Shares of Perry Ellis International, Inc. (NASDAQ:PERY) have earned a consensus rating of “Buy” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $31.00.

Several analysts have recently weighed in on PERY shares. BidaskClub lowered shares of Perry Ellis International from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Ifs Securities reissued an “outperform” rating on shares of Perry Ellis International in a report on Tuesday, October 31st. KeyCorp reissued a “neutral” rating on shares of Perry Ellis International in a report on Friday, September 29th. Zacks Investment Research lowered shares of Perry Ellis International from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Finally, FBR & Co set a $27.00 price target on shares of Perry Ellis International and gave the company a “buy” rating in a report on Tuesday, October 17th.

Several institutional investors have recently modified their holdings of PERY. Rhumbline Advisers increased its holdings in shares of Perry Ellis International by 1.1% in the second quarter. Rhumbline Advisers now owns 27,025 shares of the textile maker’s stock valued at $526,000 after purchasing an additional 295 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Perry Ellis International by 14.4% in the second quarter. Legal & General Group Plc now owns 22,675 shares of the textile maker’s stock valued at $441,000 after purchasing an additional 2,848 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of Perry Ellis International by 42.2% in the second quarter. BNP Paribas Arbitrage SA now owns 5,597 shares of the textile maker’s stock valued at $109,000 after purchasing an additional 1,662 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of Perry Ellis International by 14.4% in the second quarter. Prudential Financial Inc. now owns 133,533 shares of the textile maker’s stock valued at $2,599,000 after purchasing an additional 16,848 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Perry Ellis International by 1.6% in the second quarter. Principal Financial Group Inc. now owns 93,346 shares of the textile maker’s stock valued at $1,817,000 after purchasing an additional 1,465 shares in the last quarter. 72.94% of the stock is owned by institutional investors and hedge funds.

Perry Ellis International (PERY) traded down $0.45 during midday trading on Friday, hitting $25.54. 54,909 shares of the stock traded hands, compared to its average volume of 68,741. The firm has a market capitalization of $400.16, a price-to-earnings ratio of 15.11 and a beta of 0.62. The company has a current ratio of 3.56, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. Perry Ellis International has a 12 month low of $16.35 and a 12 month high of $26.09.

Perry Ellis International (NASDAQ:PERY) last posted its quarterly earnings data on Thursday, November 30th. The textile maker reported $0.25 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. The company had revenue of $198.80 million during the quarter, compared to analyst estimates of $199.40 million. Perry Ellis International had a net margin of 3.05% and a return on equity of 8.95%. The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business posted $0.23 earnings per share. research analysts expect that Perry Ellis International will post 2.15 earnings per share for the current year.

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Perry Ellis International Company Profile

Perry Ellis International, Inc is an apparel company. The Company designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution. It operates through four segments: Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing.

Analyst Recommendations for Perry Ellis International (NASDAQ:PERY)

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