NASDAQ:PRFT - Perficient Stock Price, Price Target & More

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

Perficient declared that its board has initiated a share buyback program on Friday, March 2nd 2018, which authorizes the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

Perficient, Inc. (NASDAQ:PRFT) announced its earnings results on Tuesday, May, 1st. The digital transformation consultancy reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. The digital transformation consultancy had revenue of $120.94 million for the quarter, compared to analysts' expectations of $115.90 million. Perficient had a net margin of 4.20% and a return on equity of 9.70%. The firm's revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.24 EPS. View Perficient's Earnings History.

Perficient is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Perficient.

Perficient issued an update on its FY18 earnings guidance on Tuesday, May, 1st. The company provided EPS guidance of $1.44-1.54 for the period, compared to the Thomson Reuters consensus estimate of $1.51. The company issued revenue guidance of $485-510 million, compared to the consensus revenue estimate of $492.03 million.Perficient also updated its Q2 guidance to $0.36-0.39 EPS.

3 Wall Street analysts have issued 12 month price targets for Perficient's stock. Their forecasts range from $26.00 to $30.00. On average, they anticipate Perficient's share price to reach $27.6667 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Ratings for Perficient.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Perficient in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Perficient include Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Luxoft (LXFT), PROS (PRO), Glu Mobile (GLUU), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), AGM Group (AGMH), Synchronoss Technologies (SNCR), RealNetworks (RNWK), Computer Task Group (CTG) and Perion Network Ltd Common Stock (PERI).

News articles about PRFT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Perficient earned a media sentiment score of 0.14 on Accern's scale. They also gave press coverage about the digital transformation consultancy an impact score of 47.08 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Perficient's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.21%), Bank of Montreal Can (0.20%), Campbell & CO Investment Adviser LLC (0.05%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Perficient stock include Gary Wimberly, James R Kackley, Jeffrey S Davis, Kathryn J Henely, Paul E Martin and Ralph C Derrickson. View Institutional Ownership Trends for Perficient.

PRFT stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan and Bank of Montreal Can. Company insiders that have sold Perficient company stock in the last year include James R Kackley, Jeffrey S Davis, Kathryn J Henely, Paul E Martin and Ralph C Derrickson. View Insider Buying and Selling for Perficient.

PRFT stock was acquired by a variety of institutional investors in the last quarter, including Denali Advisors LLC and Campbell & CO Investment Adviser LLC. Company insiders that have bought Perficient stock in the last two years include Gary Wimberly, James R Kackley and Ralph C Derrickson. View Insider Buying and Selling for Perficient.

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

One share of PRFT stock can currently be purchased for approximately $27.20.

Perficient has a market capitalization of $952.17 million and generates $485.26 million in revenue each year. The digital transformation consultancy earns $18.58 million in net income (profit) each year or $0.95 on an earnings per share basis. Perficient employs 3,024 workers across the globe.

Perficient's mailing address is 555 MARYVILLE UNIVERSITY DRIVE SUITE 600, SAINT LOUIS MO, 63141. The digital transformation consultancy can be reached via phone at 31-40-529-3600.