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Communication Services - Internet Content & Information - NASDAQ - IL
$ 8.38
-4.12 %
$ 396 M
Market Cap
9.11
P/E
1. INTRINSIC VALUE

Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It provides Wildfire, a content monetization platform; search monetization solutions, including website monetization, search mediation, and app monetization; and cross-channel digital advertising software as a service platform. The company also offers supply management platform; demand management platform for campaign planning and design; analytics platform, which provides information and performance insights on the results of campaign investment and other campaign metrics; creative platform to create advertisements; and an AI platform that uses machine learning to bring intelligence to the various phases of campaigns. In addition, it provides an actionable performance monitoring platform to support the various phases of campaign management; an online video player and integrated ad server to upload, manage, and stream video content; content monetization system, which integrates ads within the content layouts at the page level.[ Read More ]

The intrinsic value of one PERI stock under the base case scenario is HIDDEN Compared to the current market price of 8.38 USD, Perion Network Ltd. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PERI

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FINANCIALS
743 M REVENUE
16.07%
117 M OPERATING INCOME
6.94%
117 M NET INCOME
18.33%
155 M OPERATING CASH FLOW
27.30%
-133 M INVESTING CASH FLOW
-184.85%
-10.8 M FINANCING CASH FLOW
-232.20%
102 M REVENUE
-5.97%
-2.81 M OPERATING INCOME
37.18%
2.11 M NET INCOME
134.05%
16.1 M OPERATING CASH FLOW
178.91%
28.5 M INVESTING CASH FLOW
-33.92%
-36.2 M FINANCING CASH FLOW
29.30%
Balance Sheet Decomposition Perion Network Ltd.
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Current Assets 727 M
Cash & Short-Term Investments 473 M
Receivables 232 M
Other Current Assets 22.4 M
Non-Current Assets 359 M
Long-Term Investments 8.76 M
PP&E 9.79 M
Other Non-Current Assets 341 M
Current Liabilities 340 M
Accounts Payable 217 M
Short-Term Debt 4.2 M
Other Current Liabilities 119 M
Non-Current Liabilities 19.1 M
Long-Term Debt 3.45 M
Other Non-Current Liabilities 15.6 M
EFFICIENCY
Earnings Waterfall Perion Network Ltd.
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Revenue 743 M
Cost Of Revenue 485 M
Gross Profit 258 M
Operating Expenses 123 M
Operating Income 117 M
Other Expenses -673 K
Net Income 117 M
RATIOS
34.76% GROSS MARGIN
34.76%
15.71% OPERATING MARGIN
15.71%
15.80% NET MARGIN
15.80%
16.35% ROE
16.35%
10.81% ROA
10.81%
13.86% ROIC
13.86%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Perion Network Ltd.
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Net Income 117 M
Depreciation & Amortization 14.1 M
Capital Expenditures -811 K
Stock-Based Compensation 15.6 M
Change in Working Capital -3.21 M
Others 7.47 M
Free Cash Flow 155 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Perion Network Ltd.
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Wall Street analysts predict an average 1-year price target for PERI of $13.3 , with forecasts ranging from a low of $10 to a high of $16 .
PERI Lowest Price Target Wall Street Target
10 USD 19.33%
PERI Average Price Target Wall Street Target
13.3 USD 59.11%
PERI Highest Price Target Wall Street Target
16 USD 90.93%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
1.2 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Perion Network Ltd.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
16 years ago
Jun 27, 2008
Sell 2.34 M USD
LONGVIEW FUND LP
10 percent owner
- 900000
2.6 USD
16 years ago
Jun 27, 2008
Sell 2.34 M USD
LONGVIEW FUND LP
10 percent owner
- 900000
2.6 USD
16 years ago
Jun 04, 2008
Sell 283 K USD
LONGVIEW FUND LP
10 percent owner
- 94000
3.0081 USD
17 years ago
Jun 29, 2007
Bought 117 K USD
LONGVIEW FUND LP
10 percent owner
+ 15000
7.7901 USD
17 years ago
Oct 01, 2007
Bought 87.5 K USD
LONGVIEW FUND LP
10 percent owner
+ 9700
9.02 USD
17 years ago
Sep 28, 2007
Bought 88.2 K USD
LONGVIEW FUND LP
10 percent owner
+ 9800
9 USD
17 years ago
Sep 20, 2007
Bought 852 K USD
LONGVIEW FUND LP
10 percent owner
+ 100000
8.52 USD
17 years ago
Sep 14, 2007
Bought 150 K USD
LONGVIEW FUND LP
10 percent owner
+ 17500
8.591 USD
17 years ago
Aug 31, 2007
Bought 640 K USD
LONGVIEW FUND LP
10 percent owner
+ 76236
8.3925 USD
17 years ago
Aug 30, 2007
Bought 205 K USD
LONGVIEW FUND LP
10 percent owner
+ 25000
8.183 USD
17 years ago
Jul 03, 2007
Bought 12.8 K USD
LONGVIEW FUND LP
10 percent owner
+ 1730
7.42 USD
17 years ago
Jun 28, 2007
Bought 7.58 K USD
LONGVIEW FUND LP
10 percent owner
+ 1000
7.58 USD
17 years ago
Jun 27, 2007
Bought 62.4 K USD
LONGVIEW FUND LP
10 percent owner
+ 8000
7.7941 USD
17 years ago
Jun 26, 2007
Bought 98.4 K USD
LONGVIEW FUND LP
10 percent owner
+ 12800
7.6846 USD
17 years ago
Mar 15, 2007
Bought 5.8 K USD
LONGVIEW FUND LP
10 percent owner
+ 800
7.25 USD
17 years ago
Mar 15, 2007
Sell 6.01 K USD
