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Perion Network Ltd (PERI)
NASDAQ:PERI
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PERI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.47 - $36.07
Previous Close$8.48
Volume117.70K
Average Volume (3M)743.91K
Market Cap
$410.62M
Enterprise Value-$54.41M
Total Cash (Recent Filing)$472.68M
Total Debt (Recent Filing)$7.65M
Price to Earnings (P/E)5.5
Beta1.39
Next Earnings
Nov 06, 2024EPS Estimate
$0.2Last Dividend Ex-Date
Mar 23, 2011Dividend YieldN/A
Share Statistics
EPS (TTM)1.54
Shares Outstanding47,991,344
10 Day Avg. Volume284,633
30 Day Avg. Volume743,912
Standard Deviation0.20
R-Squared0.13
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.07
Price to Sales (P/S)0.55
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-0.18
Enterprise Value/Gross Profit-0.20
Enterprise Value/Ebitda-0.93
Forecast
1Y Price Target
$9.33Price Target Upside9.12% Upside
Rating ConsensusHold
Number of Analyst Covering5
Perion Network News
PremiumCompany Announcements
Perion Network Sets Annual Shareholder Meeting
PremiumCompany Announcements
Perion Network’s Mixed Q2 Growth Amid Market Challenges
Bulls Say, Bears Say
Bulls Say
Financial GuidancePerion reiterated its 2024 midpoint revenue guidance of $500 million, demonstrating a solid outlook for the year.
Revenue GrowthRetail Media gross revenue grew by 75% year-over-year, reaching $17.6 million.
Stock RepurchasePerion repurchased 2 million shares for $20 million, indicating strong confidence in its own stock.
Bears Say
EarningsThe company guided Q2 revenue and AEBITDA well below consensus with revenue in a range of $106.0M-$108.0M and AEBITDA in a range of $6.5M-$7.5M.
PartnershipsAnalyst downgrades PERI to hold, because they are now less comfortable that MSFT will renew its partnership with PERI after the current contract ends in 4Q25.
Revenue ProjectionPerion revised its 2024 midpoint revenue guidance down to $500M from $600M, representing a 33% y/y contraction.
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Ownership Overview
0.61%
Insiders
7.27% Mutual Funds
35.70% Other Institutional Investors
56.42% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PERI FAQ
What was Perion Network Ltd’s price range in the past 12 months?
Perion Network Ltd lowest stock price was $7.47 and its highest was $36.07 in the past 12 months.
What is Perion Network Ltd’s market cap?
Currently, no data Available
When is Perion Network Ltd’s upcoming earnings report date?
Perion Network Ltd’s upcoming earnings report date is Nov 06, 2024 which is in 67 days.
How were Perion Network Ltd’s earnings last quarter?
Perion Network Ltd released its earnings results on Jul 31, 2024. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.208 by $0.052.
Is Perion Network Ltd overvalued?
According to Wall Street analysts Perion Network Ltd’s price is currently Undervalued.
Does Perion Network Ltd pay dividends?
Perion Network Ltd pays a Semiannually dividend of $1.2 which represents an annual dividend yield of N/A. See more information on Perion Network Ltd dividends here
What is Perion Network Ltd’s EPS estimate?
Perion Network Ltd’s EPS estimate is $0.2.
How many shares outstanding does Perion Network Ltd have?
Perion Network Ltd has 48,422,123 shares outstanding.
What happened to Perion Network Ltd’s price movement after its last earnings report?
Perion Network Ltd reported an EPS of $0.26 in its last earnings report, beating expectations of $0.208. Following the earnings report the stock price went up 3.055%.
Which hedge fund is a major shareholder of Perion Network Ltd?
Among the largest hedge funds holding Perion Network Ltd’s share is Private Capital Management, LLC. It holds Perion Network Ltd’s shares valued at 15M.
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Perion Network Stock Smart Score
Unlock Smart Score
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9
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Analyst Consensus
Hold
Average Price Target:
$9.33 (9.12% Upside)
$9.33 (9.12% Upside)
Blogger Sentiment
Bullish
PERI Sentiment 75%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 512.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 7.8%
Last 30 Days ▼ 7.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-74.76%
12-Months-Change
Fundamentals
Return on Equity
11.42%
Trailing 12-Months
Asset Growth
3.72%
Trailing 12-Months
Company Description
Perion Network Ltd
Perion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands and publishers through innovative platforms. It is committed to providing data-driven execution, from high-impact ad formats to branded search and a unified social and mobile programmatic platform. It offers the following business solutions: Undertone, which connects brands to consumers using engaging creatives; Code Fuel, which enables developers to optimize search traffic and generate incremental revenue; MakeMeReach, an automated social management platform that help ad performance across Facebook, Twitter, Instagram, and Snapchat; and Smilebox, a desktop and mobile applications. The company was founded by Ofer Adler and Yaron Adler in November 1999 and is headquartered Holon, Israel.
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PERI Company Deck
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PERI Earnings Call
Q2 2024
0:00 / 0:00
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PERI Stock 12 Month Forecast
Average Price Target
$9.33
▲(9.12% Upside)
Technical Analysis
Best Analysts Covering PERI
1 Year
1 Year Success Rate
7/21 ratings generated profit
1 Year Average Return
-4.83%
upgraded a buy rating last month
Copying Eric Martinuzzi's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -4.83% per trade.
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