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
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:PRFT
Previous Symbol
CUSIP71375U10
Phone314-529-3600
Debt
Debt-to-Equity Ratio0.34
Current Ratio2.93
Quick Ratio2.93
Price-To-Earnings
Trailing P/E Ratio24.94
Forward P/E Ratio20.25
P/E Growth1.52
Sales & Book Value
Annual Sales$485.26 million
Price / Sales1.62
Cash Flow$1.4177 per share
Price / Cash16.71
Book Value$10.49 per share
Price / Book2.26
Profitability
EPS (Most Recent Fiscal Year)$0.95
Net Income$18.58 million
Net Margins4.70%
Return on Equity10.69%
Return on Assets7.67%
Miscellaneous
Employees3,024
Outstanding Shares33,180,000
Market Cap$826.56 million
OptionableOptionable
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 has approved a stock repurchase plan on Friday, March 2nd 2018, which permits the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
How were Perficient's earnings last quarter?
Perficient, Inc. (NASDAQ:PRFT) announced its quarterly earnings results on Thursday, November, 1st. The digital transformation consultancy reported $0.41 EPS for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.11. The digital transformation consultancy earned $123.90 million during the quarter, compared to the consensus estimate of $124.91 million. Perficient had a return on equity of 10.69% and a net margin of 4.70%. The firm's quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the firm earned $0.34 EPS. View Perficient's Earnings History.
When is Perficient's next earnings date?
What guidance has Perficient issued on next quarter's earnings?
Perficient updated its FY 2018 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $1.52-1.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.50. The company issued revenue guidance of $492-498 million, compared to the consensus revenue estimate of $497.57 million.Perficient also updated its Q4 guidance to $0.39-0.42 EPS.
What price target have analysts set for PRFT?
5 brokerages have issued 12 month target prices for Perficient's stock. Their forecasts range from $30.00 to $34.00. On average, they expect Perficient's stock price to reach $31.60 in the next year. This suggests a possible upside of 33.4% from the stock's current price. View Analyst Price Targets for Perficient.
What is the consensus analysts' recommendation for Perficient?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Perficient in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (11/8/2018)
- 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)
Has Perficient been receiving favorable news coverage?
Press coverage about PRFT stock has been trending somewhat positive this week, according to InfoTrie. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Perficient earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave headlines about the digital transformation consultancy a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the company's share price in the next several days.
Who are some of Perficient's key competitors?
Some companies that are related to Perficient include Sogou (SOGO), Endava (DAVA), Virtusa (VRTU), Luxoft (LXFT), PROS (PRO), Glu Mobile (GLUU), AGM Group (AGMH), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), RealNetworks (RNWK), Perion Network (PERI) and Computer Task Group (CTG).
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. Eric Roch, CTO and Chief Strategist of IT Modernization & Integration
- Mr. Bill Davis, VP of Marketing and Communications
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. (15.29%), Dimensional Fund Advisors LP (7.10%), JPMorgan Chase & Co. (2.38%), JPMorgan Chase & Co. (2.50%), Russell Investments Group Ltd. (1.28%) and Bank of New York Mellon Corp (1.34%). 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 Teachers Advisors LLC, Royce & Associates LP, TIAA CREF Investment Management LLC, Morgan Stanley, Algert Global LLC, GSA Capital Partners LLP, Man Group plc and Rice Hall James & Associates LLC. Company insiders that have sold Perficient company stock in the last year include James R Kackley, Jeffrey S Davis, Kathryn J Henely and Paul E Martin. View Insider Buying and Selling for Perficient.
Which major investors are buying Perficient stock?
PRFT stock was purchased by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Assenagon Asset Management S.A., BlackRock Inc., ClariVest Asset Management LLC, Highbridge Capital Management LLC, AQR Capital Management LLC, Schroder Investment Management Group and Renaissance Technologies LLC. Company insiders that have bought Perficient stock in the last two years include Gary Wimberly and James R Kackley. 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 $23.69.
How big of a company is Perficient?
Perficient has a market capitalization of $826.56 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.
What is Perficient's official website?
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 314-529-3600.
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 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.
