NASDAQ:PRFT

Perficient - PRFT Stock Forecast, Price & News

$67.70

-1.74 (-2.51%)

(As of 11/28/2022 12:00 AM ET)

Add

Compare

Today's Range: $67.61
▼
$69.01
50-Day Range: $60.13
▼
$71.37
52-Week Range: $59.78
▼
$141.74

Volume: 196,281 shs
Average Volume: 258,901 shs
Market Capitalization: $2.34 billion

P/E Ratio: 29.56
Dividend Yield: N/A
Price Target: $91.63

Perficient MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 35.3% Upside
$91.63 Price Target
Short Interest: Healthy
3.64% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.65
Based on 5 Articles This Week
Insider Trading: Acquiring Shares
$70,542 Bought Last Quarter
Proj. Earnings Growth: 11.70%
From $3.76 to $4.20 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.09 out of 5 stars

Computer And Technology Sector

29th out of 631 stocks

Custom Computer Programming Services Industry

2nd out of 25 stocks

4.4

Analyst's Opinion

Consensus Rating
Perficient has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $91.63, Perficient has a forecasted upside of 35.3% from its current price of $67.70.
Amount of Analyst Coverage
Perficient has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
3.64% of the outstanding shares of Perficient have been sold short.
Short Interest Ratio / Days to Cover
Perficient has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in Perficient has recently decreased by 1.56%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Perficient does not currently pay a dividend.
Dividend Growth
Perficient does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PRFT.

3.1

News and Social Media Coverage

News Sentiment
Perficient has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Perficient this week, compared to 3 articles on an average week.
Search Interest
9 people have searched for PRFT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Perficient insiders have bought more of their company's stock than they have sold. Specifically, they have bought $70,542.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.20% of the stock of Perficient is held by insiders.
Percentage Held by Institutions
93.76% of the stock of Perficient is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Perficient are expected to grow by 11.70% in the coming year, from $3.76 to $4.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Perficient is 29.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.96.
Price to Earnings Ratio vs. Sector
The P/E ratio of Perficient is 29.56, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 377.10.
Price to Earnings Growth Ratio
Perficient has a PEG Ratio of 1.09. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Perficient has a P/B Ratio of 6.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Perficient (NASDAQ:PRFT) Stock

Perficient, Inc. provides digital consultancy services and solutions in the United States. The company offers strategy and consulting solutions in the areas of digital and technology strategy, management consulting, and organizational change management; and data and intelligence solutions in the areas of analytics, artificial intelligence and machine learning, big data, business intelligence, and custom product portfolio. It also provides blockchain, cloud, commerce, corporate performance management, customer relationship management, content management systems, customer experience platforms, custom application development, DevOps, enterprise resource planning, integration and APIs, intelligent automation, Internet of Things, mobile, portals and collaboration, supply chain, product information management, and order management systems. In addition, the company offers analytics, content architecture, conversion rate optimization, creative design, email marketing, journey sciences, paid media and search, marketing automation research, SEO, and social media services; product development services, as well as a suite of proprietary products; and optimized global delivery solutions. It serves the healthcare, financial services, retail and consumer goods, manufacturing, automotive and transportation, telecommunications, energy and utilities, and life science markets. Perficient, Inc. was incorporated in 1997 and is headquartered in St. Louis, Missouri.

Receive PRFT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Perficient and its competitors with MarketBeat's FREE daily newsletter.

