An Important Check-Up On Perion Network Ltd. (NASDAQ: PERI)

Perion Network Ltd. (PERI) concluded trading on Wednesday at a closing price of $23.54, with 4.27 million shares of worth about $100.5 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.47% during that period and on Wednesday February 7 the price saw a loss of about -20.12%. Currently the company’s common shares owned by public are about 47.04M shares, out of which, 46.84M shares are available for trading.

Stock saw a price change of -20.07% in past 5 days and over the past one month there was a price change of -18.86%. Year-to-date (YTD), PERI shares are showing a performance of -23.74% which decreased to -30.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.16 but also hit the highest price of $42.75 during that period. The average intraday trading volume for Perion Network Ltd. shares is 330.87K. The stock is currently trading -19.99% below its 20-day simple moving average (SMA20), while that difference is down -20.20% for SMA50 and it goes to -24.63% lower than SMA200.

Perion Network Ltd. (NASDAQ: PERI) currently have 47.04M outstanding shares and institutions hold larger chunk of about 72.40% of that.

The stock has a current market capitalization of $1.11B and its 3Y-monthly beta is at 1.32. PE ratio of stock for trailing 12 months is 10.04, while it has posted earnings per share of $2.35 in the same period. Its PEG reads 0.53 and has Quick Ratio of 2.73 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PERI, volatility over the week remained 5.88% while standing at 3.43% over the month.

Analysts are in expectations that Perion Network Ltd. (PERI) stock would likely to be making an EPS of $0.82 in the current quarter, while forecast for next quarter EPS is $0.47 and it is $2.79 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.76 which is $0.85 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.79 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -4.75% while it is estimated to increase by 10.93% in next year. EPS is likely to shrink at an annualized rate of 19.00% for next 5-years, compared to annual growth of 49.42% made by the stock over the past 5-years.

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