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After finishing at $42.99 in the prior trading day, Perficient Inc. (NASDAQ: PRFT) closed at $43.46, up 1.09%. In other words, the price has increased by $1.09 from its previous closing price. On the day, 0.54 million shares were traded. PRFT stock price reached its highest trading level at $44.05 during the session, while it also had its lowest trading level at $43.14.
Ratios:
Our goal is to gain a better understanding of PRFT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.03. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1525567616 and an Enterprise Value of 1810813696. As of this moment, Perficient’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.77, and their Forward P/E ratio for the next fiscal year is 9.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 2.80. Its current Enterprise Value per Revenue stands at 1.997 whereas that against EBITDA is 11.212.
Stock Price History:
The Beta on a monthly basis for PRFT is 1.48, which has changed by -0.37485617 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, PRFT has reached a high of $96.93, while it has fallen to a 52-week low of $42.51. The 50-Day Moving Average of the stock is -24.02%, while the 200-Day Moving Average is calculated to be -30.84%.
Shares Statistics:
The stock has traded on average 243.63K shares per day over the past 3-months and 405970 shares per day over the last 10 days, according to various share statistics. 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 96.32% stake in the company. Shares short for PRFT as of 1713139200 were 818552 with a Short Ratio of 3.36, compared to 1710460800 on 1015720. Therefore, it implies a Short% of Shares Outstanding of 818552 and a Short% of Float of 3.3099998.
Earnings Estimates
A detailed examination of Perficient Inc. (PRFT) is currently in progress, with 9.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.77 for the current quarter, with a high estimate of $0.81 and a low estimate of $0.76, while EPS last year was $1.04. The consensus estimate for the next quarter is $0.97, with high estimates of $1.01 and low estimates of $0.91.
Analysts are recommending an EPS of between $4.16 and $3.84 for the fiscal current year, implying an average EPS of $4.05. EPS for the following year is $4.54, with 9.0 analysts recommending between $4.74 and $4.21.
Revenue Estimates
9 analysts predict $215.69M in revenue for the current quarter. It ranges from a high estimate of $223M to a low estimate of $213.43M. As of the current estimate, Perficient Inc.’s year-ago sales were $231.41MFor the next quarter, 9 analysts are estimating revenue of $225.05M. There is a high estimate of $228.9M for the next quarter, whereas the lowest estimate is $223.12M.
A total of 9 analysts have provided revenue estimates for PRFT’s current fiscal year. The highest revenue estimate was $945.07M, while the lowest revenue estimate was $909.28M, resulting in an average revenue estimate of $927.86M. In the same quarter a year ago, actual revenue was $906.54MBased on 9 analysts’ estimates, the company’s revenue will be $1.01B in the next fiscal year. The high estimate is $1.05B and the low estimate is $958.95M.
