Perficient, 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 - NEC
- Sub-Industry: Internet Software & Services
- Symbol: NASDAQ:PRFT
- CUSIP: 71375U10
- Web: www.perficient.com
Capitalization:- Market Cap: $625.53 million
- Outstanding Shares: 35,117,000
Average Prices:- 50 Day Moving Avg: $18.22
- 200 Day Moving Avg: $17.67
- 52 Week Range: $14.15 - $20.79
P/E:- Trailing P/E Ratio: 42.99
- Foreward P/E Ratio: 15.95
- P/E Growth: 36.00
Sales & Book Value:- Annual Revenue: $452.14 million
- Price / Sales: 1.38
- Book Value: $10.70 per share
- Price / Book: 1.66
Profitability:- EBIDTA: $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: 173,383 shs.
- Beta: 0.86
- Short Ratio: 2.13
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 repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.
How were Perficient's earnings last quarter?
Perficient, Inc. (NASDAQ:PRFT) announced its earnings results on Thursday, August, 3rd. The company reported $0.29 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.29. The firm had revenue of $117 million for the quarter, compared to analyst estimates of $119.21 million. Perficient had a return on equity of 7.42% and a net margin of 3.08%. Perficient's quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.28 earnings per share. View Perficient's Earnings History.
What guidance has Perficient issued on next quarter's earnings?
Perficient updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $1.19-$1.29 for the period, compared to the Thomson Reuters consensus earnings per share 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 price objectives for Perficient's shares. Their forecasts range from $20.00 to $21.00. On average, they anticipate Perficient's stock price to reach $20.50 in the next year. View Analyst Ratings for Perficient.
Who are some of Perficient's key competitors?
Some companies that are related to Perficient include AVEVA Group plc (AVV), Web.com Group (WEB), Presidio (PSDO), ePlus inc. (PLUS), Sykes Enterprises, Incorporated (SYKE), Endurance International Group Holdings (EIGI), Virtusa Corporation (VRTU), Computacenter plc (CCC), Quality Systems (QSII), FDM Group (Holdings) PLC (FDM), Softcat PLC (SCT), LivePerson (LPSN), Monotype Imaging Holdings (TYPE), Datatec (DTC), First Derivatives plc (FDP), Silver Spring Networks (SSNI), Premiere Global Services (PGI) and Carbonite (CARB).
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
Who owns Perficient stock?
Perficient's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (7.23%), Dimensional Fund Advisors LP (6.02%), Vanguard Group Inc. (5.51%), Investment Counselors of Maryland LLC (3.01%), Royal Bank of Canada (2.84%) and State Street Corp (2.71%). Company insiders that own Perficient stock include James R Kackley, Jeffrey S Davis, Paul E Martin and Ralph C Derrickson. View Institutional Ownership Trends for Perficient.
Who sold Perficient stock? Who is selling Perficient stock?
Perficient's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, JPMorgan Chase & Co., Kennedy Capital Management Inc., Schwab Charles Investment Management Inc., California State Teachers Retirement System, Public Sector Pension investment Board, Principal Financial Group Inc. and Comerica Bank. Company insiders that have sold Perficient stock in the last year include Jeffrey S Davis, Paul E Martin and Ralph C Derrickson. View Insider Buying and Selling for Perficient.
Who bought Perficient stock? Who is buying Perficient stock?
Perficient's stock was bought by a variety of institutional investors in the last quarter, including Northern Trust Corp, Dimensional Fund Advisors LP, Falcon Point Capital LLC, Russell Investments Group Ltd., Royce & Associates LP, Alliancebernstein L.P., Mutual of America Capital Management LLC and Vanguard Group Inc.. Company insiders that have bought Perficient stock in the last two years include James R Kackley and Ralph C Derrickson. View Insider Buying and Selling for Perficient.
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 $17.71.
MarketBeat Community Rating for Perficient (NASDAQ PRFT)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.
