AI Spotlight on PRFT
Company Description
Perficient, Inc.provides digital consultancy services and solutions in the United States.The company offers strategy and consulting solutions in the areas of digital and technology strategy, management consulting, and organizational change management; and data and intelligence solutions in the areas of analytics, artificial intelligence and machine learning, big data, business intelligence, and custom product portfolio.
It also provides blockchain, cloud, commerce, corporate performance management, customer relationship management, content management systems, customer experience platforms, custom application development, DevOps, enterprise resource planning, integration and APIs, intelligent automation, Internet of Things, mobile, portals and collaboration, supply chain, product information management, and order management systems.In addition, the company offers analytics, content architecture, conversion rate optimization, creative design, email marketing, journey sciences, paid media and search, marketing automation research, SEO, and social media services; product development services, as well as a suite of proprietary products; and optimized global delivery solutions.It serves the healthcare, financial services, retail and consumer goods, manufacturing, automotive and transportation, telecommunications, energy and utilities, and life science markets.
Perficient, Inc.was incorporated in 1997 and is headquartered in St. Louis, Missouri.
Market Data
Last Price | 75.96 |
Change Percentage | 0.64% |
Open | 76 |
Previous Close | 75.48 |
Market Cap ( Millions) | 2671 |
Volume | 2993827 |
Year High | 76.0 |
Year Low | 42.51 |
M A 50 | 75.24 |
M A 200 | 68.17 |
Financial Ratios
FCF Yield | 3.86% |
Dividend Yield | 0.00% |
ROE | 13.86% |
Debt / Equity | 69.73% |
Net Debt / EBIDTA | 223.19% |
Price To Book | 4.57 |
Price Earnings Ratio | 34.9 |
Price To FCF | 25.92 |
Price To sales | 3.03 |
EV / EBITDA | 21.51 |
News
- Oct -21 - Perficient to Unveil Connected Car Research at Reuters Automotive USA 2024
- Oct -14 - Perficient Receives Two Sitecore Experience Awards β Global Distinction in Practice Excellence and Best Content Management Modernization
- Oct -02 - FORR vs. PRFT: Which Stock Is the Better Value Option?
- Oct -02 - EQT Completes Acquisition of Perficient
- Sep -17 - Mark Cuban Foundation and Perficient Bring Free AI Bootcamp to Plano Teens
- Sep -17 - Mark Cuban Foundation and Perficient Bring Free AI Bootcamp to Minneapolis Teens
- Sep -17 - Mark Cuban Foundation and Perficient Bring Free AI Bootcamp to St. Louis Teens
- Sep -17 - Mark Cuban Foundation and Perficient Bring Free AI Bootcamp to Houston Teens
- Sep -17 - Mark Cuban Foundation and Perficient Bring Free AI Bootcamp to Fargo Teens
- Sep -17 - Mark Cuban Foundation and Perficient Bring Free AI Bootcamp to Detroit Teens
- Sep -17 - Mark Cuban Foundation and Perficient Bring Free AI Bootcamp to Atlanta Teens
- Sep -05 - Balfour Beatty Awarded Five Project Awards by Engineering-News Record
- Aug -08 - Perficient (PRFT) Misses Q2 Earnings and Revenue Estimates
- Jul -03 - URGENT SHAREHOLDER UPDATE: The M&A Class Action Firm Investigates Merger and Incoming Vote on July 30, 2024, of Perficient, Inc. - PRFT
- Jul -01 - Perficient Named a Major Player in IDC MarketScape for Worldwide Cloud Professional Services
- Jun -12 - PRFT STOCK ALERT: Halper Sadeh LLC is Investigating Whether the Sale of Perficient, Inc. is Fair to Shareholders
- Jun -12 - SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Perficient, Inc. (NASDAQ: PRFT) Buyout Proposal and Encourages Shareholders to Contact the Firm
- Jun -12 - SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PRFT, AGS on Behalf of Shareholders
- Jun -11 - SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of PlayAGS, Incorporated - AGS
- May -07 - PERFICIENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Perficient, Inc. - PRFT
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Time and Materials Contracts
Expected Growth : 6 %
What the company do ?
Time and Materials Contracts from Perficient, Inc. allow clients to pay for actual time and materials used, providing flexibility and transparency in project billing.
Why we expect these perspectives ?
Perficient's 6% growth in Time and Materials Contracts is driven by increasing demand for digital transformation services, expansion into new industries, and strategic partnerships. Additionally, the company's expertise in emerging technologies such as cloud, AI, and cybersecurity, as well as its strong client relationships, have contributed to this growth.
Segment nΒ°2 -> Fixed Fee Contracts
Expected Growth : 5 %
What the company do ?
Fixed Fee Contracts from Perficient, Inc. are agreements where clients pay a fixed price for a specific project scope, ensuring predictable costs and encouraging efficient delivery.
Why we expect these perspectives ?
Perficient's Fixed Fee Contracts growth is driven by increasing demand for digital transformation services, expansion into new industries, and strategic partnerships. The company's expertise in cloud, AI, and cybersecurity solutions also contributes to growth. Additionally, Perficient's ability to deliver projects efficiently and effectively, resulting in high client satisfaction, leads to repeat business and referrals, further fueling growth.
