Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Perficient Inc. (NASDAQ: PRFT) closed at $42.70 down -5.30% from its previous closing price of $45.09. In other words, the price has decreased by -$5.30 from its previous closing price. On the day, 0.64 million shares were traded. PRFT stock price reached its highest trading level at $44.29 during the session, while it also had its lowest trading level at $42.51.
Ratios:
For a deeper understanding of Perficient Inc.’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 11.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.83. For the most recent quarter (mrq), Quick Ratio is recorded 4.15 and its Current Ratio is at 4.15. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.78.
On March 19, 2024, Guggenheim started tracking the stock assigning a Neutral rating and target price of $65.
Scotiabank Downgraded its Sector Outperform to Sector Perform on July 28, 2023, while the target price for the stock was maintained at $70.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 22 ’24 when Hogan Thomas J. sold 4,657 shares for $69.10 per share. The transaction valued at 321,799 led to the insider holds 188,647 shares of the business.
MARTIN PAUL E sold 2,329 shares of PRFT for $160,934 on Feb 22 ’24. The Chief Financial Officer now owns 210,313 shares after completing the transaction at $69.10 per share. On Feb 22 ’24, another insider, Sheen Kevin Thomas, who serves as the Senior Vice President of the company, sold 338 shares for $69.10 each. As a result, the insider received 23,356 and left with 26,195 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRFT now has a Market Capitalization of 1498889600 and an Enterprise Value of 1784243712. As of this moment, Perficient’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.50, and their Forward P/E ratio for the next fiscal year is 9.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 2.75. Its current Enterprise Value per Revenue stands at 1.968 whereas that against EBITDA is 11.047.
Stock Price History:
Over the past 52 weeks, PRFT has reached a high of $96.93, while it has fallen to a 52-week low of $43.39. The 50-Day Moving Average of the stock is -26.68%, while the 200-Day Moving Average is calculated to be -32.53%.
Shares Statistics:
For the past three months, PRFT has traded an average of 230.76K shares per day and 388360 over the past ten days. A total of 34.96M shares are outstanding, with a floating share count of 34.20M. Insiders hold about 2.18% of the company’s shares, while institutions hold 96.41% stake in the company. Shares short for PRFT as of 1713139200 were 818552 with a Short Ratio of 3.55, compared to 1710460800 on 1015720. Therefore, it implies a Short% of Shares Outstanding of 818552 and a Short% of Float of 3.3099998.
