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: $607.32 million
- Outstanding Shares: 35,247,000
Average Prices:- 50 Day Moving Avg: $17.08
- 200 Day Moving Avg: $17.62
- 52 Week Range: $14.15 - $22.66
P/E:- Trailing P/E Ratio: 34.73
- Foreward P/E Ratio: 15.96
- P/E Growth: 35.73
Sales & Book Value:- Annual Revenue: $457.21 million
- Price / Sales: 1.34
- Book Value: $10.61 per share
- Price / Book: 1.64
Profitability:- EBIDTA: $46.9 million
- Net Margins: 3.75%
- Return on Equity: 7.33%
- Return on Assets: 5.88%
Debt:- Debt-to-Equity Ratio: 0.11%
- Current Ratio: 3.31%
- Quick Ratio: 3.31%
Misc:- Average Volume: 161,498 shs.
- Beta: 0.85
- Short Ratio: 3.15
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 announced that its board has authorized a stock repurchase plan on Tuesday, April 11th 2017, which allows the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 3.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.
How were Perficient's earnings last quarter?
Perficient, Inc. (NASDAQ:PRFT) released its earnings results on Thursday, May, 4th. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.04. The company earned $111.02 million during the quarter, compared to analyst estimates of $114.23 million. Perficient had a net margin of 3.75% and a return on equity of 7.33%. The business's revenue was down 10.4% compared to the same quarter last year. During the same period last year, the firm earned $0.29 earnings per share. View Perficient's Earnings History.
What guidance has Perficient issued on next quarter's earnings?
Perficient issued an update on its FY17 earnings guidance on Friday, June, 16th. The company provided earnings per share guidance of $1.17-1.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.22. Perficient also updated its Q2 guidance to $0.29-0.31 EPS.
Where is Perficient's stock going? Where will Perficient's stock price be in 2017?
4 brokers have issued 1-year price targets for Perficient's shares. Their predictions range from $20.00 to $27.00. On average, they anticipate Perficient's stock price to reach $22.67 in the next year. 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 helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems. " (6/17/2017)
- 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?
Some companies that are related to Perficient include Web.com Group (WEB), Barracuda Networks (CUDA), Baozun (BZUN), Quality Systems (QSII), ePlus inc. (PLUS), Computacenter plc (CCC), FDM Group (Holdings) PLC (FDM), Monotype Imaging Holdings (TYPE), Softcat PLC (SCT), First Derivatives plc (FDP), Carbonite (CARB), Unisys Corporation (UIS), Premiere Global Services (PGI), 21Vianet Group (VNET), Silver Spring Networks (SSNI), VASCO Data Security International (VDSI), Actua Corporation (ACTA) and NCC Group PLC (NCC).
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 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 variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (11.08%), Dimensional Fund Advisors LP (5.42%), Vanguard Group Inc. (5.25%), Wellington Management Group LLP (5.13%), Investment Counselors of Maryland LLC (2.99%) and State Street Corp (2.59%). 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, Granahan Investment Management Inc. MA, Parametric Portfolio Associates LLC, Falcon Point Capital LLC, Russell Investments Group Ltd., Kennedy Capital Management Inc., JPMorgan Chase & Co. and Credit Suisse AG. Company insiders that have sold Perficient stock in the last year include Jeffrey S Davis and Paul E Martin. 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 Wellington Management Group LLP, Investment Counselors of Maryland LLC, Vanguard Group Inc., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Rice Hall James & Associates LLC, Stifel Financial Corp and Mutual of America Capital Management LLC. 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 $17.40.
