Perficient Company Profile (NASDAQ:PRFT)

About Perficient (NASDAQ:PRFT)

Perficient logoPerficient, Inc. is an information technology and management consulting firm. The Company's solutions include business intelligence and analytics, commerce, content management, custom applications, platform implementations, portals and collaboration, business integration and application program interfaces, management consulting, business process management, and customer relationship management, among others. It provides services to the healthcare (pharma and life sciences), financial services (banking and insurance), retail and consumer goods, automotive and transport products, electronics and computer hardware, telecommunications, manufacturing, business services, and leisure, and media and entertainment markets, among others.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: IT Services & Consulting
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:PRFT
  • CUSIP: 71375U10
  • Web: www.perficient.com
Capitalization:
  • Market Cap: $687.94 million
  • Outstanding Shares: 35,117,000
Average Prices:
  • 50 Day Moving Avg: $19.00
  • 200 Day Moving Avg: $17.95
  • 52 Week Range: $14.15 - $20.22
P/E:
  • Trailing P/E Ratio: 47.55
  • Foreward P/E Ratio: 13.89
  • P/E Growth: 40.63
Sales & Book Value:
  • Annual Revenue: $452.14 million
  • Price / Sales: 1.52
  • Book Value: $10.70 per share
  • Price / Book: 1.83
Profitability:
  • EBITDA: $47.43 million
  • Net Margins: 3.08%
  • Return on Equity: 7.42%
  • Return on Assets: 5.82%
Debt:
  • Debt-to-Equity Ratio: 0.19%
  • Current Ratio: 2.57%
  • Quick Ratio: 2.57%
Misc:
  • Average Volume: 120,374 shs.
  • Beta: 0.89
  • Short Ratio: 3.17
 

Frequently Asked Questions for Perficient (NASDAQ:PRFT)

What is Perficient's stock symbol?

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

How will Perficient's stock buyback program work?

Perficient declared that its Board of Directors has approved a share buyback program on Tuesday, April 11th 2017, which authorizes the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

How were Perficient's earnings last quarter?

Perficient, Inc. (NASDAQ:PRFT) released its earnings results on Thursday, August, 3rd. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.29. The company had revenue of $117 million for the quarter, compared to analyst estimates of $119.21 million. Perficient had a net margin of 3.08% and a return on equity of 7.42%. Perficient's revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period last year, the company earned $0.28 EPS. View Perficient's Earnings History.

When will Perficient make its next earnings announcement?

Perficient is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Perficient.

What guidance has Perficient issued on next quarter's earnings?

Perficient issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $1.19-$1.29 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.22. The company issued revenue guidance of $490-$510 million, compared to the consensus revenue estimate of $496.43 million.Perficient also updated its Q3 guidance to $0.32-$0.34 EPS.

Where is Perficient's stock going? Where will Perficient's stock price be in 2017?

3 equities research analysts have issued 12-month target prices for Perficient's shares. Their forecasts range from $20.00 to $21.00. On average, they anticipate Perficient's share price to reach $20.50 in the next twelve months. View Analyst Ratings for Perficient.

What are analysts saying about Perficient stock?

Here are some recent quotes from research analysts about Perficient stock:

  • 1. According to Zacks Investment Research, "Perficient, Inc. is an information technology and management consulting firm. Its solutions include business intelligence and analytics, commerce, content management, custom applications, platform implementations, portals and collaboration, business integration and application program interfaces, management consulting, business process management, and customer relationship management, among others. In addition, it provides enterprise social solutions consisting of ideation and crowdsourcing, mobile apps, employee onboarding, partner and vendor collaboration, user and customer support, expert location/Q&A, and others; and digital marketing services, including search engine marketing, user experience and design, and conversion rate optimization. It provides services to the healthcare, financial services, retail and consumer goods, automotive and transport products, electronics and computer hardware, telecommunications, manufacturing, business services, and leisure, and media and entertainment markets. " (10/7/2017)
  • 2. Needham & Company LLC analysts commented, "PRFT reported 4Q results that were above consensus on both the top and bottom line following the 3Q guide-down. While project delays and disruptions and elongated decision cycles weighed on performance in the back half of the year, we see signs of stabilization entering FY17. Management provided guidance for the year that was largely in line with consensus on both revenue and EPS, and reflecting stability at large clients and healthy bookings trends. While elongated deal cycles may persist as broad macroeconomic and policy caution looms, we believe the risk-reward remains favorable with shares trading at roughly 13x our FY18 EPS estimate. We maintain our BUY rating and raise our target to $21." (3/1/2017)

Who are some of Perficient's key competitors?

Who are Perficient's key executives?

