Investment analysts at StockNews.com initiated coverage on shares of Perficient (NASDAQ:PRFT – Get Free Report) in a research note issued on Saturday. The firm set a “sell” rating on the digital transformation consultancy’s stock.
Perficient Trading Down 0.1 %
Shares of NASDAQ:PRFT opened at $75.48 on Friday. Perficient has a 52-week low of $42.51 and a 52-week high of $75.74. The company has a debt-to-equity ratio of 0.70, a quick ratio of 4.16 and a current ratio of 4.16. The company has a market capitalization of $2.65 billion, a P/E ratio of 32.26, a price-to-earnings-growth ratio of 1.90 and a beta of 1.64. The company has a 50-day simple moving average of $75.24 and a 200 day simple moving average of $68.58.
Perficient (NASDAQ:PRFT – Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The digital transformation consultancy reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.01). Perficient had a net margin of 8.48% and a return on equity of 18.39%. The business had revenue of $222.82 million during the quarter, compared to analyst estimates of $223.58 million. Sell-side analysts forecast that Perficient will post 3.31 earnings per share for the current year.
Institutional Inflows and Outflows
Perficient Company Profile
Perficient, Inc provides digital consultancy services and solutions in the United States and internationally. It offers strategy and transformation solutions in digital strategy, technology strategy, business velocity and growth, and organizational change management; and data and intelligence solutions in the areas of analytics, artificial intelligence and machine learning, big data, business intelligence, and custom product portfolios.
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