Credit Suisse AG Invests in Perficient,
December 25, 2022
Trending News ☀️
Perficient Stock Fair Value – The company is a leader in providing digital solutions through a combination of strategy, consulting, technology, and managed services for large enterprises and government organizations. Recently, it was announced that Credit Suisse AG has purchased shares of Perficient ($NASDAQ:PRFT), Inc. This move by one of the world’s largest investment banks reflects their confidence in the company’s future prospects. By investing in Perficient, Credit Suisse AG is looking to capitalize on the increasing demand for digital transformation services and solutions. The investment by Credit Suisse AG will help Perficient to expand its presence in the global market and to strengthen its core capabilities.
It will also provide the company with additional funds to invest in research and development, which will enable them to stay ahead of the competition and offer innovative solutions to their clients. With the backing of one of the world’s leading financial institutions, Perficient is now well-positioned to further its mission of helping its customers succeed in their digital transformation journey. The investment by Credit Suisse AG is a testament to the confidence that international investors have in the potential of this company and its ability to deliver digital solutions that help businesses achieve success.
Stock Price
On Tuesday, news broke that Credit Suisse AG had invested in Perficient, Inc., an American IT consulting firm. The news was met with a positive reception from the investing community, as PERFICIENT’s stock opened at $76.6 and closed at $75.5, up 3.3% from the prior closing price of 73.2. Perficient provides digital transformation services such as cloud, commerce and customer experience, analytics, digital marketing, and application modernization. The Credit Suisse AG investment is seen as a vote of confidence in the quality of their services and the potential for growth. PERFICIENT has been expanding rapidly over the past few years and this investment could be a major catalyst for future growth. It is expected to help the company to gain access to new markets, acquire the latest technology, and further enhance their offerings, which would lead to higher revenue.
The investment is also likely to strengthen the company’s balance sheet and provide new opportunities for capital expenditure. This should enable PERFICIENT to invest in new projects, hire new talent, and expand their reach even further. Overall, the Credit Suisse AG investment in PERFICIENT is a great news for the company and its investors. It will open new doors for growth and give the company the resources it needs to reach even greater heights. 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 |
| 887.19 | 82.46 | 12.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Perficient. More…
| Operations | Investing | Financing |
| 118.22 | -149.94 | -2.28 |
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 |
| 948.74 | 564.47 | 11.32 |
Key Ratios Snapshot
Some of the financial key ratios for Perficient are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.1% | 40.2% | 12.3% |
| FCF Margin | ROE | ROA |
| 12.1% | 18.2% | 7.2% |
VI Analysis – Perficient Stock Fair Value
PERFICIENT stock is currently trading around $75.5, which is 12% lower than its fair value of $85.7 estimated by VI Line. This represents a great opportunity for investors to buy the stock at a discounted price. The fair value estimation is based on the company’s fundamentals, which reflect its long term potential. The company has a strong balance sheet with a healthy cash position, solid revenue growth over the past few years, and a low debt-to-equity ratio. Furthermore, PERFICIENT has a highly profitable business model and a diversified portfolio of services and products. Moreover, the company’s management team has proven to be capable of making prudent decisions and executing strategies effectively. All these factors make PERFICIENT an attractive investment option with excellent long term growth potential. More…
VI Peers
It operates in North America, Europe, and Asia Pacific. The company offers a wide range of IT services, including cloud computing, enterprise resource planning, big data, and application development. Its competitors include Datamatics Global Services Ltd, Helios and Matheson Analytics Inc, and ECS Biztech Ltd.
– Datamatics Global Services Ltd ($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. is a wise move for Credit Suisse AG, as the company has a long history of providing high-quality services and solutions in the information technology industry. Perficient has developed a reputation for developing innovative products and services that can help businesses grow and succeed. The company has been a leader in the industry for over two decades, and has earned a great reputation among its clients, who often praise the quality of the products and services they receive. Perficient has also been successful in achieving numerous awards and recognitions for its work. Furthermore, it has also been recognized by Gartner as a leader in various markets such as cloud computing, analytics, and customer experience management. The company’s success is reflected in its stock price, which has moved up significantly since Credit Suisse AG invested in it. This is likely due to the fact that investors are confident in Perficient’s ability to continue providing excellent products and services.
This confidence is shared by the company’s management team, which has consistently demonstrated an ability to adapt to changing market conditions and provide innovative solutions to meet customer needs. In addition to its impressive track record, Perficient also offers a wide range of services to its clients, including customized software development, cloud infrastructure, data analytics, and customer experience management. These services are designed to help businesses improve their operations, become more efficient, and improve customer satisfaction. This combination of services and expertise makes it an attractive investment for Credit Suisse AG. The company’s long history of success, as well as its current portfolio of products and services make it an ideal choice for investors who are looking to make a solid long-term investment. With its strong financials and track record of success, investors can be sure that their investments in Perficient will yield positive returns in the future.
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