Perficient's management team includes the folowing people:

  • Jeffrey S. Davis, Chairman of the Board, President, Chief Executive Officer
  • Paul E. Martin, Chief Financial Officer, Treasurer, Secretary
  • Kathryn J. Henely, Chief Operating Officer
  • James R. Kackley, Lead Independent Director
  • Ralph C. Derrickson, Independent Director
  • David S. Lundeen, Independent Director
  • Brian L. Matthews, Independent Director

How do I buy Perficient stock?

Shares of Perficient can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Perficient's stock price today?

One share of Perficient stock can currently be purchased for approximately $19.59.


MarketBeat Community Rating for Perficient (NASDAQ PRFT)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  167 (Vote Outperform)
Underperform Votes:  104 (Vote Underperform)
Total Votes:  271
MarketBeat's community ratings are surveys of what our community members think about Perficient and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Perficient (NASDAQ:PRFT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $20.50 (4.65% upside)
Consensus Price Target History for Perficient (NASDAQ:PRFT)
Price Target History for Perficient (NASDAQ:PRFT)
Analysts' Ratings History for Perficient (NASDAQ:PRFT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/3/2017Maxim GroupSet Price TargetBuy$20.00HighView Rating Details
4/2/2017Needham & Company LLCReiterated RatingBuy$21.00MediumView Rating Details
11/4/2016Avondale PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
6/24/2016SidotiInitiated CoverageBuy$27.00N/AView Rating Details
(Data available from 10/19/2015 forward)

