$Perficient (PRFT.US)$🎯 2023.8.22 The current price is 60.7...

New data: 2023Q1 and Q2

In the first half of 2023, revenue increased by 4%, operating profit declined by 3.5% due to a decline in gross margin and excessive sales and management expenses, and a 3.2% decline in net profit. Interest expenses account for 1.2% of operating profit, and the burden can be ignored.

The balance ratio fell from 58.8% to 53.2% in the first half of the year, and accounts receivable declined.

Net cash flow from operations still significantly exceeds net investment, and shareholder surpluses are high.

Currently, the price-earnings ratio is 20.8, and the price-earnings ratio TTM has slightly increased to 21.1. Considering the long-term growth rate, it is still possible to increase positions with caution (⭐️)