Perficient, Inc. (NASDAQ:PRFT)

CAPS Rating: 5 out of 5

The Company is an information technology consulting firm serving Global 2000 and other large enterprise customers throughout the United States.


Player Avatar tenmiles (99.46) Submitted: 11/7/2008 11:17:07 AM : Outperform Start Price: $4.41 PRFT Score: +190.06

Recent small cap drubbing, Perficient, looks attractive for those with 3-5 year horizon. IT consulting is a tough space right now, but this one is consistent grower with attractive value metrics after its price collapse: debt free, strong free cash flow, 10% ROE. Company continues to acquire marquee clients including Grumann and Blue Cross Florida during last quarter. Stock buyback in place; also has additional $75 line of credit - appears safe to buy in the low 4's for all but the most short-term oriented. Stock price suggests free long-dated 'call option" from Accenture, if they would decide to make a pass at the company - unlikely, but could happen.

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