Perry Ellis International Inc. (NASDAQ:PERY)‘s stock had its “outperform” rating reissued by stock analysts at Ifs Securities in a report released on Tuesday.

Several other research analysts have also recently issued reports on PERY. Zacks Investment Research cut Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. FBR & Co set a $27.00 price target on Perry Ellis International and gave the stock a “buy” rating in a research note on Tuesday, October 17th. KeyCorp reissued a “hold” rating on shares of Perry Ellis International in a research note on Thursday, August 24th. BidaskClub cut Perry Ellis International from a “hold” rating to a “sell” rating in a research note on Friday, August 18th. Finally, TheStreet cut Perry Ellis International from a “b-” rating to a “c+” rating in a research note on Friday, August 18th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. Perry Ellis International has an average rating of “Hold” and an average price target of $28.75.

Perry Ellis International (NASDAQ:PERY) last released its quarterly earnings results on Thursday, August 24th. The textile maker reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.06. Perry Ellis International had a return on equity of 9.05% and a net margin of 2.08%. The company had revenue of $206.60 million during the quarter, compared to analysts’ expectations of $204.97 million. During the same quarter in the prior year, the business posted $0.15 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year.

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In other news, insider Luis S. Paez sold 3,812 shares of the company’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $21.55, for a total value of $82,148.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Stanley P. Silverstein sold 13,507 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $22.11, for a total value of $298,639.77. The disclosure for this sale can be found here. Corporate insiders own 22.20% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Rhumbline Advisers lifted 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 buying an additional 295 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Perry Ellis International by 3.6% in the second quarter. Wells Fargo & Company MN now owns 10,282 shares of the textile maker’s stock valued at $200,000 after buying an additional 359 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of Perry Ellis International by 4.0% in the first quarter. Public Employees Retirement System of Ohio now owns 25,631 shares of the textile maker’s stock valued at $551,000 after buying an additional 993 shares during the period. New York State Teachers Retirement System lifted its holdings in shares of Perry Ellis International by 4.6% in the first quarter. New York State Teachers Retirement System now owns 27,416 shares of the textile maker’s stock valued at $589,000 after buying an additional 1,200 shares during the period. Finally, Teachers Advisors LLC lifted its holdings in shares of Perry Ellis International by 5.7% in the second quarter. Teachers Advisors LLC now owns 23,540 shares of the textile maker’s stock valued at $458,000 after buying an additional 1,263 shares during the period. Institutional investors and hedge funds own 71.17% of the company’s stock.

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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