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 maximum price target given was 22, which equates to a potential upside of 17.46 percent. The most pessimistic price target was 20, which equates to a potential downside of 6.78 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -9 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.04 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.45 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. 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.
PRFT has an estimated earnings growth rate of 81.37 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, 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 a 52-week high of 22.66 and a 52-week low of 14.15. Today's price is 32.37 percent above the 52-week low, and below the high by 17.34 percent. PRFT has a price/earnings 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.