LONGVIEW FUND LP
10 percent owner
- 800
7.51 USD
17 years ago
Feb 08, 2007
Bought 226 K USD
LONGVIEW FUND LP
10 percent owner
+ 35000
6.47 USD
17 years ago
Feb 06, 2007
Bought 46.8 K USD
LONGVIEW FUND LP
10 percent owner
+ 7311
6.4 USD
17 years ago
Feb 01, 2007
Bought 64.5 K USD
LONGVIEW FUND LP
10 percent owner
+ 10000
6.45 USD
17 years ago
Feb 01, 2007
Bought 97.1 K USD
LONGVIEW FUND LP
10 percent owner
+ 15000
6.4738 USD
7. News
Perion Network Announces Conference Participation in November - December 2024 NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced today that it will participate in the following conferences: 13th Annual ROTH Technology Conference on November 20th in New York UBS Global Media and Communications Conference on December 9th in New York Raymond James TMT and Consumer Conference on December 10th in New York At each of these events, ma. businesswire.com - 3 days ago
Perion Q3 Earnings: Cheaply Valued, Yet Capital Allocation Will Be Key Q3 earnings show that the business continues to face declining revenue in its larger Search and open web related segments. However, profitability remains solid, with strong growth in its smaller CTV, Retail media and DOOH businesses. The company's net cash represents 90% of the current market cap and provides downside protection. seekingalpha.com - 1 week ago
Perion Network Ltd. (PERI) Q3 2024 Earnings Call Transcript Perion Network Ltd. (NASDAQ:PERI ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Tal Jacobson - Chief Executive Officer Elad Tzubery - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James Jason Helfstein - Oppenheimer Eric Martinuzzi - Lake Street Capital Laura Martin - Needham and Company Jeff Martin - ROTH Capital Partners Mark Kelley - Stifel Operator Hello, everybody, and welcome to the Perion Network Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 1 week ago
Perion Network (PERI) Tops Q3 Earnings and Revenue Estimates Perion Network (PERI) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.84 per share a year ago. zacks.com - 1 week ago
Perion Reports Third Quarter 2024 Results NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, today reported its financial results for the third quarter ended September 30, 2024. “Third-quarter results were in line with our expectations as we continue to capitalize on the strength of DOOH, Retail Media, and CTV,” commented Tal Jacobson, Perion's CEO. “All three growth engines delivered strong results in t. businesswire.com - 1 week ago
Negative Enterprise Value: Is Wall Street Paying You To Buy Perion Network? Perion Network is very undervalued, trading near its net cash level of $400 million, offering significant upside in a business turnaround. Despite recent operational challenges and -70% share selloff, the company runs several units growing at a fast clip. Technical trading indicators suggest a potential price bounce, with targets between $12 and $22 if sales stabilize and cash levels increase. seekingalpha.com - 2 months ago
Perion Network Announces Conference Participation in August-September 2024 NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced today that it will participate in the following conferences: Oppenheimer's 27th Annual Technology, Internet & Communications Conference on August 12 (Virtual) Lake Street BIG8 Investor Conference on September 12 in New York At each of these events, management will host one-on-one meetings with inv. businesswire.com - 3 months ago
Perion Network Q2 Results: Decent Quarter, But Confidence Remains Shaky Q2 results show revenue down 39% y/y, but growth in technologies like Retail media, CTV Advertising, and DOOH softens the blow. Management's handling of Bing Search changes raises questions, but promising diversification efforts and growth in other technologies show potential. Cost-cutting measures and potential for aggressive share buybacks with $400m in cash make Perion Network a buy at the current price, despite lingering concerns. seekingalpha.com - 3 months ago
Perion Q2 Earnings: Focus On Its 3 Key Growth Drivers (Rating Downgrade) The business has faced multiple challenges recently, which has led to a drastic decline in its share price. However, Q2 earnings show that growth in CTV, Retail media and DOOH remains strong and will be key to the thesis going forward. The company's net cash provides downside protection, and management is aggressively repurchasing shares. seekingalpha.com - 3 months ago
Perion Network (PERI) Reports Q2 Earnings: What Key Metrics Have to Say The headline numbers for Perion Network (PERI) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 3 months ago
Perion Network (PERI) Tops Q2 Earnings and Revenue Estimates Perion Network (PERI) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.84 per share a year ago. zacks.com - 3 months ago
Perion Network (PERI) to Report Q2 Earnings: What to Expect Perion Network's (PERI) second-quarter earnings are expected to have benefited from its diversified portfolio in the advertising industry. zacks.com - 3 months ago
8. Profile Summary

