Perry Ellis International Rating Reiterated by Deutsche Bank (PERY)
Perry Ellis International (NASDAQ:PERY)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank in a report issued on Tuesday. They currently have a $18.00 price target on the stock, up from their previous price target of $17.00. Deutsche Bank’s target price points to a potential downside of 9.46% from the stock’s previous close.
Perry Ellis International (NASDAQ:PERY) traded up 1.48% on Tuesday, hitting $20.175. 129,102 shares of the company’s stock traded hands. Perry Ellis International has a 52-week low of $12.37 and a 52-week high of $21.29. The stock’s 50-day moving average is $18.67 and its 200-day moving average is $16.19. The company’s market cap is $300.7 million.
Perry Ellis International (NASDAQ:PERY) last announced its earnings results on Thursday, August 21st. The company reported ($0.08) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.13) by $0.05. The company had revenue of $196.00 million for the quarter, compared to the consensus estimate of $208.00 million. During the same quarter in the prior year, the company posted ($0.15) earnings per share. The company’s quarterly revenue was down 7.4% on a year-over-year basis. On average, analysts predict that Perry Ellis International will post $0.93 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Benchmark Co. reiterated a “buy” rating on shares of Perry Ellis International in a research note on Friday. They now have a $23.00 price target on the stock, up previously from $20.00. Separately, analysts at KeyCorp downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Friday. They now have a $20.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Sidoti downgraded shares of Perry Ellis International from a “buy” rating to a “neutral” rating in a research note on Wednesday, August 13th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Perry Ellis International has a consensus rating of “Hold” and a consensus target price of $19.76.
Perry Ellis International, Inc, is an apparel company in the United States. The Company manages a portfolio of brands.
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.