Perficient (NASDAQ: PRFT) has recently received a number of price target changes and ratings updates:

  • 9/13/2017 – Perficient was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $21.00 price target on the stock. According to Zacks, “PERFICIENT INC helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems. “
  • 9/12/2017 – Perficient was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “PERFICIENT INC helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems. “
  • 9/5/2017 – Perficient was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $20.00 price target on the stock. According to Zacks, “PERFICIENT INC helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems. “
  • 9/1/2017 – Perficient was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “PERFICIENT INC helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems. “
  • 8/30/2017 – Perficient was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $20.00 price target on the stock. According to Zacks, “PERFICIENT INC helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems. “
  • 8/23/2017 – Perficient was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/11/2017 – Perficient was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “PERFICIENT INC helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems. “
  • 8/3/2017 – Perficient was given a new $20.00 price target on by analysts at Maxim Group. They now have a “buy” rating on the stock.

Shares of Perficient, Inc. (NASDAQ:PRFT) opened at 18.25 on Friday. Perficient, Inc. has a 52-week low of $14.15 and a 52-week high of $20.33. The firm has a market capitalization of $640.89 million, a price-to-earnings ratio of 44.30 and a beta of 0.91. The firm has a 50-day moving average of $17.95 and a 200 day moving average of $17.68.

Perficient (NASDAQ:PRFT) last issued its quarterly earnings data on Thursday, August 3rd. The information technology services provider reported $0.29 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.29. The company had revenue of $117.00 million for the quarter, compared to analyst estimates of $119.21 million. Perficient had a net margin of 3.08% and a return on equity of 7.42%. The company’s revenue was down 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 earnings per share. Analysts predict that Perficient, Inc. will post $1.23 EPS for the current year.

In related news, Director Ralph C. Derrickson sold 7,900 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $17.64, for a total transaction of $139,356.00. Following the transaction, the director now directly owns 32,747 shares of the company’s stock, valued at $577,657.08. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.70% of the stock is currently owned by company insiders.

Perficient, Inc is an information technology and management consulting firm. The Company’s solutions include business intelligence and analytics, commerce, content management, custom applications, platform implementations, portals and collaboration, business integration and application program interfaces, management consulting, business process management, and customer relationship management, among others.

Receive News & Ratings for Perficient Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perficient Inc and related companies with MarketBeat.com's FREE daily email newsletter.