Analyst Ratings for Perficient Inc. (PRFT)Updated: 2017-07-28
Perficient Inc. (NASDAQ:PRFT) was awarded an average rating of Buy from investment analysts following the stock. Last month, PRFT received an average rating of Buy.
Of the 4 analysts covering the stock, 4 gave it a buy rating, 0 issued an overweight rating, 0 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for PRFT by the analysts covering the stock. The maximum price target given was 22, which equates to a potential upside of 17.46 percent. The minimum price target given was 20, implying a possible loss of 6.78 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -9 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.04 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.45 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of PRFT's earnings is estimated by analysts to be 81.37 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PRFT is 0.44.
PRFT has a 52-week high of 22.66 and a 52-week low of 14.15. Currently the stock is 32.37 percent higher than its low, and 17.34 percent lower than its 52-week high. PRFT has a P/E ratio of 36.02. Investors typically compare the P/E ratio to a company's peers in the industry. The PRFT value stock report compares PRFT to some of its peers using value stock charts. The stock has a market capitalization of $0.66811 billion. PRFT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.