Consensus Ratings for Perficient (NASDAQ:PRFT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $20.50 (15.75% upside) |
Analysts' Ratings History for Perficient (NASDAQ:PRFT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/3/2017 | Maxim Group | Set Price Target | Buy | $20.00 | High |  |
| 4/2/2017 | Needham & Company LLC | Reiterated Rating | Buy | $21.00 | Medium | |
| 11/4/2016 | Avondale Partners | Downgrade | Outperform -> Market Perform | | N/A | |
| 6/24/2016 | Sidoti | Initiated Coverage | Buy | $27.00 | N/A | |
(Data available from 8/17/2015 forward)
Earnings History for Perficient (NASDAQ:PRFT)Earnings History by Quarter for Perficient (NASDAQ PRFT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/3/2017 | Q2 2017 | $0.29 | $0.29 | $119.21 million | $117.00 million | View | Listen | |
| 5/4/2017 | Q1 2017 | $0.20 | $0.24 | $114.23 million | $111.02 million | View | Listen | |
| 2/28/2017 | Q416 | $0.26 | $0.27 | $115.00 million | $119.59 million | View | Listen | |
| 11/3/2016 | Q316 | $0.35 | $0.26 | $122.18 million | $120.90 million | View | Listen | |
| 8/4/2016 | Q216 | $0.30 | $0.28 | $124.88 million | $124.40 million | View | Listen | |
| 5/5/2016 | Q116 | $0.28 | $0.29 | $122.79 million | $123.80 million | View | Listen | |
| 3/3/2016 | Q415 | $0.36 | $0.37 | $129.45 million | $133.70 million | View | Listen | |
| 11/5/2015 | Q315 | $0.27 | $0.30 | $118.71 million | $120.90 million | View | Listen | |
| 7/30/2015 | Q215 | $0.22 | $0.25 | $108.56 million | $108.50 million | View | Listen | |
| 5/7/2015 | Q115 | $0.29 | $0.26 | $113.10 million | $110.60 million | View | Listen | |
| 3/5/2015 | Q414 | $0.30 | $0.29 | $114.14 million | $125.80 million | View | Listen | |
| 7/31/2014 | Q214 | $0.33 | $0.33 | $112.54 million | $116.70 million | View | Listen | |
| 5/8/2014 | Q114 | $0.25 | $0.25 | $100.60 million | $97.20 million | View | Listen | |
| 3/6/2014 | Q413 | $0.29 | $0.30 | $99.16 million | $97.50 million | View | Listen | |
| 11/7/2013 | Q313 | $0.29 | $0.32 | $95.35 million | $87.70 million | View | Listen | |
| 8/1/2013 | Q2 2013 | $0.25 | $0.28 | $92.80 million | $94.20 million | View | Listen | |
| 5/9/2013 | Q1 2013 | $0.22 | $0.22 | $83.01 million | $84.90 million | View | Listen | |
| 3/7/2013 | Q4 2012 | $0.23 | $0.23 | $82.99 million | $83.10 million | View | Listen | |
| 11/1/2012 | Q312 | $0.25 | $0.26 | $84.03 million | $87.50 million | View | N/A | |
| 8/2/2012 | | $0.24 | $0.24 | | | View | N/A | |
| 5/3/2012 | | $0.20 | $0.20 | | | View | N/A | |
| 3/1/2012 | | $0.21 | $0.21 | | | View | N/A | |
| 11/3/2011 | | $0.22 | $0.22 | | | View | N/A | |
| 8/4/2011 | | $0.20 | $0.21 | | | View | N/A | |
| 5/5/2011 | | $0.16 | $0.15 | | | View | N/A | |
| 3/3/2011 | | $0.17 | $0.17 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Perficient (NASDAQ:PRFT)2017 EPS Consensus Estimate: $0.54
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q3 2017 | 1 | $0.26 | $0.26 | $0.26 |
| Q4 2017 | 1 | $0.28 | $0.28 | $0.28 |
| Q1 2018 | 1 | $0.26 | $0.26 | $0.26 |
| Q2 2018 | 1 | $0.28 | $0.28 | $0.28 |
| Q3 2018 | 1 | $0.30 | $0.30 | $0.30 |
(Data provided by Zacks Investment Research)
Dividend History for Perficient (NASDAQ:PRFT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Perficient (NASDAQ:PRFT)Insider Ownership Percentage: 3.70%
Institutional Ownership Percentage: 77.38%
Insider Trades by Quarter for Perficient (NASDAQ:PRFT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/9/2017 | Ralph C Derrickson | Director | Sell | 7,900 | $17.64 | $139,356.00 | |
| 3/15/2017 | Jeffrey S Davis | Insider | Sell | 56,257 | $17.94 | $1,009,250.58 | |
| 3/3/2017 | Paul E. Martin | CFO | Sell | 20,000 | $17.95 | $359,000.00 | |
