Perry Ellis International Upgraded by Zacks to Neutral (PERY)
Perry Ellis International (NASDAQ:PERY) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Tuesday, Analyst Ratings Network reports. The firm currently has a $16.60 price objective on the stock. Zacks‘ target price would indicate a potential upside of 2.72% from the company’s current price.
Perry Ellis International (NASDAQ:PERY) last released its earnings data on Thursday, November 21st. The company reported ($0.15) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.11) by $0.04. The company had revenue of $221.10 million for the quarter, compared to the consensus estimate of $225.50 million. During the same quarter last year, the company posted $0.25 earnings per share. Perry Ellis International’s revenue was down 6.0% compared to the same quarter last year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Thomson Reuters/Verus downgraded shares of Perry Ellis International from a “hold” rating to a “sell” rating in a research note to investors on Monday, December 16th. Separately, analysts at Roth Capital cut their price target on shares of Perry Ellis International to $18.00 in a research note to investors on Thursday, November 14th. They now have a “buy” rating on the stock. Finally, analysts at KeyCorp cut their price target on shares of Perry Ellis International from $25.00 to $20.00 in a research note to investors on Thursday, November 14th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $18.20.
Perry Ellis International, Inc(NASDAQ:PERY) is a apparel company in the United States.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.