Perion Network

Company Profile

Perion Network had its IPO on 2006-01-31 under the ticker symbol PERI.

The company operates in the Communication Services sector and Internet Content & Information industry. Perion Network has a staff strength of 440 employees.

Stock update

Shares of Perion Network opened at $32.56 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $29.75 - $32.59, and closed at $31.75.

This is a -7.14% slip from the previous day's closing price.

A total volume of 2,408,454 shares were traded at the close of the day’s session.

In the last one week, shares of Perion Network have slipped by -4.63%.

Perion Network's Key Ratios

Perion Network has a market cap of $1.64 billion, indicating a price to book ratio of 2.1684 and a price to sales ratio of 1.9351.

In the last 12-months Perion Network’s revenue was $691.91 million with a gross profit of $237.25 million and an EBITDA of $130.29 million. The EBITDA ratio measures Perion Network's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Perion Network’s operating margin was 18.21% while its return on assets stood at 9.75% with a return of equity of 19.14%.

In Q2, Perion Network’s quarterly earnings growth was a positive 4.7% while revenue growth was a positive 21.7%.

Perion Network’s PE and PEG Ratio

Forward PE

14.3885

Trailing PE

15.3318

PEG

0.5752

Its diluted EPS in the last 12-months stands at $2.23 per share while it has a forward price to earnings multiple of 14.3885 and a PEG multiple of 0.5752. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Perion Network’s profitability.

Perion Network stock is trading at a EV to sales ratio of 1.3598 and a EV to EBITDA ratio of 7.8463. Its price to sales ratio in the trailing 12-months stood at 1.9351.

Perion Network stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$903.51 million

Total Liabilities

$250.73 million

Operating Cash Flow

$0

Capital Expenditure

$217000

Dividend Payout Ratio

0%

Perion Network ended 2024 with $903.51 million in total assets and $0 in total liabilities. Its intangible assets were valued at $903.51 million while shareholder equity stood at $636.49 million.

Perion Network ended 2024 with $0 in deferred long-term liabilities, $250.73 million in other current liabilities, 405000.00 in common stock, $115.98 million in retained earnings and $0 in goodwill. Its cash balance stood at $185.93 million and cash and short-term investments were $483.32 million. The company’s total short-term debt was $3,920,000 while long-term debt stood at $0.

Perion Network’s total current assets stands at $644.31 million while long-term investments were $0 and short-term investments were $297.39 million. Its net receivables were $140.73 million compared to accounts payable of $145.64 million and inventory worth $1.32 million.

In 2024, Perion Network's operating cash flow was $0 while its capital expenditure stood at $217000.

Comparatively, Perion Network paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$31.75

52-Week High

$42.75

52-Week Low

$18.81

Analyst Target Price

$40.1

Perion Network stock is currently trading at $31.75 per share. It touched a 52-week high of $42.75 and a 52-week low of $42.75. Analysts tracking the stock have a 12-month average target price of $40.1.

Its 50-day moving average was $34.34 and 200-day moving average was $32.92 The short ratio stood at 1.88 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 5892.2% are held by institutions.