Perfect (NYSE:PERF) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen lowered shares of Perfect (NYSE:PERF) from a buy rating to a hold rating in a research note released on Friday morning.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Perfect in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Perfect presently has a consensus rating of “Sell”.

Perfect Price Performance

Shares of NYSE PERF opened at $1.71 on Friday. The stock has a market cap of $144.60 million, a PE ratio of 34.11, a price-to-earnings-growth ratio of 1.94 and a beta of 0.45. Perfect has a 1 year low of $1.51 and a 1 year high of $2.67. The firm has a fifty day moving average price of $1.75 and a 200-day moving average price of $1.93.

Perfect (NYSE:PERF) last issued its earnings results on Tuesday, October 28th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $18.66 million during the quarter, compared to the consensus estimate of $17.66 million. Perfect had a net margin of 8.48% and a return on equity of 3.55%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PERF. Heron Bay Capital Management bought a new stake in shares of Perfect in the second quarter worth about $27,000. BNP Paribas Financial Markets bought a new position in Perfect during the second quarter valued at approximately $30,000. Dimensional Fund Advisors LP grew its holdings in Perfect by 63.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock valued at $76,000 after buying an additional 15,754 shares in the last quarter. Finally, GSA Capital Partners LLP increased its stake in Perfect by 222.8% in the 3rd quarter. GSA Capital Partners LLP now owns 62,315 shares of the company’s stock worth $117,000 after acquiring an additional 43,013 shares during the last quarter.

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.