Perion Network Stock Today

PERI Stock  USD 8.29  0.08  0.97%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Perion Network is trading at 8.29 as of the 5th of November 2024. This is a 0.97 percent up since the beginning of the trading day. The stock's open price was 8.21. Perion Network has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Note, on June 10, 2024, Representative Debbie Wasserman Schultz of US Congress acquired under $15k worth of Perion Network's common stock.
Business Domain
Media & Entertainment
IPO Date
31st of January 2006
Category
Communication Services
Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. Perion Network Ltd. was incorporated in 1999 and is headquartered in Holon, Israel. Perion Network operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. The company has 47.31 M outstanding shares of which 1.08 M shares are at this time shorted by private and institutional investors with about 3.7 trading days to cover. More on Perion Network

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Perion Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorDoron Gerstel
Old NameSource Nomura Modelled Peri
Business ConcentrationAdvertising, Internet Content & Information, Communication Services, NASDAQ Composite, NASDAQ Composite Total, Communication Services, Media, Internet Content & Information, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.880.6843
Significantly Up
Very volatile
Gross Profit Margin0.330.3476
Notably Down
Slightly volatile
Total Current Liabilities357 M340 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total30.7 M27.9 M
Significantly Up
Pretty Stable
Total Assets1.1 B1.1 B
Sufficiently Up
Slightly volatile
Total Current Assets762.9 M726.6 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities163.2 M155.5 M
Sufficiently Up
Slightly volatile
Debt Levels
Perion Network can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Perion Network's financial leverage. It provides some insight into what part of Perion Network's total assets is financed by creditors.
Liquidity
Perion Network currently holds 7.65 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Perion Network has a current ratio of 2.68, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Perion Network's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

186.4 Million
Perion Network (PERI) is traded on NASDAQ Exchange in USA. It is located in Azrieli Center 1, Building A, Holon, Israel, 5885849 and employs 420 people. Perion Network is listed under Advertising category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 392.18 M. Perion Network conducts business under Media sector and is part of Communication Services industry. The entity has 47.31 M outstanding shares of which 1.08 M shares are at this time shorted by private and institutional investors with about 3.7 trading days to cover. Perion Network currently holds about 353 M in cash with 155.46 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.9.
Check Perion Network Probability Of Bankruptcy
Ownership Allocation
Perion Network owns a total of 47.31 Million outstanding shares. Over half of Perion Network's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. On June 10, 2024, Representative Debbie Wasserman Schultz of US Congress acquired under $15k worth of Perion Network's common stock.
Check Perion Ownership Details

Perion Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-06-30
482.3 K
Systematic Financial Management Lp2024-06-30
467.5 K
Invenomic Capital Management, Lp2024-06-30
410.2 K
Millennium Management Llc2024-06-30
295.1 K
Jpmorgan Chase & Co2024-06-30
271.4 K
D. E. Shaw & Co Lp2024-06-30
267.7 K
Y.d. More Investments Ltd2024-06-30
264.4 K
Lpl Financial Corp2024-06-30
238.3 K
Sphera Funds Management Ltd.2024-06-30
234.6 K
Harel Insurance Invests & Fin Srvcs Ltd2024-06-30
3.5 M
Morgan Stanley - Brokerage Accounts2024-06-30
2.4 M
View Perion Network Diagnostics

Perion Network Historical Income Statement

As of now, Perion Network's Operating Income is increasing as compared to previous years. The Perion Network's current EBIT is estimated to increase to about 142.2 M, while Interest Expense is projected to decrease to 0.00. View More Fundamentals

Perion Stock Against Markets

Perion Network Corporate Management

Kenny LauChief SolutionsProfile
Erin McCallionChief OfficerProfile
Rami RozenVice RelationsProfile
Avi ZimakChief OfficerProfile
Elad TzuberyChief OfficerProfile
When determining whether Perion Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perion Network's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perion Network Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perion Network Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perion Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Perion Stock please use our How to Invest in Perion Network guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perion Network. If investors know Perion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perion Network listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
1.54
Revenue Per Share
14.315
Quarterly Revenue Growth
(0.39)
Return On Assets
0.0547
The market value of Perion Network is measured differently than its book value, which is the value of Perion that is recorded on the company's balance sheet. Investors also form their own opinion of Perion Network's value that differs from its market value or its book value, called intrinsic value, which is Perion Network's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perion Network's market value can be influenced by many factors that don't directly affect Perion Network's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Perion Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perion Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perion Network's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.