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, 3 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.75) |
| Consensus Price Target: | $22.67 (30.27% upside) |
Analysts' Ratings History for Perficient (NASDAQ:PRFT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/4/2017 | Maxim Group | Set Price Target | Buy | $20.00 | Low |  |
| 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 6/22/2015 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 |
|---|
| 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)Current Year EPS Consensus Estimate: $0.96 EPS
Next Year EPS Consensus Estimate: $1.09 EPS
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: 3.50%
Institutional Ownership Percentage: 78.35%
Insider Trades by Quarter for Perficient (NASDAQ:PRFT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 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 |
|---|
 | 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. (PRFT) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 27 at 5:08 PM |
| 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 |
| Investor Network: Perficient, Inc. to Host Earnings Call
finance.yahoo.com - May 4 at 7:30 PM |
| Perficient posts 1Q profit
finance.yahoo.com - May 4 at 7:30 PM |
| Perficient, Inc. (PRFT) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 4 at 5:24 PM |
| Perficient, Inc. (PRFT) Updates Q2 Earnings Guidance
www.americanbankingnews.com - May 4 at 9:41 AM |
| Perficient, Inc. (PRFT) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 4 at 9:41 AM |
| Perficient Reports First Quarter 2017 Results
finance.yahoo.com - May 4 at 8:18 AM |
| Perficient (PRFT) Receives News Sentiment Score of 0.31
www.americanbankingnews.com - April 25 at 7:49 PM |
| Perficient, Inc. – Value Analysis (NASDAQ:PRFT) : April 25, 2017
finance.yahoo.com - April 25 at 6:27 PM |
| Perficient, Inc. breached its 50 day moving average in a Bullish Manner : PRFT-US : April 24, 2017
finance.yahoo.com - April 24 at 7:22 PM |
| Perficient Digital Receives Internet Advertising Competition Awards for Carhartt, The Henry Ford Websites
finance.yahoo.com - April 21 at 7:07 PM |
| Perficient (PRFT) Given Daily Media Impact Score of 0.69
www.americanbankingnews.com - April 21 at 8:43 AM |
| Perficient Appoints New Board Member to Replace Retiring Director
finance.yahoo.com - April 11 at 10:21 AM |
| Perficient (PRFT) Authorizes Stock Repurchase Plan
www.americanbankingnews.com - April 11 at 8:41 AM |
| Perficient Digital Receives Excellence Award for Best B2B Experience at Magento Imagine 2017
finance.yahoo.com - April 10 at 6:52 PM |
| Perficient, Inc. (PRFT) Given "Buy" Rating at Needham & Company LLC
www.americanbankingnews.com - April 9 at 10:32 AM |
| Perficient to Announce First Quarter 2017 Results, Host Conference Call on May 4
finance.yahoo.com - April 7 at 11:59 AM |
| Perficient, Inc. (PRFT) Rating Reiterated by Needham & Company LLC
www.americanbankingnews.com - April 2 at 10:31 PM |
| Perficient Named an Adobe Premier Partner; Perficient Digital to Present at Adobe Summit 2017
finance.yahoo.com - March 16 at 8:06 PM |
| Q4 2016 Perficient Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 1 at 5:18 AM |
 | Perficient Reports Fourth Quarter and Full-Year 2016 Results
us.rd.yahoo.com - March 1 at 5:18 AM |
| PERFICIENT 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 |
| Perficient Receives 2017 IBM Beacon Award for Outstanding Watson Solution
finance.yahoo.com - February 16 at 6:56 PM |
| Perficient Receives 2017 IBM Beacon Award for Outstanding Watson Solution
finance.yahoo.com - February 16 at 6:56 PM |
| Perficient to Present with Cedars-Sinai on Social Media Governance and with TriHealth on IBM Watson at HIMSS17
finance.yahoo.com - February 16 at 6:56 PM |
| Perficient to Present with Cedars-Sinai on Social Media Governance and with TriHealth on IBM Watson at HIMSS17
finance.yahoo.com - February 16 at 6:56 PM |
| Perficient to Announce Fourth Quarter and Full-Year 2016 Results on February 28
finance.yahoo.com - January 24 at 8:08 PM |
| 9:01 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 |
Perficient (PRFT) Chart for Thursday, June, 22, 2017
