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Perry Ellis International (NASDAQ:PERY) was downgraded by research analysts at Sidoti from a “buy” rating to a “neutral” rating in a report released on Wednesday, TheFlyOnTheWall.com reports.

Perry Ellis International (NASDAQ:PERY) opened at 19.48 on Wednesday. Perry Ellis International has a 1-year low of $12.37 and a 1-year high of $21.18. The stock’s 50-day moving average is $18.25 and its 200-day moving average is $15.94. The company’s market cap is $287.9 million.

Perry Ellis International (NASDAQ:PERY) last announced its earnings results on Thursday, May 22nd. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.28 by $0.27. The company had revenue of $257.30 million for the quarter, compared to the consensus estimate of $235.47 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was down 1.9% on a year-over-year basis. Analysts expect that Perry Ellis International will post $0.91 EPS for the current fiscal year.

A number of other firms have also recently commented on PERY. Analysts at Zacks upgraded shares of Perry Ellis International from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 23rd. They now have a $19.80 price target on the stock. Separately, analysts at TheStreet upgraded shares of Perry Ellis International from a “sell” rating to a “hold” rating in a research note on Wednesday, June 11th. Finally, analysts at Benchmark Co. raised their price target on shares of Perry Ellis International from $17.00 to $20.00 in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $19.45.

Perry Ellis International, Inc, is an apparel company in the United States. The Company manages a portfolio of brands.

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