PRFT Stock News Headlines

November 26, 2022 | finance.yahoo.com

Perficient (NASDAQ:PRFT) shareholders have earned a 29% CAGR over the last five years

November 25, 2022 | americanbankingnews.com

Perficient, Inc. (NASDAQ:PRFT) Director Purchases $50,053.14 in Stock

November 16, 2022 | finance.yahoo.com

Perficient to Present at J.P. Morgan Ultimate Services Conference

November 8, 2022 | finance.yahoo.com

Perficient Third Quarter 2022 Earnings: Misses Expectations

November 1, 2022 | seekingalpha.com

Perficient, Inc. (PRFT) Q3 2022 Earnings Call Transcript

November 1, 2022 | finance.yahoo.com

Perficient (NASDAQ:PRFT) Shareholders Will Want The ROCE Trajectory To Continue

October 29, 2022 | finance.yahoo.com

Perficient Reports Third Quarter 2022 Results

October 29, 2022 | msn.com

Perficient: Q3 Earnings Insights

October 29, 2022 | markets.businessinsider.com

Where Perficient Stands With Analysts

October 27, 2022 | finance.yahoo.com

Perficient (PRFT) Q3 Earnings Surpass Estimates

October 17, 2022 | businesswire.com

Perficient to Demonstrate Multi-Pillar Oracle Expertise at Oracle CloudWorld 2022 - Business Wire

October 13, 2022 | businesswire.com

Perficient and Infor to Showcase Multilingual Digital Experiences at Sitecore Symposium - Business Wire

October 11, 2022 | finance.yahoo.com

Perficient Boosts Global Delivery Capacity In India With Latest Acquisition

October 11, 2022 | finance.yahoo.com

Perficient (PRFT) Expands Partnership With Dallas Mavericks

October 11, 2022 | nasdaq.com

Perficient (PRFT) Expands Partnership With Dallas Mavericks - Nasdaq

October 11, 2022 | businesswire.com

Perficient Announces Acquisition of Ameex Technologies - Business Wire

October 10, 2022 | streetinsider.com

Perficient, Inc. (PRFT) Expands Partnership with Dallas Mavericks, Announces Multi-Year Agreement - StreetInsider.com

October 10, 2022 | seekingalpha.com

Perficient enters multiyear agreement with Dallas Mavericks - Seeking Alpha

October 6, 2022 | finance.yahoo.com

Is There An Opportunity With Perficient, Inc.'s (NASDAQ:PRFT) 42% Undervaluation?

October 5, 2022 | businesswire.com

Optimizely Announces Winners of 2022 Customer Excellence Awards - Business Wire

October 4, 2022 | businesswire.com

Perficient Renews Partnership with Latin American Robot Building Team RioBotz, Announces Multi-Year Agreement - Business Wire

September 30, 2022 | seekingalpha.com

Perficient: Strong Demand And Acquisition Of Inflection Point (NASDAQ:PRFT) - Seeking Alpha

September 28, 2022 | nasdaq.com

Is Perficient (NASDAQ:PRFT) Using Too Much Debt? - Nasdaq

September 28, 2022 | finance.yahoo.com

Perficient, Inc. (PRFT)

September 26, 2022 | businesswire.com

Perficient's Bright Paths Program Launches in Dallas - Business Wire

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive PRFT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Perficient and its competitors with MarketBeat's FREE daily newsletter.

PRFT Company Calendar

Last Earnings: 10/28/2021
Today: 11/28/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/23/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Custom computer programming services
Sub-Industry: Internet Software & Services
Sector: Computer and Technology
Current Symbol: NASDAQ:PRFT
CUSIP: 71375U10
CIK: 1085869
Web: www.perficient.com
Phone: (314) 529-3600
Fax: 314-529-3640
Employees: 6,079
Year Founded: 1997

Price Target and Rating

Average Stock Price Forecast: $91.63
High Stock Price Forecast: $110.00
Low Stock Price Forecast: $75.00
Forecasted Upside/Downside: +35.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.29
Trailing P/E Ratio: 29.56
Forward P/E Ratio: 18.01
P/E Growth: 1.09
Net Income: $52.09 million
Net Margins: 9.29%
Pretax Margin: 11.61%
Return on Equity: 33.82%
Return on Assets: 13.48%

