Perficient Stock Fair Value Calculator – Allspring Global Investments Holdings LLC Sells 993 Shares of Perficient,
July 14, 2023
☀️Trending News
This week, Allspring Global Investments Holdings LLC has disposed of 993 shares of Perficient ($NASDAQ:PRFT), Inc. (NASDAQ: PRFT) at Defense World. The company offers a range of services, such as strategy development, application modernization, customer experience, and cloud services that help organizations enhance their customer experiences and optimize their operations. It also offers customer journey mapping, content strategy and execution, digital marketing, commerce solutions, and analytics and insights to its clients. The company’s headquarters is located in St. Louis, Missouri. It is an indication that investors are taking profits on their stock and could be an indication of where the market is heading in the near future.
In addition, the sale could also signal a possible shift in the direction of Perficient, Inc. and its business strategies.
Share Price
The stock opened at $88.3 and closed at $90.3, up 2.4% from the prior closing price of 88.2. Perficient has also seen a strong demand for digital transformation services due to the current global pandemic, which has further boosted its performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Perficient. More…
| Total Revenues | Net Income | Net Margin |
| 914.36 | 104.06 | 11.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Perficient. More…
| Operations | Investing | Financing |
| 148.22 | -80.35 | -49.79 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Perficient. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 981.86 | 543.68 | 12.83 |
Key Ratios Snapshot
Some of the financial key ratios for Perficient are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.6% | 35.4% | 16.1% |
| FCF Margin | ROE | ROA |
| 15.3% | 21.7% | 9.4% |
Analysis – Perficient Stock Fair Value Calculator
At GoodWhale, we recently conducted an analysis of PERFICIENT‘s wellbeing. Through our proprietary Valuation Line, we calculated the fair value of PERFICIENT’s stock to be around $90.7. This price aligns quite nicely with the current market price of $90.3, indicating that PERFICIENT stock is currently trading at a fair value. We believe this is a testament to PERFICIENT’s strong financials and sound corporate governance. More…
Peers
It operates in North America, Europe, and Asia Pacific. The company offers a wide range of IT services, including cloud computing, enterprise resource planning, big data, and application development. Its competitors include Datamatics Global Services Ltd, Helios and Matheson Analytics Inc, and ECS Biztech Ltd.
– Datamatics Global Services Ltd ($BSE:532528)
Datamatics Global Services Ltd is a leading provider of data and analytics solutions. The company has a market cap of 18.07B as of 2022 and a return on equity of 14.41%. The company helps its clients to make better decisions by providing them with insights into their businesses. The company’s services include data mining, data analysis, and data visualization. The company has a strong team of data scientists who help their clients to understand their data and make better decisions.
– Helios and Matheson Analytics Inc ($OTCPK:HMNY)
Helios and Matheson Analytics Inc is a provider of information technology services and products. The company has a market cap of 7.01M and a ROE of -58.88%. The company offers a range of services including data analytics, software development, and consulting. The company has a strong focus on the healthcare industry and has a range of products that are designed to help healthcare organizations make better decisions.
– ECS Biztech Ltd ($BSE:540063)
ECS Biztech Ltd is a publicly traded company with a market capitalization of 140.19M as of 2022. The company has a Return on Equity of -1.38%. ECS Biztech Ltd is engaged in the business of providing Information Technology services. The company offers a range of services including software development, web development, e-commerce solutions, and mobile application development.
Summary
Perficient, Inc. has seen a recent selloff of 993 shares by Allspring Global Investments Holdings LLC. Given the uncertain macroeconomic environment, investors may be concerned about the outlook for Perficient’s performance over the coming months. Analysts are currently recommending a “hold” rating on the stock, indicating that it is expected to largely remain within its trading range over the short-term.
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