| 11/30/2016 | James R Kackley | Director | Buy | 1,400 | $18.17 | $25,438.00 | |
| 11/11/2016 | Ralph C Derrickson | Director | Buy | 1,434 | $17.44 | $25,008.96 | |
| 4/10/2015 | Jeffrey S Davis | CEO | Sell | 11,467 | $21.14 | $242,412.38 | |
| 4/7/2015 | Jeffrey S Davis | CEO | Sell | 32,680 | $21.03 | $687,260.40 | |
| 1/20/2015 | Paul E Martin | CFO | Sell | 10,000 | $19.62 | $196,200.00 | |
| 1/8/2015 | Paul E Martin | CFO | Sell | 15,000 | $18.70 | $280,500.00 | |
| 12/8/2014 | James R Kackley | Director | Buy | 1,120 | $18.00 | $20,160.00 | |
| 3/12/2014 | John Hamlin | Director | Buy | 1,050 | $19.51 | $20,485.50 | |
| 1/10/2014 | Paul Martin | CFO | Sell | 40,000 | $22.54 | $901,600.00 | |
| 12/17/2013 | Paul Martin | CFO | Sell | 3,500 | $21.99 | $76,965.00 | |
| 12/5/2013 | Kathryn Henely | COO | Sell | 38,631 | $22.26 | $859,926.06 | |
| 11/14/2013 | James Kackley | Director | Buy | 1,020 | $19.85 | $20,247.00 | |
| 11/13/2013 | Jeffrey Davis | CEO | Sell | 125,000 | $20.06 | $2,507,500.00 | |
| 8/20/2013 | David S Lundeen | Director | Sell | 15,000 | $17.04 | $255,600.00 | |
| 8/6/2013 | Jeffrey S Davis | CEO | Sell | 85,000 | $16.86 | $1,433,100.00 | |
| 8/5/2013 | Kathryn J Henely | COO | Sell | 32,383 | $17.00 | $550,511.00 | |
| 6/11/2013 | David May | Director | Buy | 5,000 | $13.35 | $66,750.00 | |
| 6/7/2013 | Paul E Martin | CFO | Sell | 10,000 | $13.10 | $131,000.00 | |
| 5/20/2013 | Paul E Martin | CFO | Sell | 10,000 | $12.40 | $124,000.00 | |
| 11/7/2012 | John S Hamlin | Director | Buy | 1,800 | $11.10 | $19,980.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Perficient (NASDAQ:PRFT)
Latest Headlines for Perficient (NASDAQ:PRFT)
| Source: |
|
| Date | Headline |
|---|
 | Perficient, Inc. (PRFT) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - August 14 at 12:26 AM |
 | Perficient to Participate in D.A. Davidson & Co. Ninth Annual Technology Forum
finance.yahoo.com - August 11 at 7:43 AM |
| Perficient, Inc. (PRFT) Director Ralph C. Derrickson Sells 7,900 Shares
www.americanbankingnews.com - August 10 at 8:14 PM |
| SunTrust Banks Analysts Lift Earnings Estimates for Perficient, Inc. (PRFT)
www.americanbankingnews.com - August 9 at 12:08 PM |
| Reviewing Perficient (NASDAQ:PRFT) and MedAssets (MDAS)
www.americanbankingnews.com - August 9 at 7:46 AM |
| Perficient, Inc. :PRFT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 9 at 6:35 AM |
| Perficient, Inc. :PRFT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 9 at 6:35 AM |
| Edited Transcript of PRFT earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 8 at 6:19 AM |
| Edited Transcript of PRFT earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 8 at 6:19 AM |
| Perficient, 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 |
| Perficient, Inc. (NASDAQ:PRFT) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 4 at 7:44 AM |
| Perficient Reports Second Quarter 2017 Results
finance.yahoo.com - August 4 at 7:09 AM |
| Perficient posts 2Q profit
finance.yahoo.com - August 4 at 7:09 AM |
| Perficient, Inc. (PRFT) Releases Earnings Results, Meets Expectations
www.americanbankingnews.com - August 3 at 4:50 PM |
| Perficient, Inc. (PRFT) Releases Q3 Earnings Guidance
www.americanbankingnews.com - August 3 at 9:04 AM |
| Perficient, Inc. (NASDAQ:PRFT) Updates FY17 Earnings Guidance
www.americanbankingnews.com - August 3 at 9:04 AM |
| Perficient Digital to Address Value of Personalization in Healthcare During July Webinar with Kaiser Permanente
finance.yahoo.com - July 19 at 5:06 AM |
| Perficient Wins Top Honors in Messaging, Office 365, Performance at Microsoft Inspire 2017
finance.yahoo.com - July 12 at 7:06 AM |
