Perficient Property Plant And Equipment Gross vs Retained Earnings Analysis

PRFT Stock  USD 73.62  0.14  0.19%   
Perficient financial indicator trend analysis is much more than just breaking down Perficient prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perficient is a good investment. Please check the relationship between Perficient Property Plant And Equipment Gross and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perficient. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Perficient Stock please use our How to Invest in Perficient guide.

Property Plant And Equipment Gross vs Retained Earnings

Property Plant And Equipment Gross vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perficient Property Plant And Equipment Gross account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Perficient's Property Plant And Equipment Gross and Retained Earnings is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Perficient, assuming nothing else is changed. The correlation between historical values of Perficient's Property Plant And Equipment Gross and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Perficient are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Gross i.e., Perficient's Property Plant And Equipment Gross and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Gross

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Perficient's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perficient current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perficient. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Perficient Stock please use our How to Invest in Perficient guide.Selling General Administrative is likely to gain to about 179.1 M in 2024. Tax Provision is likely to gain to about 40 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit292.2M352.4M302.5M317.6M
Total Revenue761.0M905.1M906.5M951.9M

Perficient fundamental ratios Correlations

0.710.730.910.830.960.611.00.650.540.960.87-0.410.970.920.980.670.90.770.770.970.950.880.870.950.99
0.710.960.540.820.570.810.730.640.480.690.38-0.230.760.60.640.640.70.370.370.750.670.380.670.650.75
0.730.960.590.840.560.860.750.730.590.680.39-0.150.750.60.650.730.690.330.330.770.650.360.660.630.77
0.910.540.590.630.840.630.890.750.720.760.82-0.060.780.770.930.770.670.730.730.910.750.780.710.750.88
0.830.820.840.630.760.570.840.510.340.850.57-0.460.890.880.790.520.810.630.630.780.830.660.840.810.84
0.960.570.560.840.760.410.950.470.340.970.93-0.580.950.940.960.490.90.840.840.880.970.960.870.970.95
0.610.810.860.630.570.410.620.790.690.460.270.180.540.370.550.790.460.220.220.710.430.210.380.420.64
1.00.730.750.890.840.950.620.650.540.960.86-0.420.970.910.960.670.920.730.730.970.950.850.860.951.0
0.650.640.730.750.510.470.790.650.950.470.460.280.520.430.621.00.450.30.30.740.450.350.410.450.67
0.540.480.590.720.340.340.690.540.950.330.410.470.380.280.510.950.330.160.160.680.310.230.260.310.54
0.960.690.680.760.850.970.460.960.470.330.86-0.640.990.940.920.490.970.750.750.891.00.90.881.00.96
0.870.380.390.820.570.930.270.860.460.410.86-0.480.830.810.880.480.830.720.720.830.870.890.730.880.85
-0.41-0.23-0.15-0.06-0.46-0.580.18-0.420.280.47-0.64-0.48-0.59-0.58-0.380.27-0.65-0.47-0.47-0.25-0.66-0.6-0.55-0.66-0.43
0.970.760.750.780.890.950.540.970.520.380.990.83-0.590.930.930.540.970.730.730.920.990.860.890.980.97
0.920.60.60.770.880.940.370.910.430.280.940.81-0.580.930.930.450.850.880.880.810.930.930.920.920.9
0.980.640.650.930.790.960.550.960.620.510.920.88-0.380.930.930.640.830.860.860.930.920.910.870.920.95
0.670.640.730.770.520.490.790.671.00.950.490.480.270.540.450.640.470.320.320.760.470.370.430.470.69
0.90.70.690.670.810.90.460.920.450.330.970.83-0.650.970.850.830.470.580.580.880.980.80.790.970.93
0.770.370.330.730.630.840.220.730.30.160.750.72-0.470.730.880.860.320.581.00.610.740.910.830.740.72
0.770.370.330.730.630.840.220.730.30.160.750.72-0.470.730.880.860.320.581.00.610.740.910.830.740.72
0.970.750.770.910.780.880.710.970.740.680.890.83-0.250.920.810.930.760.880.610.610.880.750.740.890.97
0.950.670.650.750.830.970.430.950.450.311.00.87-0.660.990.930.920.470.980.740.740.880.90.871.00.95
0.880.380.360.780.660.960.210.850.350.230.90.89-0.60.860.930.910.370.80.910.910.750.90.830.910.84
0.870.670.660.710.840.870.380.860.410.260.880.73-0.550.890.920.870.430.790.830.830.740.870.830.860.85
0.950.650.630.750.810.970.420.950.450.311.00.88-0.660.980.920.920.470.970.740.740.891.00.910.860.95
0.990.750.770.880.840.950.641.00.670.540.960.85-0.430.970.90.950.690.930.720.720.970.950.840.850.95
Click cells to compare fundamentals

Perficient Account Relationship Matchups

Perficient fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets640.5M785.8M882.6M995.9M1.1B1.1B
Other Current Liab44.8M83.5M74.2M81.8M47.3M24.7M
Total Current Liabilities84.6M128.9M120.0M129.1M78.5M45.5M
Total Stockholder Equity381.0M394.1M364.8M410.1M530.6M557.2M
Property Plant And Equipment Net39.9M50.4M48.1M45.1M33.8M35.5M
Retained Earnings189.8M219.6M271.7M378.3M477.2M501.1M
Accounts Payable23.1M25.6M26.1M24.4M18.7M11.9M
Non Current Assets Total428.6M559.3M667.9M740.3M738.7M775.6M
Common Stock Total Equity48K49K50K53K61.0K33.7K
Common Stock Shares Outstanding32.2M32.5M34.7M36.7M36.7M28.0M
Liabilities And Stockholders Equity640.5M785.8M882.6M995.9M1.1B1.1B
Non Current Liabilities Total174.9M262.8M397.9M456.6M455.5M478.3M
Other Current Assets7.4M4.6M7.3M16.8M18.1M19.0M
Other Stockholder Equity193.8M170.6M98.8M49.3M58.8M55.9M
Total Liab259.5M391.7M517.8M585.8M534.0M560.7M
Property Plant And Equipment Gross39.9M50.4M48.1M45.1M70.0M73.5M
Total Current Assets211.9M226.5M214.7M255.6M326.0M342.3M
Accumulated Other Comprehensive Income(2.7M)3.7M(5.8M)(17.5M)(5.5M)(5.2M)
Common Stock48K49K50K53K61.0K35.6K
Net Debt73.6M129.5M325.6M393.3M284.4M298.7M
Cash70.7M83.2M24.4M30.1M128.9M135.3M
Cash And Short Term Investments70.7M83.2M24.4M30.1M128.9M135.3M
Net Receivables129.1M133.1M177.6M202.3M179.0M187.9M
Short Long Term Debt Total144.3M212.7M350.0M423.4M413.3M434.0M
Non Currrent Assets Other15.2M17.3M23.3M23.1M52.4M55.0M
Other Assets15.2M55.9M23.3M41.1M47.3M49.6M
Long Term Debt124.7M183.6M326.1M394.6M396.9M416.7M
Good Will335.6M427.9M515.2M565.2M581.4M552.3M
Short Term Debt9.0M10.3M11.5M10.3M7M8.7M
Intangible Assets38.0M63.6M81.3M88.9M71.1M39.4M
Property Plant Equipment12.2M11.9M14.7M45.1M51.8M54.4M
Current Deferred Revenue7.7M9.4M8.2M12.7M5.5M5.6M
Inventory4.6M5.6M5.4M6.4M1.00.95
Other Liab30.6M50.1M47.8M43.5M50.0M52.5M
Treasury Stock(233.7M)(261.6M)(289.2M)(324.4M)(292.0M)(277.4M)
Net Tangible Assets7.5M(97.4M)(231.7M)(244.0M)(219.6M)(208.6M)
Retained Earnings Total Equity152.7M189.8M219.6M271.7M312.5M328.1M
Capital Surpluse437.3M455.5M459.9M423.2M486.7M408.1M
Non Current Liabilities Other50.2M79.2M71.7M5.9M5.0M4.7M

Pair Trading with Perficient

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Perficient position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Perficient will appreciate offsetting losses from the drop in the long position's value.

Moving together with Perficient Stock

  0.79G Genpact Limited Sell-off TrendPairCorr
  0.68KD Kyndryl Holdings Financial Report 21st of May 2024 PairCorr
The ability to find closely correlated positions to Perficient could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perficient when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Perficient - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Perficient to buy it.
The correlation of Perficient is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perficient moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perficient moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Perficient can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Perficient is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Perficient Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Perficient Stock. Highlighted below are key reports to facilitate an investment decision about Perficient Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perficient. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Perficient Stock please use our How to Invest in Perficient guide.
Note that the Perficient information on this page should be used as a complementary analysis to other Perficient's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Perficient Stock analysis

When running Perficient's price analysis, check to measure Perficient's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perficient is operating at the current time. Most of Perficient's value examination focuses on studying past and present price action to predict the probability of Perficient's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perficient's price. Additionally, you may evaluate how the addition of Perficient to your portfolios can decrease your overall portfolio volatility.
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Is Perficient's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perficient. If investors know Perficient will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perficient listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Earnings Share
2.34
Revenue Per Share
26.15
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0689
The market value of Perficient is measured differently than its book value, which is the value of Perficient that is recorded on the company's balance sheet. Investors also form their own opinion of Perficient's value that differs from its market value or its book value, called intrinsic value, which is Perficient's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perficient's market value can be influenced by many factors that don't directly affect Perficient's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Perficient's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perficient is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perficient's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.