Perficient - PRFT Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Perficient in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PRFT shares.
View PRFT analyst ratings or view top-rated stocks.

9 brokers have issued 12 month price targets for Perficient's stock. Their PRFT share price forecasts range from $70.00 to $110.00. On average, they anticipate the company's share price to reach $87.00 in the next year. This suggests a possible upside of 28.1% from the stock's current price.
View analysts price targets for PRFT or view top-rated stocks among Wall Street analysts.

Perficient's stock was trading at $69.83 on January 1st, 2023. Since then, PRFT stock has decreased by 2.7% and is now trading at $67.93.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our PRFT earnings forecast.

Perficient, Inc. (NASDAQ:PRFT) issued its quarterly earnings results on Thursday, October, 28th. The digital transformation consultancy reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.03. The digital transformation consultancy earned $192.80 million during the quarter, compared to the consensus estimate of $189.51 million. Perficient had a net margin of 11.53% and a trailing twelve-month return on equity of 33.83%. Perficient's revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the business earned $0.52 EPS.

ETFs with the largest weight of Perficient (NASDAQ:PRFT) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), SPDR FactSet Innovative Technology ETF (XITK), SPDR S&P Software & Services ETF (XSW), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), SPDR S&P SmallCap 600 ESG ETF (ESIX), Xtrackers S&P SmallCap 600 ESG ETF (SMLE), iShares S&P Small-Cap 600 Growth ETF (IJT) and SPDR S&P 600 Small Cap Growth ETF (SLYG).

Perficient updated its first quarter 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share guidance of $1.01-$1.06 for the period, compared to the consensus estimate of $1.13. The company issued revenue guidance of $227.00 million-$233.00 million, compared to the consensus revenue estimate of $241.62 million.

472 employees have rated Perficient Chief Executive Officer Jeffrey Davis on Glassdoor.com. Jeffrey Davis has an approval rating of 83% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Perficient investors own include NVIDIA (NVDA), Alteryx (AYX), Marvell Technology (MRVL), Block (SQ), Bank of America (BAC), JD.com (JD), Alibaba Group (BABA), Intuitive Surgical (ISRG), Salesforce (CRM) and Advanced Micro Devices (AMD).

Perficient trades on the NASDAQ under the ticker symbol "PRFT."

Perficient's stock is owned by a variety of institutional and retail investors. Top institutional investors include Moneta Group Investment Advisors LLC (34.69%), abrdn plc (3.39%), Geneva Capital Management LLC (2.71%), Dimensional Fund Advisors LP (2.63%), Silvercrest Asset Management Group LLC (2.37%) and Blue Grotto Capital LLC (1.93%). Insiders that own company stock include David S Lundeen, Gary Wimberly, Jeffrey S Davis, Jeffrey S Davis, Nancy C Pechloff, Paul E Martin, Ralph C Derrickson, Romil Bahl, Thomas J Hogan and Thomas J Hogan.
View institutional ownership trends.

Shares of PRFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PRFT stock can currently be purchased for approximately $67.93.

Perficient (NASDAQ:PRFT) has a market capitalization of $2.36 billion and generates $905.06 million in revenue each year. The digital transformation consultancy earns $104.39 million in net income (profit) each year or $2.90 on an earnings per share basis.

The company employs 6,893 workers across the globe.

Perficient's mailing address is 555 MARYVILLE UNIVERSITY DRIVE SUITE 600, SAINT LOUIS MO, 63141. The official website for the company is www.perficient.com. The digital transformation consultancy can be reached via phone at (314) 529-3600 or via fax at 314-529-3640.