NasdaqGS:PRFT

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Executive Summary

Perficient, Inc. provides digital consultancy services and solutions in the United States. More Details


Snowflake Analysis

Solid track record with adequate balance sheet.


Similar Companies

Share Price & News

How has Perficient's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PRFT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.9%

PRFT

-1.3%

US IT

-0.8%

US Market


1 Year Return

14.5%

PRFT

27.3%

US IT

18.0%

US Market

Return vs Industry: PRFT underperformed the US IT industry which returned 30.5% over the past year.

Return vs Market: PRFT underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

PRFTIndustryMarket
7 Day-1.9%-1.3%-0.8%
30 Day3.7%4.0%6.8%
90 Day21.9%6.7%8.9%
1 Year14.5%14.5%28.6%27.3%20.7%18.0%
3 Year127.5%127.5%90.0%82.6%41.5%32.1%
5 Year161.8%161.8%151.5%131.4%84.6%63.8%

Price Volatility Vs. Market

How volatile is Perficient's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Perficient undervalued compared to its fair value and its price relative to the market?

10.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PRFT ($44.14) is trading below our estimate of fair value ($49.14)

Significantly Below Fair Value: PRFT is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PRFT is poor value based on its PE Ratio (37.5x) compared to the US IT industry average (32.6x).

PE vs Market: PRFT is poor value based on its PE Ratio (37.5x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: PRFT is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: PRFT is good value based on its PB Ratio (3.5x) compared to the US IT industry average (3.7x).


Next Steps

Future Growth

How is Perficient forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

27.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRFT's forecast earnings growth (27.1% per year) is above the savings rate (2.2%).

Earnings vs Market: PRFT's earnings (27.1% per year) are forecast to grow faster than the US market (22% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PRFT's revenue (8.5% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: PRFT's revenue (8.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PRFT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Perficient performed over the past 5 years?

11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRFT has high quality earnings.

Growing Profit Margin: PRFT's current net profit margins (6.4%) are higher than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: PRFT's earnings have grown by 11.9% per year over the past 5 years.

Accelerating Growth: PRFT's earnings growth over the past year (26.5%) exceeds its 5-year average (11.9% per year).

Earnings vs Industry: PRFT earnings growth over the past year (26.5%) exceeded the IT industry 8.1%.


Return on Equity

High ROE: PRFT's Return on Equity (9.1%) is considered low.


Next Steps

Financial Health

How is Perficient's financial position?


Financial Position Analysis

Short Term Liabilities: PRFT's short term assets ($159.4M) exceed its short term liabilities ($97.2M).

Long Term Liabilities: PRFT's short term assets ($159.4M) do not cover its long term liabilities ($208.2M).


Debt to Equity History and Analysis

Debt Level: PRFT's debt to equity ratio (33.9%) is considered satisfactory.

Reducing Debt: PRFT's debt to equity ratio has increased from 18.4% to 33.9% over the past 5 years.

Debt Coverage: PRFT's debt is well covered by operating cash flow (65.9%).

Interest Coverage: PRFT's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


Next Steps

Dividend

What is Perficient current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PRFT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PRFT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PRFT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PRFT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRFT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

  • Explore strong dividend paying companies in the Software industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Jeff Davis (56 yo)

11.08yrs

Tenure

US$5,968,610

Compensation

Mr. Jeffrey S. Davis, also known as Jeff, has been the Chief Executive Officer of Perficient, Inc. since September 1, 2009 and has been its President since 2004. Mr. Davis served as Chief Operating Officer ...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD5.97M) is above average for companies of similar size in the US market ($USD4.48M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Davis
Chairman11.08yrsUS$5.97m1.34%
$ 19.6m
Paul Martin
CFO, Treasurer & Secretary14.17yrsUS$1.95m0.46%
$ 6.7m
Thomas Hogan
Chief Operating Officer1.92yrsUS$2.31m0.24%
$ 3.5m
Bill Davis
Vice President of Marketingno datano datano data
Connor Stieferman
Communications Managerno datano datano data
Patrick Schwierking
Vice President of Sales3.25yrsno datano data
Pawan Gupta
Principal & MD of Order Management & Commerce Solutionsno datano datano data
Susan Adomite
VP & Controller2yrsno datano data

3.3yrs

Average Tenure

56yo

Average Age

Experienced Management: PRFT's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Davis
Chairman11.08yrsUS$5.97m1.34%
$ 19.6m
David Lundeen
Independent Lead Director0.42yrUS$101.25k0.13%
$ 1.8m
Ralph Derrickson
Independent Director16.25yrsUS$109.00k0.12%
$ 1.7m
Nancy Pechloff
Independent Director0.25yrno data0.0083%
$ 121.5k
James Kackley
Independent Director9.83yrsUS$112.25k0.094%
$ 1.4m
Gary Wimberly
Independent Director2.42yrsUS$110.25k0.059%
$ 872.9k
Brian Matthews
Independent Director3.5yrsUS$85.25k0.028%
$ 414.3k

3.5yrs

Average Tenure

61yo

Average Age

Experienced Board: PRFT's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Perficient, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Perficient, Inc.
  • Ticker: PRFT
  • Exchange: NasdaqGS
  • Founded: 1997
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$1.468b
  • Shares outstanding: 33.25m
  • Website: https://www.perficient.com

Number of Employees


Location

  • Perficient, Inc.
  • 555 Maryville University Drive
  • Suite 600
  • St. Louis
  • Missouri
  • 63141
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRFTNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 1999
PFSDB (Deutsche Boerse AG)YesCommon StockDEEURJul 1999

Biography

Perficient, Inc. provides digital consultancy services and solutions in the United States. Its solutions include portals and collaboration, such as searchable data systems, collaborative systems for proces ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 23:44
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.