Perfect Corp. (NYSE:PERF) Short Interest Update

Perfect Corp. (NYSE:PERF) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 7,052 shares, a drop of 46.2% from the May 14th total of 13,100 shares. Based on an average daily trading volume, of 82,796 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Perfect Stock Down 0.3%

Shares of PERF traded down $0.01 during trading hours on Monday, reaching $1.68. 123,726 shares of the company traded hands, compared to its average volume of 78,372. The stock has a market capitalization of $170.60 million, a PE ratio of 33.51, a price-to-earnings-growth ratio of 1.60 and a beta of 0.30. Perfect has a fifty-two week low of $1.24 and a fifty-two week high of $2.67. The stock has a fifty day simple moving average of $1.68 and a 200 day simple moving average of $1.65.

Perfect (NYSE:PERF) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The business had revenue of $17.94 million for the quarter. Perfect had a return on equity of 3.02% and a net margin of 6.62%. Research analysts predict that Perfect will post 0.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on PERF shares. Noble Financial cut Perfect from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 29th. Weiss Ratings restated a “sell (d)” rating on shares of Perfect in a research report on Tuesday, April 21st. Finally, Freedom Capital cut Perfect from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Perfect currently has an average rating of “Reduce”.

Institutional Trading of Perfect

Large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted 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 acquiring an additional 464,702 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Perfect by 63.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock worth $76,000 after buying an additional 15,754 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Perfect by 164.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 34,595 shares of the company’s stock worth $65,000 after buying an additional 21,495 shares during the last quarter. Groupe la Francaise acquired a new stake in Perfect in the 1st quarter worth about $507,000. Finally, Credit Industriel ET Commercial acquired a new stake in Perfect in the 1st quarter worth about $338,000.

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.