In today’s recent session, 0.43 million shares of the Perfect Corp (NYSE:PERF) have been traded, and its beta is 0.48. Most recently the company’s share price was $2.86, and it changed around $0.31 or 11.96% from the last close, which brings the market valuation of the company to $307.68M. PERF at last check was trading at a discount to its 52-week high of $3.77, offering almost -31.82% off that amount. The share price’s 52-week low was $1.70, which indicates that the recent value has risen by an impressive 40.56% since then. We note from Perfect Corp’s average daily trading volume that its 10-day average is 0.1 million shares, with the 3-month average coming to 76.35K.
Perfect Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 1 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended PERF as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Perfect Corp is expected to report earnings per share of 0.03 for the current quarter.
Perfect Corp (NYSE:PERF) trade information
Instantly PERF has been showing a green trend so far today with a performance of 11.96% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.99 on recent trading dayincreased the stock’s daily price by 4.35%. The company’s shares are currently down -7.90% year-to-date, but still up 28.60% over the last five days. On the other hand, Perfect Corp (NYSE:PERF) is 49.48% up in the 30-day period. We can see from the shorts that 83005.0 shares have been sold at a short interest cover period of 0.65 day(s).
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 59.14% from its current value. Analyst projections state that PERF is forecast to be at a low of $7 and a high of $7.
Perfect Corp (PERF) estimates and forecasts
Perfect Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 29.19 percent over the past six months and at a 33.33% annual growth rate that is well above the industry average of 25.20%. The year-over-year growth rate is expected to be 13.72%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 16.32M in revenue for the current quarter. 2 analysts expect Perfect Corp to make 16.22M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 14.12M and 14.29M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 15.55%. Forecasts for the next quarter put sales growth at 13.50%.
Perfect Corp earnings are expected to increase by 35.50% in 2024, but the outlook is positive 20.00% per year for the next five years.
PERF Dividends
Perfect Corp’s next quarterly earnings report is expected to be released in January.
Perfect Corp (NYSE:PERF)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 67.40% of Perfect Corp shares, and 7.58% of them are in the hands of institutional investors. The stock currently has a share float of 23.23%.
