Perfect (NYSE:PERF) Rating Lowered to “Hold” at Freedom Capital

Perfect (NYSE:PERF) was downgraded by investment analysts at Freedom Capital from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Several other equities analysts also recently issued reports on PERF. Weiss Ratings reissued a “sell (d)” rating on shares of Perfect in a report on Thursday, January 22nd. Wall Street Zen cut shares of Perfect from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Perfect currently has a consensus rating of “Reduce”.

Perfect Trading Up 1.2%

Shares of NYSE PERF opened at $1.68 on Monday. The company has a market cap of $171.11 million, a price-to-earnings ratio of 33.61, a price-to-earnings-growth ratio of 1.95 and a beta of 0.47. Perfect has a 12-month low of $1.24 and a 12-month high of $2.67. The stock’s 50 day simple moving average is $1.52 and its 200 day simple moving average is $1.73.

Perfect (NYSE:PERF) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $18.13 million during the quarter. Perfect had a return on equity of 2.42% and a net margin of 6.71%.

Institutional Trading of Perfect

Several large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets bought a new stake in Perfect during the 2nd quarter valued at $30,000. Dimensional Fund Advisors LP grew its stake in shares of Perfect by 63.7% in the third quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock worth $76,000 after purchasing an additional 15,754 shares in the last quarter. GSA Capital Partners LLP increased its holdings in shares of Perfect by 222.8% during the third quarter. GSA Capital Partners LLP now owns 62,315 shares of the company’s stock valued at $117,000 after purchasing an additional 43,013 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of Perfect by 13.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock valued at $7,129,000 after purchasing an additional 464,702 shares in the last quarter.

Perfect Company Profile

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.