Segment nΒ°3 -> Fixed Fee Percent Complete Contracts
Expected Growth : 5 %
What the company do ?
Fixed Fee Percent Complete Contracts from Perficient, Inc. refer to a type of contract where the client pays a fixed fee based on the percentage of work completed.
Why we expect these perspectives ?
Perficient's Fixed Fee Percent Complete Contracts growth is driven by increasing demand for digital transformation services, expansion into new industries, and strategic acquisitions. The company's expertise in cloud, AI, and cybersecurity solutions also contributes to growth. Additionally, Perficient's strong partnerships with leading technology vendors, such as Microsoft and Oracle, further enhance its growth prospects.
Segment nΒ°4 -> Reimbursable Expenses
Expected Growth : 4 %
What the company do ?
Reimbursable Expenses from Perficient, Inc. refer to business expenditures incurred by employees that are reimbursed by the company, such as travel, meals, and lodging.
Why we expect these perspectives ?
Perficient's 4% growth in Reimbursable Expenses is driven by increasing demand for digital transformation services, expansion of existing client relationships, and strategic acquisitions. Additionally, the company's focus on cloud, cybersecurity, and ERP consulting services has led to higher reimbursable expenses. Furthermore, Perficient's global delivery model and cost-plus pricing structure also contribute to the growth.
Segment nΒ°5 -> Other Services
Expected Growth : 3 %
What the company do ?
Perficient's Other Services include IT consulting, digital transformation, and industry-specific solutions, helping clients overcome complex business challenges and achieve success.
Why we expect these perspectives ?
Perficient's Other Services segment growth is driven by increasing demand for digital transformation, cloud adoption, and cybersecurity services. Strong relationships with key partners like Microsoft, Oracle, and IBM, as well as strategic acquisitions, have expanded the company's service offerings and geographic reach, contributing to the segment's growth.
Segment nΒ°6 -> Software and Hardware
Expected Growth : 8 %
What the company do ?
Perficient, Inc. offers a range of software solutions, including digital transformation, cloud, and cybersecurity services, and hardware solutions, including IT infrastructure and IoT devices, to help businesses optimize their operations and improve efficiency.
Why we expect these perspectives ?
Perficient's 8% growth in Software and Hardware is driven by increasing demand for digital transformation, cloud adoption, and cybersecurity solutions. The company's expertise in emerging technologies such as AI, IoT, and blockchain also contributes to growth. Additionally, Perficient's strong partnerships with leading technology vendors and its ability to provide end-to-end solutions to clients further fuels growth.
Perficient, Inc. Products
Product Range | What is it ? |
---|---|
Digital Transformation | Perficient's digital transformation services help clients navigate the complexities of digital transformation, from strategy to implementation, to achieve business outcomes. |
Cloud and Infrastructure | Perficient's cloud and infrastructure services help clients design, build, and manage scalable, secure, and efficient IT environments, leveraging cloud, hybrid, and on-premises solutions. |
Customer Experience | Perficient's customer experience services help clients create personalized, omnichannel experiences that drive engagement, loyalty, and revenue growth. |
Data and Analytics | Perficient's data and analytics services help clients unlock insights, drive business outcomes, and create data-driven cultures. |
Enterprise Technology | Perficient's enterprise technology services help clients implement, integrate, and optimize enterprise software solutions, including ERP, CRM, and HCM systems. |
Security and Risk | Perficient's security and risk services help clients protect their businesses from cyber threats, ensure compliance, and manage risk. |
Perficient, Inc.'s Porter Forces
Threat Of Substitutes
Perficient, Inc. operates in a highly competitive industry, and there are many substitutes available for its services. However, the company's strong brand reputation and expertise in digital transformation and IT consulting help to mitigate the threat of substitutes.
Bargaining Power Of Customers
Perficient, Inc.'s customers are primarily large enterprises and government agencies, which have limited bargaining power due to the company's specialized services and expertise.
Bargaining Power Of Suppliers
Perficient, Inc. relies on a network of suppliers for its technology and infrastructure needs. While the company has some bargaining power due to its size and reputation, suppliers still have some leverage due to the specialized nature of their products and services.
Threat Of New Entrants
The IT consulting and digital transformation industry is highly competitive, and new entrants can easily enter the market with innovative solutions and competitive pricing. Perficient, Inc. needs to continuously innovate and differentiate itself to stay ahead of new entrants.
Intensity Of Rivalry
The IT consulting and digital transformation industry is highly competitive, with many established players and new entrants vying for market share. Perficient, Inc. faces intense competition from companies like Accenture, Deloitte, and IBM, which can lead to pricing pressure and reduced margins.
Capital Structure
Value | |
---|---|
Debt Weight | 43.22% |
Debt Cost | 3.95% |
Equity Weight | 56.78% |
Equity Cost | 11.23% |
WACC | 8.08% |
Leverage | 76.11% |
Perficient, Inc. : Quality Control
Perficient, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
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