Perfect (NYSE:PERF) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Perfect (NYSE:PERF) from a hold rating to a buy rating in a research report released on Saturday morning.

Separately, Weiss Ratings restated 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 MarketBeat.com, the company has an average rating of “Sell”.

Perfect Stock Up 7.0%

NYSE:PERF opened at $2.07 on Friday. The company has a market cap of $175.65 million, a P/E ratio of 41.31, a price-to-earnings-growth ratio of 3.68 and a beta of 0.45. The stock has a 50 day moving average price of $1.96. Perfect has a 1-year low of $1.51 and a 1-year high of $3.44.

Perfect (NYSE:PERF) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.02 EPS for the quarter. Perfect had a net margin of 8.48% and a return on equity of 3.55%. The firm had revenue of $18.66 million for the quarter, compared to the consensus estimate of $17.66 million. Perfect has set its FY 2025 guidance at EPS.

Institutional Trading of Perfect

An institutional investor recently bought a new position in Perfect stock. Heron Bay Capital Management purchased a new position in Perfect Corp. (NYSE:PERF) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,765 shares of the company’s stock, valued at approximately $27,000.

About Perfect

Perfect Corp. is a software as a service technology company, which engages in the business of developing makeup virtual try-on solutions. Its solutions include virtual try-ons for makeup, nail art, hairstyles, beard dye and styling, eyewear, jewelry, advanced skin diagnostic technology, foundation shade finder, and interactive artificial reality makeup application tutorial platform.