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.
Investment analysts gave a few price targets for PRFT. The maximum price target given was 22, implying potential capital gains of 17.46 percent. The minimum price target given was 20, implying potential capital losses of 6.78 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -9 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.04 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.45 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PRFT to grow at a rate of 81.37 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 32.37 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.