Perion Network (NASDAQ:PERI - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $130.44 million for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Perion Network Stock Performance
NASDAQ PERI traded up $0.31 during trading on Friday, reaching $9.74. 291,860 shares of the company's stock were exchanged, compared to its average volume of 311,052. The stock has a market cap of $475.90 million, a P/E ratio of 10.47, a price-to-earnings-growth ratio of 0.85 and a beta of 1.48. The company has a 50 day moving average price of $8.87 and a two-hundred day moving average price of $8.53. Perion Network has a 1 year low of $7.47 and a 1 year high of $24.50.
Analyst Upgrades and Downgrades
Separately, Needham & Company LLC reaffirmed a "hold" rating on shares of Perion Network in a report on Tuesday, January 21st. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $12.13.
Read Our Latest Research Report on PERI
About Perion Network
(
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Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It offers Wildfire, a content monetization platform; search monetization solutions, including website monetization, search mediation, and app monetization; and cross-channel digital advertising software as a service platform.
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