Perion Network (PERI) Set to Announce Earnings on Wednesday

Perion Network (NASDAQ:PERI) will post its quarterly earnings results before the market opens on Wednesday, November 6th. Analysts expect Perion Network to post earnings of $0.22 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Perion Network Trading Up 1.0 %

NASDAQ PERI opened at $8.29 on Tuesday. The company has a fifty day simple moving average of $8.11 and a two-hundred day simple moving average of $9.32. The stock has a market cap of $392.20 million, a P/E ratio of 5.36, a P/E/G ratio of 0.41 and a beta of 1.47. Perion Network has a 12-month low of $7.47 and a 12-month high of $32.99.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Lake Street Capital raised shares of Perion Network from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a report on Wednesday, July 31st. Stifel Nicolaus decreased their price target on shares of Perion Network from $9.00 to $7.50 and set a “hold” rating for the company in a report on Monday, October 14th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Perion Network in a report on Thursday, August 1st. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $12.13.

Perion Network Company Profile

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.