Debt

Debt-to-Equity Ratio: 1.03
Current Ratio: 2.16
Quick Ratio: 2.16

Sales & Book Value

Annual Sales: $761.03 million
Price / Sales: 3.08
Cash Flow: $4.10 per share
Price / Cash Flow: 16.51
Book Value: $11.07 per share
Price / Book: 6.12

Miscellaneous

Outstanding Shares: 34,628,000
Free Float: 33,866,000
Market Cap: $2.34 billion
Optionable: Optionable
Beta: 1.53

Social Links

Key Executives

Mr. Jeffrey S. Davis (Age 58)
Chairman & CEO
Comp: $2.66M

Mr. Thomas J. Hogan (Age 45)
Pres & COO
Comp: $1.2M

Mr. Paul E. Martin (Age 61)
CFO, Treasurer & Assistant Sec.
Comp: $913.86k

Mr. Bill Davis
VP of Marketing

Connor Stieferman
Communications Mang.

Mr. Patrick Schwierking
VP of Sales

Ms. Andrea Lampert
VP of People

Ms. Susan Adomite
VP & Controller

Mr. Cameron Walbert
Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRFT Stock - Frequently Asked Questions

Should I buy or sell Perficient stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Perficient in the last year. There are currently 1 hold rating and 7 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.
What is Perficient's stock price forecast for 2023?: 8 equities research analysts have issued twelve-month target prices for Perficient's stock. Their PRFT share price forecasts range from $75.00 to $110.00. On average, they predict the company's share price to reach $91.63 in the next year. This suggests a possible upside of 35.3% from the stock's current price.
View analysts price targets for PRFT or view top-rated stocks among Wall Street analysts.
How have PRFT shares performed in 2022?: Perficient's stock was trading at $129.29 at the beginning of 2022. Since then, PRFT shares have decreased by 47.6% and is now trading at $67.70.
View the best growth stocks for 2022 here.
When is Perficient's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our PRFT earnings forecast.
How were Perficient's earnings last quarter?: Perficient, Inc. (NASDAQ:PRFT) posted its 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 trailing twelve-month return on equity of 33.82% and a net margin of 9.29%. The business's revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 EPS.
What guidance has Perficient issued on next quarter's earnings?: Perficient issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $1.11-$1.16 for the period, compared to the consensus earnings per share estimate of $1.16. The company issued revenue guidance of $233.00 million-$239.00 million, compared to the consensus revenue estimate of $241.97 million.
What is Jeffrey Davis' approval rating as Perficient's CEO?: 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.

What other stocks do shareholders of Perficient own?: 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).
What is Perficient's stock symbol?: Perficient trades on the NASDAQ under the ticker symbol "PRFT."
Who are Perficient's major shareholders?: Perficient's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.59%), Vanguard Group Inc. (11.35%), State Street Corp (3.25%), Geneva Capital Management LLC (2.67%), Dimensional Fund Advisors LP (2.64%) and Blue Grotto Capital LLC (1.61%). 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.
How do I buy shares of Perficient?: 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.
What is Perficient's stock price today?: One share of PRFT stock can currently be purchased for approximately $67.70.
How much money does Perficient make?: Perficient (NASDAQ:PRFT) has a market capitalization of $2.34 billion and generates $761.03 million in revenue each year. The digital transformation consultancy earns $52.09 million in net income (profit) each year or $2.29 on an earnings per share basis.
How many employees does Perficient have?: The company employs 6,079 workers across the globe.
Does Perficient have any subsidiaries?: The following companies are subsidiares of Perficient: BRAINJOCKS INC, Bluetube, BoldTech International, BoldTech Systems (Hangzhou), Clarity Consulting Inc, Elixiter, Enlighten, MedTouch, Perficient Canada Corp., Perficient India Private Limited, Perficient UK Ltd., RAS Associates, Southport Services Group LLC, Stone Temple Consulting, and Sundog.
Read More
How can I contact Perficient?: 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.

This page (NASDAQ:PRFT) was last updated on 11/28/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial