8.73+0.13+1.51%
03:14:16 PMBTT
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On Tuesday morning 06/11/2024 the Perion Network Ltd. share started trading at the price of $8.67.Compared to the closing price on Monday 06/10/2024 on BTT of $8.60, this is a gain of 0.81%.There are 48.42 M shares outstanding in Perion Network Ltd., which values the company at $594.79 M.
Is Perion Network stock a Buy, Sell or Hold?
Perion Network stock has received a consensus rating of buy. The average rating score is and is based on 23 buy ratings, 2 hold ratings, and 0 sell ratings.What was the 52-week low for Perion Network stock?
The low in the last 52 weeks of Perion Network stock was 8.14. According to the current price, Perion Network is 107.25% away from the 52-week low.What was the 52-week high for Perion Network stock?
The high in the last 52 weeks of Perion Network stock was 36.83. According to the current price, Perion Network is 23.70% away from the 52-week high.What are analysts forecasts for Perion Network stock?
The 25 analysts offering price forecasts for Perion Network have a median target of 35.00, with a high estimate of 45.00 and a low estimate of 10.00. The median estimate represents a 24.94 difference from the last price of 8.73.Perion Network Stock Snapshot
8.72
Bid
17.00
Bid Size
8.74
Ask
322.00
Ask Size
6/11/2024
Date
3:14 PM
Time
109,845.00
Volume
8.60
Prev. Close
8.67
Open
594.79 M
Market Cap
48.42 M
Number of Shares
8.47
Day Low
9.23
Day High
8.73
8.14
52 Week Low
8.73
9.27
P/E Ratio
99.51
Free Float in %
1.41
EPS 2024
Perion Network NewsMore News
TipRanks
Perion Network (PERI) was downgraded to a Hold Rating at Needham
Benzinga
Perion Network Slashes Q2, FY24 Outlook Amid Microsoft Bing Ad Pricing Changes, Stock Tumbles
Perion Network lowers Q2 and FY24 financial guidance due to changes in Microsoft's Bing advertising pricing and decline in revenue from standard video and display formats.
Seeking Alpha
Biggest stock movers today: LUV, DO, KKR, and more
TipRanks
Lake Street Remains a Hold on Perion Network (PERI)
Historical Prices for Perion Network
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:0%0
Perion Network Analyst Data
Total Analysts: 24
Buy Ratings: 23 Neutral Ratings: 1 Sell Ratings: 0
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 16.00 Median: 36.04 Highest: 45.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Perion Network Analyst Opinions
- All
- Buy
- Hold
- Sell
| Date | Analyst | Rating | Price | |||
|---|---|---|---|---|---|---|
| 03:17 AM | Lake Street | Maintained Hold | $10 | neutral | ||
| 06/10/24 | Oppenheimer & Co. Inc. | Downgraded to Hold | neutral | |||
| 06/10/24 | Needham & Company, LLC | Downgraded to Hold | neutral | |||
| 05/09/24 | Needham & Company, LLC | Maintained Buy | $18 | gut | ||
| 04/08/24 | Lake Street | Downgraded to Hold | $16 | neutral | ||
| 04/08/24 | Needham & Company, LLC | Maintained Buy | $18 | gut | ||
| 02/07/24 | Needham & Company, LLC | Maintained Buy | $35 | gut | ||
| 11/01/23 | Needham & Company, LLC | Maintained Buy | $35 | gut | ||
| 09/26/23 | Needham & Company, LLC | Maintained Buy | $42 | gut | ||
| 09/12/23 | Raymond James Financial, Inc. | Downgraded to Hold | neutral | |||
| 08/03/23 | Oppenheimer & Co. Inc. | Maintained Buy | $45 | gut | ||
| 07/10/23 | Needham & Company, LLC | Maintained Buy | $42 | gut | ||
| 07/07/23 | Needham & Company, LLC | Maintained Buy | $42 | gut | ||
| 06/20/23 | Needham & Company, LLC | Maintained Buy | $42 | gut | ||
| 06/13/23 | Needham & Company, LLC | Maintained Buy | $42 | gut | ||
| 05/23/23 | Needham & Company, LLC | Maintained Buy | $42 | gut | ||
| 05/09/23 | Needham & Company, LLC | Maintained Buy | $42 | gut | ||
