Perion Network (PERI) Projected to Post Quarterly Earnings on Wednesday

Perion Network (NASDAQ:PERI) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $130.44 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Perion Network Stock Down 0.6 %

Shares of NASDAQ:PERI opened at $9.57 on Wednesday. The firm has a market cap of $467.59 million, a P/E ratio of 10.29, a P/E/G ratio of 0.85 and a beta of 1.48. Perion Network has a 12-month low of $7.47 and a 12-month high of $24.63. The business has a fifty day simple moving average of $8.84 and a 200 day simple moving average of $8.50.

Analysts Set New Price Targets

Separately, Needham & Company LLC reaffirmed a “hold” rating on shares of Perion Network in a research note on Tuesday, January 21st. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company 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.