NasdaqGS:PRFT

Stock Analysis Report

Executive Summary

Perficient, Inc. provides information technology and management consulting services in the United States.

Snowflake

Fundamentals

Proven 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


Market Performance


7 Day Return

3.5%

NasdaqGS:PRFT

1.2%

US IT

0.9%

US Market


1 Year Return

32.8%

NasdaqGS:PRFT

22.4%

US IT

0.3%

US Market

PRFT outperformed the IT industry which returned 21.2% over the past year.

PRFT outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

PRFTIndustryMarket
7 Day3.5%1.2%0.9%
30 Day2.3%-1.0%-1.9%
90 Day14.3%7.0%1.6%
1 Year32.8%32.8%23.8%22.4%2.6%0.3%
3 Year79.7%79.7%99.8%91.3%41.0%31.8%
5 Year111.6%111.6%141.6%117.2%55.2%38.0%

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 based on future cash flows and its price relative to the stock market?

7%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Perficient's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Perficient's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Perficient is overvalued based on earnings compared to the US IT industry average.

Perficient is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Perficient is poor value based on expected growth next year.


Price Based on Value of Assets

Perficient is good value based on assets compared to the US IT industry average.


Next Steps

Future Growth

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

14.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Perficient's revenue is expected to grow by 7.9% yearly, however this is not considered high growth (20% yearly).

Perficient's earnings are expected to grow by 14.1% yearly, however this is not considered high growth (20% yearly).

Perficient's revenue growth is expected to exceed the United States of America market average.

Perficient's earnings growth is expected to exceed the United States of America market average.

Perficient's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Perficient is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Perficient performed over the past 5 years?

1.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Perficient's year on year earnings growth rate has been positive over the past 5 years.

Perficient's 1-year earnings growth exceeds its 5-year average (21% vs 1.2%)

Perficient's earnings growth has exceeded the US IT industry average in the past year (21% vs 9.8%).


Return on Equity

Perficient has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Perficient used its assets more efficiently than the US IT industry average last year based on Return on Assets.


Return on Capital Employed

Perficient's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Perficient's financial position?


Financial Position Analysis

Perficient is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Perficient's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Perficient's level of debt (34.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (24.5% vs 34.1% today).

Debt is well covered by operating cash flow (51.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 7.4x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.4x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Perficient's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Perficient's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Perficient has not reported any payouts.

Unable to verify if Perficient's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Perficient has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Perficient's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Jeff Davis (55yo)

9.9yrs

Tenure

US$5,154,291

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

Jeff's remuneration is higher than average for companies of similar size in United States of America.

Jeff's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.1yrs

Average Tenure

55yo

Average Age

The tenure for the Perficient management team is about average.


Board Age and Tenure

2.5yrs

Average Tenure

58.5yo

Average Age

The average tenure for the Perficient board of directors is less than 3 years, this suggests a new board.


Insider Trading

Perficient individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$281,84009 Aug 19
James Kackley
EntityIndividual
Role
Lead Director
Lead Director
Shares7,928
Max PriceUS$35.59
BuyUS$24,84814 Mar 19
Gary Wimberly
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares861
Max PriceUS$28.86
SellUS$621,48405 Mar 19
Paul Martin
EntityIndividual
Role
Chief Financial Officer
CFO, Treasurer & Secretary
Shares21,370
Max PriceUS$29.20
SellUS$452,38905 Mar 19
Thomas Hogan
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares15,593
Max PriceUS$29.20
SellUS$1,677,84605 Mar 19
Jeffrey Davis
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares57,676
Max PriceUS$29.20
BuyUS$23,60017 Dec 18
David Lundeen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$23.60
BuyUS$25,16015 Nov 18
James Kackley
EntityIndividual
Role
Lead Director
Lead Director
Shares1,000
Max PriceUS$25.16

Ownership Breakdown


Management Team

  • Jeff Davis (55yo)

    Chairman

    • Tenure: 9.9yrs
    • Compensation: US$5.15m
  • Paul Martin (58yo)

    CFO, Treasurer & Secretary

    • Tenure: 13.0yrs
    • Compensation: US$1.68m
  • Eric Roch

    CTO and Chief Strategist of IT Modernization & Integration

    • Tenure: 0.0yrs
  • Bill Davis

    Vice President of Marketing & Communications

    • Tenure: 0.0yrs
  • Tom Hogan (42yo)

    Chief Operating Officer

    • Tenure: 0.8yrs
    • Compensation: US$962.11k
  • Patrick Schwierking

    Vice President of Sales & North America East Region

    • Tenure: 2.1yrs
  • Susan Adomite

    Vice President & Controller

    • Tenure: 0.8yrs

Board Members

  • David Lundeen (57yo)

    Director

    • Tenure: 21.3yrs
    • Compensation: US$118.27k
  • Ralph Derrickson (60yo)

    Director

    • Tenure: 15.1yrs
    • Compensation: US$104.92k
  • Jeff Davis (55yo)

    Chairman

    • Tenure: 9.9yrs
    • Compensation: US$5.15m
  • James Kackley (77yo)

    Lead Director

    • Tenure: 2.5yrs
    • Compensation: US$131.92k
  • Gary Wimberly (57yo)

    Independent Director

    • Tenure: 1.3yrs
    • Compensation: US$186.92k
  • Brian Matthews (61yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$79.92k

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$1.186b
  • Shares outstanding: 32.84m
  • 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 information technology and management consulting services in the United States. The company designs, builds, and delivers solutions using middleware software products developed by ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:39
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.