Perfect (NYSE:PERF) Cut to Hold at Freedom Capital

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

Several other brokerages have also commented on PERF. Weiss Ratings restated a “sell (d)” rating on shares of Perfect in a research note on Thursday, January 22nd. Wall Street Zen lowered Perfect from a “buy” rating to a “hold” rating in a research note on Friday, January 23rd. One 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, the company presently has an average rating of “Reduce”.

Perfect Stock Down 3.6%

Shares of PERF opened at $1.63 on Monday. Perfect has a fifty-two week low of $1.24 and a fifty-two week high of $2.67. The company’s fifty day moving average is $1.52 and its two-hundred day moving average is $1.73. The firm has a market cap of $166.02 million, a PE ratio of 32.61, a price-to-earnings-growth ratio of 1.99 and a beta of 0.30.

Perfect (NYSE:PERF) last released 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 business 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

Large investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. raised 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 purchasing an additional 464,702 shares during the period. GSA Capital Partners LLP boosted its position in shares of Perfect by 222.8% in the third quarter. GSA Capital Partners LLP now owns 62,315 shares of the company’s stock worth $117,000 after buying an additional 43,013 shares during the period. 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 valued at $76,000 after buying an additional 15,754 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Perfect by 164.1% in the third quarter. BNP Paribas Financial Markets now owns 34,595 shares of the company’s stock valued at $65,000 after buying an additional 21,495 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.