Perfect (NYSE:PERF) Raised to Buy at Wall Street Zen

Perfect (NYSE:PERF) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Perfect in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Perfect presently has an average rating of “Sell”.

Perfect Trading Down 1.5%

PERF opened at $1.92 on Friday. Perfect has a 12 month low of $1.51 and a 12 month high of $3.44. The firm has a market cap of $163.32 million, a PE ratio of 38.41, a P/E/G ratio of 3.68 and a beta of 0.45. The firm has a 50 day simple moving average of $1.96.

Perfect (NYSE:PERF) last posted its earnings results on Tuesday, October 28th. The company reported $0.02 EPS for the quarter. Perfect had a return on equity of 3.55% and a net margin of 8.48%.The firm had revenue of $18.66 million for the quarter, compared to analysts’ expectations of $17.66 million. Perfect has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On Perfect

A hedge fund recently bought a new stake in Perfect stock. Heron Bay Capital Management acquired a new position in shares of Perfect Corp. (NYSE:PERF) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,765 shares of the company’s stock, valued at approximately $27,000.

About Perfect

Perfect Corp. is a software as a service technology company, which engages in the business of developing makeup virtual try-on solutions. Its solutions include virtual try-ons for makeup, nail art, hairstyles, beard dye and styling, eyewear, jewelry, advanced skin diagnostic technology, foundation shade finder, and interactive artificial reality makeup application tutorial platform.