StockNews.com began coverage on shares of Perficient (NASDAQ:PRFT – Get Free Report) in a research note issued to investors on Tuesday. The brokerage set a “sell” rating on the digital transformation consultancy’s stock.
Perficient Price Performance
Shares of PRFT opened at $75.96 on Tuesday. Perficient has a fifty-two week low of $42.51 and a fifty-two week high of $76.01. The firm’s 50-day simple moving average is $75.47 and its two-hundred day simple moving average is $70.64. The stock has a market cap of $2.67 billion, a PE ratio of 32.46, a price-to-earnings-growth ratio of 2.24 and a beta of 1.63. The company has a debt-to-equity ratio of 0.70, a quick ratio of 4.16 and a current ratio of 4.16.
Perficient (NASDAQ:PRFT – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The digital transformation consultancy reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.01). Perficient had a return on equity of 18.39% and a net margin of 8.48%. The company had revenue of $222.82 million during the quarter, compared to the consensus estimate of $223.58 million. Analysts anticipate that Perficient will post 2.83 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Perficient
About Perficient
Perficient, Inc provides digital consultancy services and solutions in the United States and internationally. It offers strategy and transformation solutions in digital strategy, technology strategy, business velocity and growth, and organizational change management; and data and intelligence solutions in the areas of analytics, artificial intelligence and machine learning, big data, business intelligence, and custom product portfolios.
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