Perion Network Ltd. Stock Downgraded (PERI)
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- PERI's very impressive revenue growth greatly exceeded the industry average of 33.5%. Since the same quarter one year prior, revenues leaped by 107.3%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- Powered by its strong earnings growth of 150.00% and other important driving factors, this stock has surged by 94.77% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
- Although PERI's debt-to-equity ratio of 0.16 is very low, it is currently higher than that of the industry average. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.81 is somewhat weak and could be cause for future problems.
- PERION NETWORK LTD reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past two years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, PERION NETWORK LTD reported lower earnings of $0.35 versus $0.56 in the prior year.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. When compared to other companies in the Internet Software & Services industry and the overall market, PERION NETWORK LTD's return on equity is below that of both the industry average and the S&P 500.
-- Written by a member of TheStreet Ratings Staff
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