Perficient Inc (PRFT) Forecast, Price Target & Analyst Ratings
NASDAQ:PRFT • US71375U1016
75.96 USD
+0.48 (+0.64%)
At close: Oct 1, 2024
75.96 USD
0 (0%)
After Hours: 10/1/2024, 8:00:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Perficient Inc (PRFT).
Forecast Snapshot
Consensus Price Target
$75.28
-0.90% Downside
Next Earnings Forecast
Release DateOct 24, 2024
PeriodQ3 / 2024
EPS Estimate$1.04
Revenue Estimate234.85M
ChartMill Buy Consensus
52.31%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$75.28
Upside
-0.90%
From current price of $75.96 to mean target of $75.28, Based on 13 analyst forecasts
Low
$65.65
Median
$77.52
High
$79.80
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
13 Wall Street analysts provided a forecast for the next 12 months for PRFT. The average price target is 75.28 USD. This implies a price decrease of -0.9% is expected in the next year compared to the current price of 75.96.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
52.31%
PRFT was analyzed by 13 analysts. The buy percentage consensus is at 52. So analysts seem to be rather neutral about PRFT.
In the previous month the buy percentage consensus was at a similar level.
PRFT was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-05-07 | Barrington Research | Downgrade | Outperform -> Market Perform |
| 2024-05-07 | Alliance Global Partners | Downgrade | Buy -> Neutral |
| 2024-05-07 | Maxim Group | Downgrade | Buy -> Hold |
| 2024-05-06 | William Blair | Downgrade | Outperform -> Market Perform |
| 2024-05-06 | ScotiaBank | Maintains | Sector Perform -> Sector Perform |
| 2024-05-06 | Needham | Downgrade | Buy -> Hold |
| 2024-05-02 | JP Morgan | Maintains | Neutral -> Neutral |
| 2024-04-29 | Barrington Research | Maintains | Outperform -> Outperform |
| 2024-04-29 | ScotiaBank | Maintains | Sector Perform -> Sector Perform |
| 2024-04-23 | Alliance Global Partners | Upgrade | Neutral -> Buy |
| 2024-03-19 | Guggenheim | Initiate | Neutral |
| 2024-02-28 | Barrington Research | Reiterate | Outperform -> Outperform |
| 2024-02-28 | ScotiaBank | Maintains | Sector Perform -> Sector Perform |
| 2024-02-28 | JP Morgan | Maintains | Neutral -> Neutral |
| 2023-10-31 | Needham | Maintains | Buy -> Buy |
| 2023-07-31 | ScotiaBank | Downgrade | Sector Outperform -> Sector Perform |
| 2023-07-28 | Barrington Research | Maintains | Outperform -> Outperform |
| 2023-07-28 | ScotiaBank | Downgrade | Sector Outperform -> Sector Perform |
| 2023-07-28 | Needham | Reiterate | Buy -> Buy |
| 2023-07-28 | JP Morgan | Downgrade | Overweight -> Neutral |
| 2023-05-19 | Barrington Research | Reiterate | Outperform -> Outperform |
| 2023-05-03 | Needham | Reiterate | Buy |
| 2023-05-03 | Morgan Stanley | Maintains | Equal-Weight |
| 2023-04-17 | Barrington Research | Reiterate | Outperform |
| 2023-03-01 | Needham | Maintains | Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateOct 24, 2024
PeriodQ3 / 2024
EPS Estimate$1.04
Revenue Estimate234.85M
Revenue Q2Q5.20%
EPS Q2Q12.81%
Number of Analysts11
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-3.03%
EPS (1 Month)
0.00%
EPS (3 Months)
-4.22%
Next Earnings Summary
PRFT is expected to report earnings on 10/24/2024. The consensus EPS estimate for the next earnings is 1.04 USD and the consensus revenue estimate is 234.85M USD.
The next earnings revenue estimate has been revised downward by 3.03% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 761M 24.33% | 905.1M 18.94% | 906.541M 0.16% | 921.97M 1.70% | 974.75M 5.72% | 1.025B 5.16% | |
| EBITDA YoY % growth | 139.6M 60.09% | 181M 29.66% | 167.946M -7.21% | 184.67M 9.96% | 202.56M 9.69% | 213.36M 5.33% | |
| EBIT YoY % growth | 109.7M 86.25% | 148M 34.91% | 138.346M -6.52% | 132.29M -4.38% | 156.3M 18.15% | 170.49M 9.08% | |
| Operating Margin | 14.42% | 16.35% | 15.26% | 14.35% | 16.03% | 16.63% | |
| EPS YoY % growth | 3.47 38.25% | 4.29 23.63% | 3.95 -7.93% | 3.87 -2.00% | 4.22 8.96% | 4.46 5.76% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 1.04 12.81% | 1.16 17.24% | 0.93 21.18% | 1.05 14.57% | 1.13 8.97% | 1.17 0.94% | 0.95 1.66% | 0.96 -9.04% | 1.00 -11.62% | 1.01 -13.81% |
| Revenue Q2Q % growth | 234.85M 5.20% | 251.25M 13.80% | 238.79M 10.91% | 246.9M 10.81% | 255.93M 8.98% | 260.71M 3.77% | 242.65M 1.62% | 255.47M 3.47% | 263.2M 2.84% | 264.08M 1.29% |
| EBITDA Q2Q % growth | 50.408M -9.66% | 55.272M -11.39% | 43.688M 82.10% | 50.451M 15.13% | 53.712M 6.55% | 54.691M -1.05% | 47.185M 8.00% | 47.756M -5.34% | 49.858M -7.18% | 50.694M -7.31% |
| EBIT Q2Q % growth | 37.433M 14.47% | 42.802M 30.57% | 26.54M 55.26% | 37.728M 24.84% | 41.441M 10.71% | 42.297M -1.18% | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
4.14%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
3.39%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
14.36%
EBIT Next 5 Year
N/A
Perficient Inc / PRFT Forecast FAQ
What do analysts expect the price target to be for Perficient Inc (PRFT)?
13 analysts have analysed PRFT and the average price target is 75.28 USD. This implies a price decrease of -0.9% is expected in the next year compared to the current price of 75.96.
When does Perficient Inc (PRFT) report earnings?
Perficient Inc (PRFT) will report earnings on 2024-10-24, after the market close.
What are the consensus estimates for Perficient Inc (PRFT) next earnings?
The consensus EPS estimate for the next earnings of Perficient Inc (PRFT) is 1.04 USD and the consensus revenue estimate is 234.85M USD.
What is the expected long term growth rate for PRFT stock?
The expected long term growth rate for Perficient Inc (PRFT) is 3.39%.