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Perion Network: The Price Is Too Low To Ignore, Potentially Worth At Least Double
Seeking Alpha· 2024-04-06 12:26
Shutthiphong Chandaeng Introduction I wanted to take a look at Perion Network (NASDAQ:PERI) to see how it performed over the last year and whether the 30% decline in share price was warranted since my first buy recommendation when I argued that the company’s growth prospects are very positive due to AI implementations, while an immaculate balance sheet is also enticing. Fast forward 6 months, the company’s share took a plummet when the guidance came in lower than anticipated, which I think is a blessing ...
PERI or TTGT: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-03-20 16:46
Investors interested in Internet - Content stocks are likely familiar with Perion Network (PERI) and TechTarget (TTGT) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to ide ...
Why Perion Network (PERI) Outpaced the Stock Market Today
Zacks Investment Research· 2024-03-19 22:51
Perion Network (PERI) closed at $21.82 in the latest trading session, marking a +1.11% move from the prior day. This change outpaced the S&P 500's 0.57% gain on the day. Meanwhile, the Dow gained 0.83%, and the Nasdaq, a tech-heavy index, added 0.39%.Shares of the digital media company have depreciated by 6.98% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.42% and the S&P 500's gain of 2.97%.Market participants will be closely following the financial resul ...
PTC Stock Rises 52.6% in a Year: Will the Rally Continue?
Zacks Investment Research· 2024-03-18 15:01
PTC Inc. (PTC) witnessed healthy momentum in the past year. Shares of the company have gained 52.6% in the same time frame compared with the S&P 500 Composite’s growth of 31.2%.PTC is a software provider offering a range of cutting-edge digital technologies that collectively revolutionize the engineering, production, and maintenance of tangible goods. The company offers a comprehensive portfolio of software solutions comprising computer-aided design (CAD) and product lifecycle management (PLM). The company’ ...
Perion Network (PERI) Upgraded to Strong Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-03-14 17:01
Investors might want to bet on Perion Network (PERI) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system ...
Perion Taps into the World's Largest DOOH Market, Estimated at $5.2B Through a New Partnership with Way.io, its First Domestic DSP in China
Businesswire· 2024-03-11 11:10
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Perion Network Ltd. (NASDAQ and TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced today its first domestic Demand Side Platform (DSP) partnership in China with Way.io through its programmatic digital out of home (DOOH) platform, Hivestack. This collaboration marks a significant milestone in leveraging China's position as the largest DOOH market in the world, with a projected market of $5.2B in ...
Perion Network (PERI) Is Considered a Good Investment by Brokers: Is That True?
Zacks Investment Research· 2024-03-08 15:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Perion Network (PERI) .Perion Network currently has an average br ...
Perion Network (PERI) Increases Yet Falls Behind Market: What Investors Need to Know
Zacks Investment Research· 2024-03-07 23:51
Perion Network (PERI) closed the latest trading day at $22.52, indicating a +0.94% change from the previous session's end. This move lagged the S&P 500's daily gain of 1.03%. Meanwhile, the Dow gained 0.34%, and the Nasdaq, a tech-heavy index, added 1.51%.Prior to today's trading, shares of the digital media company had lost 5.23% over the past month. This has lagged the Computer and Technology sector's gain of 2.52% and the S&P 500's gain of 3.21% in that time.The investment community will be paying close ...
After Plunging -23.58% in 4 Weeks, Here's Why the Trend Might Reverse for Perion Network (PERI)
Zacks Investment Research· 2024-03-06 15:35
Perion Network (PERI) has been on a downward spiral lately with significant selling pressure. After declining 23.6% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a ...
PERI vs. TTGT: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-03-04 17:46
Investors with an interest in Internet - Content stocks have likely encountered both Perion Network (PERI) and TechTarget (TTGT) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets ...