Fintel reports that on July 26, 2023, Piper Sandler maintained coverage of Perfect Corp - (NYSE:PERF) with a Neutral recommendation.
Analyst Price Forecast Suggests 38.15% Upside
As of July 6, 2023, the average one-year price target for Perfect Corp - is 6.12. The forecasts range from a low of 6.06 to a high of $6.30. The average price target represents an increase of 38.15% from its latest reported closing price of 4.43.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Perfect Corp - is 67MM, an increase of 37.83%. The projected annual non-GAAP EPS is 0.06.
What is the Fund Sentiment?
There are 13 funds or institutions reporting positions in Perfect Corp -. This is a decrease of 1 owner(s) or 7.14% in the last quarter. Average portfolio weight of all funds dedicated to PERF is 1.17%, a decrease of 50.88%. Total shares owned by institutions decreased in the last three months by 0.04% to 28,379K shares.
What are Other Shareholders Doing?
Goldman Sachs Group holds 14,520K shares representing 12.28% ownership of the company. In it's prior filing, the firm reported owning 14,518K shares, representing an increase of 0.01%. The firm decreased its portfolio allocation in PERF by 20.12% over the last quarter.
Alibaba Group Holding holds 10,888K shares representing 9.21% ownership of the company. No change in the last quarter.
Ward Ferry Management holds 2,887K shares representing 2.44% ownership of the company. No change in the last quarter.
Quent Capital holds 67K shares representing 0.06% ownership of the company. No change in the last quarter.
Citigroup holds 9K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 11K shares, representing a decrease of 26.18%. The firm decreased its portfolio allocation in PERF by 72.80% over the last quarter.
Additional reading:
- PERFECT CORP. AND SUBSIDIARIES UNAUDITED CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2022 AND JUNE 30, 2023 (Expressed in thousands of United States dollars)
- Perfect Corp. Announces US$20 million Share Repurchase Plan by the Company
- PERFECT CORP. AND SUBSIDIARIES UNAUDITED CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2022 AND MARCH 31, 2023 (Expressed in thousands of United States dollars)
- DESCRIPTION OF SECURITIES
- SUBSIDIARIES OF PERFECT CORP.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
