Perry Ellis International Inc. (NASDAQ:PERY)‘s stock had its “hold” rating reaffirmed by KeyCorp in a research report issued on Thursday.

A number of other equities research analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Wunderlich reissued a “buy” rating and set a $35.00 price target on shares of Perry Ellis International in a research note on Friday, May 19th. ValuEngine downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. FBR & Co restated an “outperform” rating and set a $25.00 price objective on shares of Perry Ellis International in a report on Tuesday, July 11th. Finally, TheStreet cut shares of Perry Ellis International from a “b-” rating to a “c+” rating in a report on Friday, August 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $27.00.

Shares of Perry Ellis International (NASDAQ PERY) traded up 7.18% during trading on Thursday, hitting $21.35. 305,767 shares of the stock traded hands. The stock has a 50 day moving average price of $18.94 and a 200-day moving average price of $20.21. Perry Ellis International has a 1-year low of $16.35 and a 1-year high of $29.00. The stock has a market cap of $321.83 million, a price-to-earnings ratio of 18.70 and a beta of 0.69.

Perry Ellis International (NASDAQ:PERY) last announced its earnings results on Thursday, August 24th. The textile maker reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.06. Perry Ellis International had a net margin of 2.08% and a return on equity of 9.05%. The company had revenue of $206.60 million during the quarter, compared to the consensus estimate of $204.97 million. During the same period in the previous year, the firm posted $0.15 earnings per share. The company’s revenue was up 2.5% on a year-over-year basis. Equities analysts forecast that Perry Ellis International will post $2.13 EPS for the current year.

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Several hedge funds have recently made changes to their positions in the company. North Star Investment Management Corp. raised its stake in shares of Perry Ellis International by 4.1% in the first quarter. North Star Investment Management Corp. now owns 76,650 shares of the textile maker’s stock worth $1,646,000 after buying an additional 3,000 shares in the last quarter. Bowling Portfolio Management LLC raised its stake in shares of Perry Ellis International by 23.7% in the first quarter. Bowling Portfolio Management LLC now owns 31,119 shares of the textile maker’s stock worth $668,000 after buying an additional 5,968 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Perry Ellis International during the first quarter worth approximately $122,000. Nine Chapters Capital Management LLC acquired a new stake in shares of Perry Ellis International during the first quarter worth approximately $346,000. Finally, Pacific Ridge Capital Partners LLC raised its stake in shares of Perry Ellis International by 30.0% in the first quarter. Pacific Ridge Capital Partners LLC now owns 36,790 shares of the textile maker’s stock worth $790,000 after buying an additional 8,490 shares in the last quarter. 72.93% of the stock is currently owned by institutional investors and hedge funds.

About Perry Ellis International

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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