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Perion Network Ltd (PERI)
NASDAQ:PERI
Perion Network (PERI) Stock Price & Analysis
1,334 Followers
PERI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.14 - $36.86
Previous Close$8.43
Volume613.66K
Average Volume (3M)1.23M
Market Cap
$408.20M
Enterprise Value-$56.83M
Total Cash (Recent Filing)$472.68M
Total Debt (Recent Filing)$7.65M
Price to Earnings (P/E)4.0
Beta1.36
Next Earnings
Jul 31, 2024EPS Estimate
$0.21Last Dividend Ex-Date
Mar 23, 2011Dividend YieldN/A
Share Statistics
EPS (TTM)2.10
Shares Outstanding47,991,344
10 Day Avg. Volume1,955,779
30 Day Avg. Volume1,234,180
Standard Deviation0.21
R-Squared0.13
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)1.11
Price to Sales (P/S)0.57
Price to Cash Flow (P/CF)2.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-0.19
Enterprise Value/Gross Profit-0.08
Enterprise Value/Ebitda-0.97
Forecast
1Y Price Target
$9.67Price Target Upside12.05% Upside
Rating ConsensusHold
Number of Analyst Covering5
Perion Network News
PremiumCompany Announcements
Perion Adjusts 2024 Guidance Amid Market Shifts
Bulls Say, Bears Say
Bulls Say
Financial PositionWith approximately $470M cash on the balance sheet, PERI has increased its share repurchase authorization to $75M and plans to use excess cash for additional acquisitions.
Revenue GrowthCTV revenue growth of 108% year-over-year, reaching $8.2 million.
Share BuybackPERI will begin a $75 million share buyback program.
Bears Say
Financial ProjectionsPERI now believes that MSFT revenues will fall from 35% of total revenues in 2023, to 5% of PERI revenues in 2H24.
Partnership ConcernsAnalyst 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 GuidanceThe 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.
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Ownership Overview
0.61%
Insiders
7.18% Mutual Funds
3.79% Other Institutional Investors
88.42% 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 $8.14 and its highest was $36.86 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 Jul 31, 2024 which is in 28 days.
How were Perion Network Ltd’s earnings last quarter?
Perion Network Ltd released its earnings results on May 08, 2024. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.382 by $0.058.
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 $0.21.
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 $0.44 in its last earnings report, beating expectations of $0.382. Following the earnings report the stock price went down -0.472%.
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 34M.
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Perion Network Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$9.67 (12.05% Upside)
$9.67 (12.05% Upside)
Blogger Sentiment
Bullish
PERI Sentiment 80%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 122.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 4.3%
Last 30 Days ▼ 4.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-72.51%
12-Months-Change
Fundamentals
Return on Equity
15.65%
Trailing 12-Months
Asset Growth
18.85%
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
Q1 2024
0:00 / 0:00
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PERI Stock 12 Month Forecast
Average Price Target
$9.67
▲(12.05% Upside)
Technical Analysis
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