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In the latest session, Perion Network Ltd. (NASDAQ: PERI) closed at $12.72 up 1.03% from its previous closing price of $12.59. In other words, the price has increased by $1.03 from its previous closing price. On the day, 0.66 million shares were traded. PERI stock price reached its highest trading level at $12.81 during the session, while it also had its lowest trading level at $12.33.
Ratios:
For a deeper understanding of Perion Network Ltd.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.13. For the most recent quarter (mrq), Quick Ratio is recorded 2.14 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on April 09, 2024, Downgraded its rating to Neutral and sets its target price to $13 from $35 previously.
On April 08, 2024, Lake Street Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PERI now has a Market Capitalization of 615929152 and an Enterprise Value of 150900400. As of this moment, Perion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.43, and their Forward P/E ratio for the next fiscal year is 7.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.203 whereas that against EBITDA is 1.082.
Stock Price History:
The Beta on a monthly basis for PERI is 1.37, which has changed by -0.60484624 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, PERI has reached a high of $38.02, while it has fallen to a 52-week low of $10.77. The 50-Day Moving Average of the stock is -32.64%, while the 200-Day Moving Average is calculated to be -53.42%.
Shares Statistics:
For the past three months, PERI has traded an average of 1.03M shares per day and 831450 over the past ten days. A total of 48.42M shares are outstanding, with a floating share count of 48.18M. Insiders hold about 0.51% of the company’s shares, while institutions hold 67.13% stake in the company. Shares short for PERI as of 1713139200 were 1811852 with a Short Ratio of 1.76, compared to 1710460800 on 2090361. Therefore, it implies a Short% of Shares Outstanding of 1811852 and a Short% of Float of 3.7699999999999996.
Dividends & Splits
The current Payout Ratio is 0.00% for PERI, which recently paid a dividend on 2011-03-23 with an ex-dividend date of 1300838400. Stock splits for the company last occurred on 2018-08-27 when the company split stock in a 1:3 ratio.
Earnings Estimates
The stock of Perion Network Ltd. (PERI) is currently drawing attention from 6.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $0.22 for the current quarter, with a high estimate of $0.26 and a low estimate of $0.16, while EPS last year was $0.48. The consensus estimate for the next quarter is $0.09, with high estimates of $0.13 and low estimates of $0.07.
Analysts are recommending an EPS of between $1.06 and $0.85 for the fiscal current year, implying an average EPS of $0.94. EPS for the following year is $1.57, with 6.0 analysts recommending between $3.68 and $1.07.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $156.82M this quarter.It ranges from a high estimate of $157M to a low estimate of $156.09M. As of the current estimate, Perion Network Ltd.’s year-ago sales were $145.15MFor the next quarter, 6 analysts are estimating revenue of $118.54M. There is a high estimate of $119.16M for the next quarter, whereas the lowest estimate is $117M.
A total of 6 analysts have provided revenue estimates for PERI’s current fiscal year. The highest revenue estimate was $602.02M, while the lowest revenue estimate was $590M, resulting in an average revenue estimate of $598.04M. In the same quarter a year ago, actual revenue was $743.2MBased on 6 analysts’ estimates, the company’s revenue will be $626.71M in the next fiscal year. The high estimate is $635.2M and the low estimate is $613.5M.
