Perion Network (PERI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Investors interested in stocks from the Internet - Content sector have probably already heard of Perion Network (PERI) and RELX PLC (RELX). But which of these two stocks offers value investors a better bang for their buck right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in Internet - Content stocks are likely familiar with Perion Network (PERI) and RELX PLC (RELX). But which of these two stocks offers value investors a better bang for their buck right now?
Investors need to pay close attention to Perion Network (PERI) stock based on the movements in the options market lately.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in Internet - Content stocks are likely familiar with Perion Network (PERI) and RELX PLC (RELX). But which of these two stocks offers value investors a better bang for their buck right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Typically, when a company misses on either trailing results or forward guidance in an earnings report, it's punished by the market. It's also frequently dinged by analysts.
Shares are down more than 12% following Q4 earnings, where management's guidance calls for lower revenue in FY25. While certain areas of the business like CTV, DOOH and Retail media are exhibiting strong growth, Search and Open web are shrinking. With net cash representing 93% of the current market cap and strong FCF expected for FY25, I see limited downside from current levels.
Perion Network (PERI -11.90%) stock is getting hit with big sell-offs in Wednesday's trading. The ad tech company's share price was down 11.7% as of 12:40 p.m.
Perion Network Ltd. (NASDAQ:PERI ) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants Tal Jacobson - Chief Executive Officer Elad Tzubery - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James Jason Helfstein - Oppenheimer Eric Martinuzzi - Lake Street Laura Martin - Needham & Co. Jeff Martin - ROTH Capital Operator Hello, everybody, and welcome to the Perion Network Fourth Quarter and Full Year 2024 Earnings Conference Call.