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.
A number of analysts gave price targets for PRFT. The most optimistic price target was 22, which equates to a potential upside of 17.46 percent. The minimum price target given was 20, implying potential capital losses of 6.78 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. Over the past 30 days, FY earnings estimates have also changed downwards by -1.04 percent. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of PRFT to grow at a rate of 81.37 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PRFT has a PEG ratio of 0.44.
PRFT has traded between a high of 22.66 and a low of 14.15 over the past year. 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.