| Perficient, Inc. (PRFT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - July 10 at 9:50 AM |
| Perficient, Inc. (NASDAQ:PRFT) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - July 8 at 4:46 PM |
| Perficient to Announce Second Quarter 2017 Results, Host Conference Call on August 3
finance.yahoo.com - July 6 at 8:06 AM |
| Perficient, Inc. (PRFT) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 1 at 12:36 PM |
| Research Analysts Offer Predictions for Perficient, Inc.'s Q3 2017 Earnings (PRFT)
www.americanbankingnews.com - June 30 at 8:06 AM |
| SunTrust Banks Comments on Perficient, Inc.'s FY2017 Earnings (PRFT)
www.americanbankingnews.com - June 29 at 8:38 AM |
| Perficient, Inc. (PRFT) Given a $20.00 Price Target at Maxim Group
www.americanbankingnews.com - June 26 at 12:26 AM |
| Perficient, Inc. (PRFT) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 24 at 10:40 AM |
| Zacks Investment Research Upgrades Perficient, Inc. (PRFT) to Buy
www.americanbankingnews.com - June 24 at 7:06 AM |
| Perficient Acquires Clarity Consulting
finance.yahoo.com - June 23 at 9:13 AM |
| Zacks Investment Research Lowers Perficient, Inc. (PRFT) to Hold
www.americanbankingnews.com - June 17 at 11:08 AM |
| Perficient, Inc. (PRFT) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - June 17 at 7:16 AM |
| Perficient Repatriating Offshore Capital
finance.yahoo.com - June 17 at 5:58 AM |
| Perficient, Inc. (PRFT) Issues Q2 Earnings Guidance
www.americanbankingnews.com - June 16 at 9:04 PM |
| Perficient, Inc. (PRFT) Issues FY17 Earnings Guidance
www.americanbankingnews.com - June 16 at 9:04 PM |
| Perficient to Present on Financial Consolidation and Close in the Cloud, Business Intelligence at Kscope17
finance.yahoo.com - June 16 at 9:06 AM |
| Perficient Named Microsoft’s 2017 ‘Messaging Partner of the Year’
finance.yahoo.com - June 1 at 8:16 PM |
| Perficient Digital Receives Hermes Creative Awards for Outstanding Solutions Serving Mohawk Flooring, Carhartt, The Henry Ford
finance.yahoo.com - May 30 at 7:00 PM |
| ETFs with exposure to Perficient, Inc. : May 30, 2017
finance.yahoo.com - May 30 at 7:00 PM |
| Perficient, Inc. (PRFT) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 30 at 10:52 AM |
| Perficient, Inc. breached its 50 day moving average in a Bullish Manner : PRFT-US : May 26, 2017
finance.yahoo.com - May 27 at 2:47 AM |
| Perficient, Inc. (PRFT) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 26 at 4:09 PM |
| Perficient, Inc. (PRFT) Sees Significant Increase in Short Interest
www.americanbankingnews.com - May 15 at 7:48 AM |
| Perficient Digital to Address Customer Experience Expectations Driving Commerce Changes During June Webinar
finance.yahoo.com - May 12 at 8:05 PM |
| ETFs with exposure to Perficient, Inc. : May 12, 2017
finance.yahoo.com - May 12 at 8:05 PM |
| Perficient, Inc. :PRFT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 11, 2017
finance.yahoo.com - May 11 at 7:47 PM |
| Perficient, Inc. (PRFT) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - May 11 at 8:24 AM |
| Edited Transcript of PRFT earnings conference call or presentation 4-May-17 2:00pm GMT
finance.yahoo.com - May 8 at 11:57 AM |
| Perficient to Present at Needham Emerging Technology Conference
finance.yahoo.com - May 8 at 11:57 AM |
| Perficient, Inc. (PRFT) PT Set at $20.00 by Maxim Group
www.americanbankingnews.com - May 7 at 8:02 AM |
 | Perficient's (PRFT) CEO Jeffrey Davis on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 6 at 7:10 PM |
| Perficient, Inc. (PRFT) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - May 5 at 10:30 AM |
Perficient (PRFT) Chart for Thursday, August, 17, 2017