| 05/04/23 | Lake Street | Maintained Buy | $40 | gut | ||
| 05/04/23 | Oppenheimer & Co. Inc. | Maintained Buy | $42 | gut | ||
| 05/04/23 | Raymond James Financial, Inc. | Maintained Buy | $41 | gut | ||
| 04/24/23 | Stifel, Nicolaus & Co., Inc. | Downgraded to Buy | $36 | gut | ||
| 03/22/23 | Needham & Company, LLC | Maintained Buy | $42 | gut | ||
| 02/09/23 | Oppenheimer & Co. Inc. | Maintained Buy | $37 | gut | ||
| 02/09/23 | Raymond James Financial, Inc. | Maintained Buy | $39 | gut | ||
| 02/08/23 | Needham & Company, LLC | Maintained Buy | $37 | gut | ||
| 01/27/23 | Needham & Company, LLC | Maintained Buy | $37 | gut | ||
| 08/04/22 | Raymond James Financial, Inc. | Maintained Buy | $28 | gut | ||
| 07/26/22 | Raymond James Financial, Inc. | Maintained Buy | $25 | gut |
Perion Network Estimates* in USD
| 2024 | 2025 | |
|---|---|---|
| Revenue | 533 | 522 |
| Dividend | - | - |
| Dividend Yield (in %) | - | - |
| EPS | 1.41 | 1.39 |
| P/E Ratio | 6.02 | 6.11 |
| EBIT | 11 | 8 |
| EBITDA | 60 | 58 |
| Net Profit | 28 | 27 |
| Net Profit Adjusted | 60 | 54 |
| Pre-Tax Profit | 34 | 37 |
| Net Profit (Adjusted) | - | - |
| EPS (Non-GAAP) ex. SOE | 1.41 | 1.39 |
| EPS (GAAP) | 0.56 | 0.53 |
| Gross Income | 181 | 193 |
| Cash Flow from Investing | -21 | -2 |
| Cash Flow from Operations | 70 | 47 |
| Cash Flow from Financing | 1 | 1 |
| Cash Flow per Share | - | - |
| Free Cash Flow | 56 | 48 |
| Free Cash Flow per Share | 1.15 | 0.96 |
| Book Value per Share | - | - |
| Net Debt | - | - |
| Research & Development Exp. | 38 | 41 |
| Capital Expenditure | 2 | 2 |
| Selling, General & Admin. Exp. | 179 | 191 |
| Shareholder’s Equity | 787 | 860 |
| Total Assets | 1,103 | 1,194 |
| Previous Quarter ending 03/31/24 | Current Quarter ending 06/30/24 | Next Quarter ending 09/30/24 | Current Year ending 12/31/24 | Next Year ending 12/31/25 | |
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | 6 | 5 | 5 | 5 | 5 |
| Average Estimate | 0.382 USD | 0.232 USD | 0.278 USD | 1.414 USD | 1.392 USD |
| Year Ago | 0.600 USD | 0.840 USD | 0.840 USD | 3.330 USD | 1.414 USD |
| Publish Date | 5/8/2024 | 7/31/2024 | 11/6/2024 | - | - |
| Revenue Estimates | |||||
| No. of Analysts | 6 | 6 | 6 | 6 | 6 |
| Average Estimate | 157 USD | 111 USD | 116 USD | 533 USD | 522 USD |
| Year Ago | 145 USD | 178 USD | 185 USD | 743 USD | 533 USD |
| Publish Date | 5/8/2024 | 7/31/2024 | 11/6/2024 | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Income Statements
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Sales | 274 | 253 | 261 | 328 | 479 | 640 | 743 |
| Change of sales in % | -12.41 | -7.72 | 3.40 | 25.48 | 45.86 | 33.81 | 16.07 |
| Gross profit on sales | 233 | 91 | 90 | 98 | 155 | 223 | 258 |
| Gross profit on sales change in % | -13.90 | -60.89 | -0.76 | 8.53 | 58.50 | 43.78 | 15.61 |
| Operating income | 10 | 17 | 18 | 12 | 46 | 109 | 135 |
| Operating income change in % | -17.12 | 67.51 | 7.41 | -31.96 | 274.57 | 137.85 | 24.07 |
| Income before tax | -82 | 11 | 15 | 10 | 45 | 114 | 138 |
| Income before tax change in % | - | - | 33.41 | -33.86 | 371.29 | 150.83 | 21.14 |
| Income after tax | -73 | 8 | 13 | 10 | 39 | 99 | 117 |
| Income after tax change in % | -4,596.84 | - | 58.76 | -20.69 | 278.54 | 156.36 | 18.33 |
Balance Sheet
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Total liabilities | 136 | 108 | 119 | 175 | 246 | 288 | 368 |
| Total liabilities change in % | 2.10 | 1.18 | 1.34 | 1.99 | 1.20 | 1.15 | 0.58 |
| Equity | 138 | 149 | 165 | 184 | 467 | 583 | 718 |
| Equity change in % | -33.54 | 7.55 | 11.02 | 11.47 | 153.61 | 24.88 | 23.15 |
| Balance sheet total | 274 | 256 | 284 | 359 | 713 | 871 | 1,086 |
| Balance sheet total change in % | -25.63 | -6.42 | 10.66 | 26.40 | 98.85 | 22.12 | 24.69 |