Earnings

Earnings History for Perficient (NASDAQ:PRFT)
Earnings by Quarter for Perficient (NASDAQ:PRFT)
Earnings History by Quarter for Perficient (NASDAQ PRFT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.34N/AView Earnings Details
8/3/2017Q2 2017$0.29$0.29$119.21 million$117.00 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.20$0.24$114.23 million$111.02 millionViewListenView Earnings Details
2/28/2017Q416$0.26$0.27$115.00 million$119.59 millionViewListenView Earnings Details
11/3/2016Q316$0.35$0.26$122.18 million$120.90 millionViewListenView Earnings Details
8/4/2016Q216$0.30$0.28$124.88 million$124.40 millionViewListenView Earnings Details
5/5/2016Q116$0.28$0.29$122.79 million$123.80 millionViewListenView Earnings Details
3/3/2016Q415$0.36$0.37$129.45 million$133.70 millionViewListenView Earnings Details
11/5/2015Q315$0.27$0.30$118.71 million$120.90 millionViewListenView Earnings Details
7/30/2015Q215$0.22$0.25$108.56 million$108.50 millionViewListenView Earnings Details
5/7/2015Q115$0.29$0.26$113.10 million$110.60 millionViewListenView Earnings Details
3/5/2015Q414$0.30$0.29$114.14 million$125.80 millionViewListenView Earnings Details
7/31/2014Q214$0.33$0.33$112.54 million$116.70 millionViewListenView Earnings Details
5/8/2014Q114$0.25$0.25$100.60 million$97.20 millionViewListenView Earnings Details
3/6/2014Q413$0.29$0.30$99.16 million$97.50 millionViewListenView Earnings Details
11/7/2013Q313$0.29$0.32$95.35 million$87.70 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.25$0.28$92.80 million$94.20 millionViewListenView Earnings Details
5/9/2013Q1 2013$0.22$0.22$83.01 million$84.90 millionViewListenView Earnings Details
3/7/2013Q4 2012$0.23$0.23$82.99 million$83.10 millionViewListenView Earnings Details
11/1/2012Q312$0.25$0.26$84.03 million$87.50 millionViewN/AView Earnings Details
8/2/2012$0.24$0.24ViewN/AView Earnings Details
5/3/2012$0.20$0.20ViewN/AView Earnings Details
3/1/2012$0.21$0.21ViewN/AView Earnings Details
11/3/2011$0.22$0.22ViewN/AView Earnings Details
8/4/2011$0.20$0.21ViewN/AView Earnings Details
5/5/2011$0.16$0.15ViewN/AView Earnings Details
3/3/2011$0.17$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Perficient (NASDAQ:PRFT)
2017 EPS Consensus Estimate: $0.54
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171$0.26$0.26$0.26
Q4 20171$0.28$0.28$0.28
Q1 20181$0.26$0.26$0.26
Q2 20181$0.28$0.28$0.28
Q3 20181$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Perficient (NASDAQ:PRFT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Perficient (NASDAQ:PRFT)
Insider Ownership Percentage: 3.70%
Institutional Ownership Percentage: 75.08%
Insider Trades by Quarter for Perficient (NASDAQ:PRFT)
Institutional Ownership by Quarter for Perficient (NASDAQ:PRFT)
Insider Trades by Quarter for Perficient (NASDAQ:PRFT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/11/2017Jeffrey S DavisChairmanSell39,023$20.04$782,020.92View SEC Filing  
10/11/2017Paul E MartinCFOSell6,082$20.20$122,856.40View SEC Filing  
10/4/2017Jeffrey S DavisInsiderSell2,542$19.92$50,636.64View SEC Filing  
9/28/2017Paul E. MartinCFOSell20,000$19.37$387,400.00View SEC Filing  
9/27/2017Paul E. MartinCFOSell13,300$19.36$257,488.00View SEC Filing  
8/9/2017Ralph C DerricksonDirectorSell7,900$17.64$139,356.00View SEC Filing  
3/15/2017Jeffrey S DavisInsiderSell56,257$17.94$1,009,250.58View SEC Filing  
3/3/2017Paul E. MartinCFOSell20,000$17.95$359,000.00View SEC Filing  
11/30/2016James R KackleyDirectorBuy1,400$18.17$25,438.00View SEC Filing  
11/11/2016Ralph C DerricksonDirectorBuy1,434$17.44$25,008.96View SEC Filing  
4/10/2015Jeffrey S DavisCEOSell11,467$21.14$242,412.38View SEC Filing  
4/7/2015Jeffrey S DavisCEOSell32,680$21.03$687,260.40View SEC Filing  
1/20/2015Paul E MartinCFOSell10,000$19.62$196,200.00View SEC Filing  
1/8/2015Paul E MartinCFOSell15,000$18.70$280,500.00View SEC Filing  
12/8/2014James R KackleyDirectorBuy1,120$18.00$20,160.00View SEC Filing  
3/12/2014John HamlinDirectorBuy1,050$19.51$20,485.50View SEC Filing  
1/10/2014Paul MartinCFOSell40,000$22.54$901,600.00View SEC Filing  
12/17/2013Paul MartinCFOSell3,500$21.99$76,965.00View SEC Filing  
12/5/2013Kathryn HenelyCOOSell38,631$22.26$859,926.06View SEC Filing  
11/14/2013James KackleyDirectorBuy1,020$19.85$20,247.00View SEC Filing  
11/13/2013Jeffrey DavisCEOSell125,000$20.06$2,507,500.00View SEC Filing  
8/20/2013David S LundeenDirectorSell15,000$17.04$255,600.00View SEC Filing  
8/6/2013Jeffrey S DavisCEOSell85,000$16.86$1,433,100.00View SEC Filing  
8/5/2013Kathryn J HenelyCOOSell32,383$17.00$550,511.00View SEC Filing  
6/11/2013David MayDirectorBuy5,000$13.35$66,750.00View SEC Filing  
6/7/2013Paul E MartinCFOSell10,000$13.10$131,000.00View SEC Filing  
5/20/2013Paul E MartinCFOSell10,000$12.40$124,000.00View SEC Filing  
11/7/2012John S HamlinDirectorBuy1,800$11.10$19,980.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Perficient (NASDAQ:PRFT)
Latest Headlines for Perficient (NASDAQ:PRFT)
Source:
DateHeadline
americanbankingnews.com logoPerficient, Inc. (PRFT) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - October 18 at 4:34 AM
americanbankingnews.com logoPaul E. Martin Sells 6,082 Shares of Perficient, Inc. (PRFT) Stock
www.americanbankingnews.com - October 13 at 8:12 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Chairman Jeffrey S. Davis Sells 39,023 Shares
www.americanbankingnews.com - October 12 at 7:26 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - October 7 at 10:44 AM
americanbankingnews.com logoInsider Selling: Perficient, Inc. (PRFT) Insider Sells 2,542 Shares of Stock
www.americanbankingnews.com - October 6 at 8:16 PM
finance.yahoo.com logoPerficient to Announce Third Quarter 2017 Results, Host Conference Call on November 2
