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.
PRFT was given price targets by several analysts. The maximum price target given was 22, which equates to a potential upside of 17.46 percent. The most pessimistic analyst gave a price target of 20, implying a possible loss 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -9 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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 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.