Perfect (NYSE:PERF) Issues Earnings Results

Perfect (NYSE:PERF) issued its quarterly earnings data on Monday. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01, FiscalAI reports. The firm had revenue of $16.34 million for the quarter. Perfect had a net margin of 6.62% and a return on equity of 3.02%.

Perfect Price Performance

PERF opened at $1.92 on Tuesday. The stock has a market capitalization of $195.55 million, a PE ratio of 38.41, a P/E/G ratio of 1.84 and a beta of 0.30. The firm’s fifty day moving average price is $1.75 and its 200 day moving average price is $1.65. Perfect has a 12-month low of $1.24 and a 12-month high of $2.55.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets acquired a new stake in shares of Perfect in the 2nd quarter valued at about $30,000. Dimensional Fund Advisors LP grew its stake in 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 purchasing an additional 15,754 shares in the last quarter. Credit Industriel ET Commercial acquired a new position in Perfect in the first quarter worth about $338,000. Groupe la Francaise bought a new stake in Perfect in the first quarter valued at about $507,000. Finally, Goldman Sachs Group Inc. increased its holdings in Perfect by 13.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock valued at $7,129,000 after buying an additional 464,702 shares during the last quarter.

Analyst Ratings Changes

A number of brokerages have recently issued reports on PERF. Noble Financial lowered Perfect from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 29th. Freedom Capital downgraded Perfect from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Perfect in a research note on Friday, July 17th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

About Perfect

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.