finance.yahoo.com - October 5 at 5:27 PM
finance.yahoo.com logoPerficient to Demonstrate Skype for Business Contact Center Solution at Microsoft Ignite 2017
finance.yahoo.com - October 3 at 11:03 AM
americanbankingnews.com logoInsider Selling: Perficient, Inc. (PRFT) CFO Sells 13,300 Shares of Stock
www.americanbankingnews.com - September 29 at 8:03 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) CFO Sells $387,400.00 in Stock
www.americanbankingnews.com - September 29 at 8:02 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 23 at 2:44 AM
americanbankingnews.com logoReviewing Perficient (PRFT) & TeleTech Holdings (TTEC)
www.americanbankingnews.com - September 18 at 10:30 PM
finance.yahoo.com logoPerficient Moves Critical Health Data Compass’ Data Warehouse to Google Cloud Platform
finance.yahoo.com - September 14 at 9:25 AM
finance.yahoo.com logoPerficient Digital Receives Creative International Awards for Outstanding Solutions Serving Carhartt, the Henry Ford
finance.yahoo.com - September 12 at 8:50 AM
finance.yahoo.com logoPerficient, Inc. breached its 50 day moving average in a Bullish Manner : PRFT-US : September 1, 2017
finance.yahoo.com - September 2 at 7:41 AM
finance.yahoo.com logoPerficient to Participate in D.A. Davidson & Co. Ninth Annual Technology Forum
finance.yahoo.com - August 11 at 7:43 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Director Ralph C. Derrickson Sells 7,900 Shares
www.americanbankingnews.com - August 10 at 8:14 PM
americanbankingnews.com logoSunTrust Banks Analysts Lift Earnings Estimates for Perficient, Inc. (PRFT)
www.americanbankingnews.com - August 9 at 12:08 PM
americanbankingnews.com logoReviewing Perficient (NASDAQ:PRFT) and MedAssets (MDAS)
www.americanbankingnews.com - August 9 at 7:46 AM
finance.yahoo.com logoPerficient, Inc. :PRFT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 9 at 6:35 AM
finance.yahoo.com logoPerficient, Inc. :PRFT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 9 at 6:35 AM
finance.yahoo.com logoEdited Transcript of PRFT earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 8 at 6:19 AM
finance.yahoo.com logoEdited Transcript of PRFT earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 8 at 6:19 AM
finance.yahoo.com logoPerficient, Inc. breached its 50 day moving average in a Bearish Manner : PRFT-US : August 4, 2017
finance.yahoo.com - August 5 at 6:21 AM
americanbankingnews.com logoPerficient, Inc. (NASDAQ:PRFT) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 4 at 7:44 AM
finance.yahoo.com logoPerficient Reports Second Quarter 2017 Results
finance.yahoo.com - August 4 at 7:09 AM
finance.yahoo.com logoPerficient posts 2Q profit
finance.yahoo.com - August 4 at 7:09 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Releases Earnings Results, Meets Expectations
www.americanbankingnews.com - August 3 at 4:50 PM
americanbankingnews.com logoPerficient, Inc. (PRFT) Releases Q3 Earnings Guidance
www.americanbankingnews.com - August 3 at 9:04 AM
americanbankingnews.com logoPerficient, Inc. (NASDAQ:PRFT) Updates FY17 Earnings Guidance
www.americanbankingnews.com - August 3 at 9:04 AM
finance.yahoo.com logoPerficient Digital to Address Value of Personalization in Healthcare During July Webinar with Kaiser Permanente
finance.yahoo.com - July 19 at 5:06 AM
finance.yahoo.com logoPerficient Wins Top Honors in Messaging, Office 365, Performance at Microsoft Inspire 2017
finance.yahoo.com - July 12 at 7:06 AM
americanbankingnews.com logoPerficient, Inc. (PRFT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - July 10 at 9:50 AM
finance.yahoo.com logoPerficient to Announce Second Quarter 2017 Results, Host Conference Call on August 3
finance.yahoo.com - July 6 at 8:06 AM
seekingalpha.com logoPerficient's (PRFT) CEO Jeffrey Davis on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 6 at 7:10 PM
biz.yahoo.com logoQ4 2016 Perficient Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 1 at 5:18 AM
us.rd.yahoo.com logoPerficient Reports Fourth Quarter and Full-Year 2016 Results
us.rd.yahoo.com - March 1 at 5:18 AM
biz.yahoo.com logoPERFICIENT INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Statements
biz.yahoo.com - February 28 at 3:47 PM
us.rd.yahoo.com logo9:01 am Perficient acquires RAS & Associates for an undisclosed sum; acquisition is expected to be accretive to adjusted earnings per share immediately
us.rd.yahoo.com - January 4 at 8:10 PM
publicnow.com logoPerficient Acquires RAS & Associates
us.rd.yahoo.com - January 4 at 8:10 PM
bizjournals.com logoIT consultant Perficient makes first acquisition of the year
us.rd.yahoo.com - January 4 at 8:10 PM
bizjournals.com logoColorado business consulting firm is bought by Missouri company
us.rd.yahoo.com - January 4 at 8:10 PM
investopedia.com logoPerficient Earns 2016 Salesforce Honor (PRFT)
www.investopedia.com - November 8 at 10:25 AM
investopedia.com logoStocks Rise as Perficient Earns Award (PRFT)
www.investopedia.com - November 8 at 10:25 AM
businesswire.com logoPerficient Reports Third Quarter 2016 Results
www.businesswire.com - November 3 at 6:57 PM
bizjournals.com logoLuma raises $7 million
www.bizjournals.com - October 21 at 10:23 AM
bizjournals.com logoAtlanta digital consultancy Bluetube acquired by Perficient
www.bizjournals.com - October 14 at 6:39 PM
bizjournals.com logoPerficient acquires Atlanta digital consulting agency
www.bizjournals.com - October 13 at 7:00 PM
biz.yahoo.com logoPERFICIENT INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - October 13 at 7:00 PM

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Chart

Perficient (PRFT) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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