Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Perficient Inc.’s stock clocked out at $73.58, up 0.04% from its previous closing price of $73.55. In other words, the price has increased by $0.04 from its previous closing price. On the day, 0.59 million shares were traded. PRFT stock price reached its highest trading level at $73.63 during the session, while it also had its lowest trading level at $73.44.
Ratios:
To gain a deeper understanding of PRFT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.93. For the most recent quarter (mrq), Quick Ratio is recorded 4.18 and its Current Ratio is at 4.18. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.75.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2587102208 and an Enterprise Value of 2890370048. As of this moment, Perficient’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.48, and their Forward P/E ratio for the next fiscal year is 16.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.91 while its Price-to-Book (P/B) ratio in mrq is 4.58. Its current Enterprise Value per Revenue stands at 3.246 whereas that against EBITDA is 20.317.
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 $42.51. The 50-Day Moving Average of the stock is 32.99%, while the 200-Day Moving Average is calculated to be 19.88%.
Shares Statistics:
It appears that PRFT traded 569.57K shares on average per day over the past three months and 2209740 shares per day over the past ten days. A total of 35.16M shares are outstanding, with a floating share count of 34.38M. Insiders hold about 2.19% of the company’s shares, while institutions hold 96.01% stake in the company. Shares short for PRFT as of 1713139200 were 818552 with a Short Ratio of 1.44, compared to 1710460800 on 1015720. Therefore, it implies a Short% of Shares Outstanding of 818552 and a Short% of Float of 3.3099998.