Key Data
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Sales per share | 10.60 | 9.78 | 9.92 | 11.39 | 12.65 | 13.32 | 14.84 |
| P/E ratio (year end quote, basic EPS) | - | 8.27 | 12.53 | 33.23 | 21.37 | 11.44 | 13.17 |
| P/E ratio (ear end quote, diluted EPS) | - | 8.28 | 12.71 | 35.85 | 23.50 | 12.26 | 13.17 |
| P/E ratio (year end quote) | - | 8.27 | 12.53 | 33.23 | 21.37 | 11.44 | 13.17 |
| Dividend yield in % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity ratio in % | 50.48 | 58.02 | 58.21 | 51.33 | 65.47 | 66.95 | 66.13 |
| Debt ratio in % | 49.52 | 41.98 | 41.79 | 48.67 | 34.53 | 33.05 | 33.87 |
Perion Network Dividend Calendar
| Date | Name | Dividend | *yield | Currency |
|---|---|---|---|---|
| 2023 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2022 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2021 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2020 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2019 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2018 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2017 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2016 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2015 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2014 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2013 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2012 | Perion Network Ltd. | 0.00 | 0.00 | USD |
| 2011 | Perion Network Ltd. | 1.20 | 10.13 | USD |
| 2010 | Perion Network Ltd. | 2.64 | 11.37 | USD |
| 2009 | Perion Network Ltd. | 2.70 | 9.02 | USD |
*Yield of the Respective Date
Perion Network Ltd. Calendar
| Event | Estimate | Info | Date |
|---|---|---|---|
| Earnings Report | 0.232 USD | Q2 2024 Earnings Release | 07/31/2024 |
| Earnings Report | 0.278 USD | Q3 2024 Earnings Release | 11/06/2024 |
| Earnings Report | - | Q4 2024 Earnings Release | 02/05/2025 |
| Earnings Report | - | Q1 2025 Earnings Release | 05/07/2025 |
Perion Network Ltd. Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| Earnings Report | 0.440 USD | Q1 2024 Earnings Release | 05/08/2024 |
| Press Conference | - | - | 02/07/2024 |
Perion Network Profile
Perion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands, agencies, and publishers. It operates through the following geographical segments: North America (mainly US), Europe, and Other. The firm solutions include Publisher Platform, Search Monetization, SORT-Cookieless Targeting, High Impact Creative, and Actionable Monitoring. The company was founded by Ofer Adler and Yaron Adler in November 1999 and is headquartered in Holon, Israel.
Moody’s Daily Credit Risk Score
Risk
- Low
- Medium
- High
7
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’sbalance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of creditrisk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes intoaccount day-to-day movements in market value compared to a company’s liability structure.
Perion Network Shareholder
| Owner | in % |
|---|---|
| Freefloat | 99.51 |
| Harel Mutual Funds Ltd. | 8.81 |
| Harel Insurance Investments & Financial Services Ltd. | 8.14 |
| Clal Pension & Provident Funds Ltd. | 5.37 |
| Migdal Insurance & Financial Holdings Ltd. | 5.26 |
| Clal Insurance Enterprises Holdings Ltd. | 4.53 |
| Menora Mivtachim Holdings Ltd. | 4.38 |
| Private Capital Management LLC | 3.13 |
| Phoenix Provident Fund Ltd. | 3.05 |
| Phoenix Holdings Ltd. | 2.84 |
| Renaissance Technologies LLC | 2.64 |
| Acadian Asset Management LLC | 2.48 |
| Meitav Investment House Ltd. | 2.36 |
| Vanguard Group, Inc. (Subfiler) | 2.30 |
| Victory Capital Management, Inc. (Investment Management) | 1.77 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
