Perfect (NYSE:PERF) Downgraded by Freedom Capital to Hold

Freedom Capital cut shares of Perfect (NYSE:PERF) from a strong-buy rating to a hold rating in a report published on Monday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. Wall Street Zen lowered shares of Perfect from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Perfect in a research report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Perfect Price Performance

Shares of NYSE:PERF opened at $1.68 on Monday. The business has a 50-day moving average of $1.52 and a two-hundred day moving average of $1.73. The firm has a market capitalization of $171.11 million, a PE ratio of 33.61, a P/E/G 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.

Perfect (NYSE:PERF) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. Perfect had a return on equity of 2.42% and a net margin of 6.71%.The business had revenue of $18.13 million for the quarter.

Institutional Investors Weigh In On Perfect

A number of large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets purchased a new stake in shares of Perfect during the 2nd quarter valued at about $30,000. GSA Capital Partners LLP boosted its holdings 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 period. Dimensional Fund Advisors LP boosted its holdings 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 acquiring an additional 15,754 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in Perfect by 13.4% in 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 in 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.