Perfect (NYSE:PERF) Releases Quarterly Earnings Results, Meets Expectations

Perfect (NYSE:PERFGet Free Report) posted its quarterly earnings data on Monday. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01, FiscalAI reports. Perfect had a return on equity of 3.75% and a net margin of 8.13%.The company had revenue of $16.34 million during the quarter.

Perfect Price Performance

Shares of NYSE PERF opened at $1.92 on Wednesday. The stock has a market cap of $195.55 million, a PE ratio of 32.01, a price-to-earnings-growth ratio of 1.84 and a beta of 0.30. Perfect has a 1 year low of $1.24 and a 1 year high of $2.18. The firm has a fifty day moving average price of $1.75 and a 200-day moving average price of $1.65.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on PERF. Noble Financial cut Perfect from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Perfect in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Perfect currently has an average rating of “Reduce”.

Check Out Our Latest Stock Analysis on PERF

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets bought a new stake in Perfect during the second quarter valued at about $30,000. Dimensional Fund Advisors LP boosted its stake in shares of Perfect by 63.7% in the third quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock worth $76,000 after acquiring an additional 15,754 shares during the period. Credit Industriel ET Commercial bought a new position in shares of Perfect in the first quarter worth about $338,000. Groupe la Francaise purchased a new stake in shares of Perfect during the first quarter worth about $507,000. Finally, Goldman Sachs Group Inc. grew its position in shares of Perfect by 13.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock worth $7,129,000 after purchasing an additional 464,702 shares in the last quarter.

Perfect Company Profile

(Get Free Report)

Perfect Corp (NYSE: PERF) is a technology company specializing in beauty and personal care solutions. The company develops AI- and AR-driven platforms that enable virtual product try-on, personalized skincare analysis and digital marketing tools for cosmetics brands and retailers. Its software as a service (SaaS) offerings allow users to preview makeup and skincare products in real time, drive customer engagement across e-commerce and social media channels, and collect data-driven insights into consumer preferences.

The core products include virtual try-on applications, skin diagnostic tools and AI-powered recommendation engines.

Further Reading

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