Perfect Corp [PERF] stock prices are up 18.32% to $3.10 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PERF shares have gain 21.57% over the last week, with a monthly amount glided 34.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Perfect Corp [NYSE: PERF] stock has seen the most recent analyst activity on October 21, 2024, when Noble Capital Markets initiated its Outperform rating and assigned the stock a price target of $5. Previously, Oppenheimer downgraded its rating to Perform on April 20, 2023. On December 08, 2022, Oppenheimer initiated with a Outperform rating and assigned a price target of $10 on the stock. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $7 on December 06, 2022. Goldman initiated its recommendation with a Neutral and recommended $7.80 as its price target on November 21, 2022.
The stock price of Perfect Corp [PERF] has been fluctuating between $1.70 and $3.77 over the past year. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Perfect Corp [NYSE: PERF] shares were valued at $3.10 at the most recent close of the market. An investor can expect a potential return of 125.81% based on the average PERF price forecast.
Analyzing the PERF fundamentals
The Perfect Corp [NYSE:PERF] reported sales of 58.45M for trailing twelve months, representing a surge of 10.85%. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is -0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.79 points at the first support level, and at 2.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.30, and for the 2nd resistance point, it is at 3.50.
Ratios To Look Out For
It’s worth pointing out that Perfect Corp [NYSE:PERF]’s Current Ratio is 5.46. Also, the Quick Ratio is 5.45, while the Cash Ratio stands at 3.93. Considering the valuation of this stock, the price to sales ratio is 4.85, the price to book ratio is 2.24 and price to earnings (TTM) ratio is 60.67.
