PRFT Forecast


Bullish Case: EQT acquisition at $76/share places a floor, historical resilience indicates potential recovery, and Schroder's increased stake hints at confidence.


Bearish Case: Significant insider selling, recent underperformance (-20.8% YoY), flat volatility structure, and excess put volume suggest further decline.


Potential Outcomes:

1. Stability: ~70% (acquisition floor).

2. Further decline ~20%.

3. Upward spike ~10% (strong earnings or positive news).


Trading Oracle: Execute a short-term bullish debit spread. Buy $75 strike calls and sell $80 strike calls for November 2024 expiry. This leverages the floor set by EQT acquisition, low implied volatility, and minimizes risk with high reward:risk. Exit trade pre-expiry.


July 20, 2024


Perficient Forecast

PRFT      Perficient











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