Perion Network Ltd. PERI

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COUNTRY IL
INDUSTRY Internet Content & Information
MARKET CAP $ 396 M
Dividend Yield 0.00%
Description Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It provides Wildfire, a content monetization platform; search monetization solutions, including website monetization, search mediation, and app monetization; and cross-channel digital advertising software as a service platform. The company also offers supply management platform; demand management platform for campaign planning and design; analytics platform, which provides information and performance insights on the results of campaign investment and other campaign metrics; creative platform to create advertisements; and an AI platform that uses machine learning to bring intelligence to the various phases of campaigns. In addition, it provides an actionable performance monitoring platform to support the various phases of campaign management; an online video player and integrated ad server to upload, manage, and stream video content; content monetization system, which integrates ads within the content layouts at the page level. Further, the company offers a publisher management system that provides analytics and performance optimization tools, as well as reports; search-demand management systems; monetization products that integrate and onboards demand vendors; and AI Systems. Additionally, it provides Intelligent HUB (iHUB), a platform for pulling in signals across various advertising channels and optimizing traffic at scale, and yielding engagement metrics and KPIs; and strategic optimization of relevant traits (SORT), a provisional patent technology that eliminates the need for cookies. The company was formerly known as IncrediMail Ltd. and changed its name to Perion Network Ltd. in November 2011. Perion Network Ltd. was incorporated in 1999 and is headquartered in Holon, Israel.
Contact 26 HaRokmim Street, Holon, 5885849 https://www.perion.com
IPO Date Jan. 31, 2006
Employees 420
Officers Mr. Ran Cohen Chief Strategy Officer Mr. Maoz Sigron Chief Operating Officer Mr. Rami Rozen Vice President of Investor Relations Mr. Elad Tzubery Chief Financial Officer Mr. Kenny Lau Chief Product Officer of Advertiser Solutions Ms. Erin McCallion Chief Marketing Officer Ms. Adi Zackai Mates Senior Vice President of Human Resource Mr. Tal Jacobson Chief Executive Officer & Director Mr. Daniel E. Aks President of Undertone Mr. Avi Zimak Chief Growth Officer