Perficient Stock Intrinsic Value – AIG Sells Shares of Perficient, Inc
June 19, 2023
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American International Group Inc. (AIG) recently sold its shares of Perficient ($NASDAQ:PRFT), Inc. Perficient is a global IT consulting company that provides digital transformation solutions to the world’s largest companies. Perficient also provides AI-driven customer engagement automation, customer journey analytics, and customer data optimization. It is a recognized leader in digital strategy, customer experience, analytics and cloud solutions. This growth has been driven by its focus on developing innovative technologies and providing reliable services to its clients.
As a result of its success, AIG has decided to sell its shares of Perficient to capitalize on this growth. With AIG’s exit from the stock, Perficient will continue to be a leader in digital and cloud solutions.
Share Price
On Thursday, AIG announced that it had sold its shares of Perficient, Inc. This drove the PERFICIENT stock down, opening at $76.0 and closing at $74.1, a 2.7% decrease from last closing price of 76.2. Analysts speculate that the sell-off is largely a result of uncertainty surrounding the future of the company in the current market environment. Despite this, analysts are optimistic for a rebound in PERFICIENT’s stock in the near future. 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 Intrinsic Value
At GoodWhale, we have conducted an analysis of PERFICIENT‘s financials. After careful consideration, using our proprietary Valuation Line, we have determined that the intrinsic value of a PERFICIENT share is around $90.0. However, at the moment, PERFICIENT stock is traded at $74.1, indicating that it is undervalued by 17.6%. This presents a great opportunity for those looking to invest in PERFICIENT. The current price is a fair one, and we believe that it will continue to increase in the coming months. More…
Peers
It operates in North America, Europe, and Asia Pacific. The company offers a wide range of IT services, including cloud computing, enterprise resource planning, big data, and application development. Its competitors include Datamatics Global Services Ltd, Helios and Matheson Analytics Inc, and ECS Biztech Ltd.
– Datamatics Global Services Ltd ($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
Investing in Perficient Inc. (NASDAQ: PRFT) can be a profitable move, as evidenced by the recent sale of its shares by American International Group Inc. (NYSE: AIG). Perficient’s enterprise digital transformation capabilities are highly regarded, and it has established strategic partnerships with technology companies such as Microsoft and Adobe.
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