Perfect (NYSE:PERF) Issues Earnings Results

Perfect (NYSE:PERF) released its earnings results on Tuesday. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01, FiscalAI reports. The company had revenue of $18.13 million for the quarter. Perfect had a return on equity of 2.43% and a net margin of 6.71%.

Perfect Stock Performance

Shares of Perfect stock traded down $0.05 on Thursday, hitting $1.34. 33,171 shares of the company traded hands, compared to its average volume of 108,531. Perfect has a 52 week low of $1.24 and a 52 week high of $2.67. The stock’s 50 day moving average price is $1.63 and its 200-day moving average price is $1.81.

Hedge Funds Weigh In On Perfect

Large investors have recently bought and sold shares of the business. Heron Bay Capital Management bought a new stake in Perfect during the 2nd quarter valued at $27,000. BNP Paribas Financial Markets bought a new position in Perfect in the second quarter worth about $30,000. GSA Capital Partners LLP raised its holdings in 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 purchasing an additional 43,013 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Perfect by 63.7% during 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 during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Perfect by 13.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock valued at $7,129,000 after buying an additional 464,702 shares in the last quarter.

Analysts Set New Price Targets

PERF has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of Perfect from a “buy” rating to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings restated a “sell (d)” rating on shares of Perfect in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

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.