Perficient, Inc. provides information technology and management consulting services in the United States. The company designs, builds, and delivers solutions using middleware software products developed by third-party vendors. Its solutions include portals and collaboration, such as searchable data systems, collaborative systems for process improvement, transaction processing, unified and extended reporting, and other services; and platform implementations services, including application server selection, architecture planning, installation and configuration, clustering for availability, performance assessment and issue remediation, security, and technology migrations. The company also offers management consulting services in the areas of organizational change management, business analytics, project management, process excellence, and other; and cloud services comprising architecture, business value and health checks assessments, strategy and road maps, and vendor evaluation and selection services. In addition, it provides product configuration digital marketing services, including search engine marketing, user experience and design, and conversion rate optimization; commerce solutions; and content management solutions. Further, the company offers business analytics; custom applications; business integration; business process management; customer relationship management; enterprise data and business intelligence; enterprise performance management; DevOps; and enterprise mobile solutions. It serves the healthcare, financial services, automotive and transport products, retail and consumer goods, manufacturing, electronics and computer hardware, telecommunications, business services and leisure, media and entertainment, and energy and utilities markets. Perficient, Inc. was founded in 1997 and is headquartered in St. Louis, Missouri.
Industry, Sector and Symbol
Industry Custom computer programming services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
SymbolNASDAQ:PRFT
CUSIP71375U10
Phone31-40-529-3600
Debt
Debt-to-Equity Ratio0.15
Current Ratio2.72
Quick Ratio2.72
Price-To-Earnings
Trailing P/E Ratio28.44
Forward P/E Ratio23.50
P/E GrowthN/A
Sales & Book Value
Annual Sales$485.26 million
Price / Sales1.95
Cash Flow$1.4912 per share
Price / Cash18.12
Book Value$10.49 per share
Price / Book2.58
Profitability
EPS (Most Recent Fiscal Year)$0.95
Net Income$18.58 million
Net Margins4.20%
Return on Equity9.70%
Return on Assets7.20%
Miscellaneous
Employees3,024
Outstanding Shares35,060,000
Perficient (NASDAQ:PRFT) Frequently Asked Questions
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 Friday, March 2nd 2018, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.
How were Perficient's earnings last quarter?
Perficient, Inc. (NASDAQ:PRFT) posted its quarterly earnings data on Tuesday, May, 1st. The digital transformation consultancy reported $0.35 EPS for the quarter, beating the Thomson Reuters' consensus estimate 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%. Perficient's revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.24 EPS. View Perficient's Earnings History.
What guidance has Perficient issued on next quarter's earnings?
Perficient updated its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share guidance of $1.44-1.54 for the period, compared to the Thomson Reuters consensus EPS 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.
What price target have analysts set for PRFT?
3 brokerages have issued twelve-month target prices for Perficient's shares. Their predictions range from $25.00 to $27.00. On average, they anticipate Perficient's share price to reach $26.00 in the next twelve months. View Analyst Ratings for Perficient.
What are Wall Street analysts saying about Perficient stock?
Here are some recent quotes from research analysts about Perficient stock:
- 1. According to Zacks Investment Research, "Perficient is the leading digital transformation consulting firm with unparalleled information technology, management consulting, and creative capabilities, Perficient and its Perficient Digital agency deliver vision, execution, and value with outstanding digital experience, business optimization, and industry solutions. Their work enables clients to improve productivity and competitiveness; grow and strengthen relationships with customers, suppliers, and partners; and reduce costs. Its solutions include big data and analytics, technology platform implementations, commerce, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, business process management, and customer relationship management, among others. " (5/5/2018)
- 2. Maxim Group analysts commented, "PRFT recently announced the acquisition of Southport Services Group, a privately-owned MicroStrategy consultancy with $17 million in annual revenue. The deal is expected to be accretive to adjusted EPS immediately." (4/11/2018)
Who are some of Perficient's key competitors?
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), AGM Group (AGMH), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), RealNetworks (RNWK), Computer Task Group (CTG) and Perion Network Ltd Common Stock (PERI).
Who are Perficient's key executives?
Perficient's management team includes the folowing people:
- Mr. Jeffrey S. Davis, Pres, CEO & Chairman (Age 54)
- Mr. Paul E. Martin, CFO, Treasurer & Sec. (Age 57)
- Ms. Kathryn J. Henely, Chief Operating Officer (Age 54)
- Mr. Bill Davis, VP of Marketing and Communications
- Mr. Patrick Schwierking, VP of Sales
Has Perficient been receiving favorable news coverage?
Press coverage about PRFT stock has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Perficient earned a news sentiment score of 0.15 on Accern's scale. They also gave media stories about the digital transformation consultancy an impact score of 46.21 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Perficient's major shareholders?
Perficient's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.79%), Dimensional Fund Advisors LP (6.86%), Royal Bank of Canada (2.73%), JPMorgan Chase & Co. (2.54%), Millennium Management LLC (1.73%) and Russell Investments Group Ltd. (1.26%). 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.
Which major investors are selling Perficient stock?
PRFT stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, JPMorgan Chase & Co., Comerica Bank, Millrace Asset Group Inc., GSA Capital Partners LLP, Citigroup Inc., Royal Bank of Canada and Boston Partners. 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.
Which major investors are buying Perficient stock?
PRFT stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Intrinsic Edge Capital Management LLC, Dimensional Fund Advisors LP, Algert Global LLC, Barclays PLC, EAM Global Investors LLC, ClariVest Asset Management LLC and Russell Investments Group Ltd.. 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.
How do I buy shares of 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.
What is Perficient's stock price today?
One share of PRFT stock can currently be purchased for approximately $27.02.
How big of a company is Perficient?
Perficient has a market capitalization of $947.27 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.
How can I contact Perficient?
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.
MarketBeat Community Rating for Perficient (PRFT)
MarketBeat's community ratings are surveys of what our community members think about Perficient and other stocks. Vote "Outperform" if you believe PRFT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRFT will underperform the S&P 500 over the long term. You may vote once every thirty days.
