Perry Ellis International, Inc. (NASDAQ:PERY) has earned an average recommendation of “Buy” from the ten brokerages that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $30.00.

A number of analysts have commented on the stock. BidaskClub raised shares of Perry Ellis International from a “hold” rating to a “buy” rating in a research report on Friday. Zacks Investment Research raised shares of Perry Ellis International from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research report on Tuesday, December 5th. KeyCorp reaffirmed a “neutral” rating on shares of Perry Ellis International in a research report on Friday, September 29th. Ifs Securities reaffirmed an “outperform” rating on shares of Perry Ellis International in a research report on Tuesday, October 31st. Finally, B. Riley reaffirmed a “buy” rating on shares of Perry Ellis International in a research report on Wednesday, November 1st.

Shares of Perry Ellis International (NASDAQ:PERY) opened at $25.56 on Monday. The company has a current ratio of 3.56, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. The company has a market cap of $400.47, a price-to-earnings ratio of 15.12 and a beta of 0.62. Perry Ellis International has a 1 year low of $16.35 and a 1 year high of $25.99.

Perry Ellis International (NASDAQ:PERY) last issued its quarterly earnings results on Thursday, November 30th. The textile maker reported $0.25 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.25. The business had revenue of $198.80 million for the quarter, compared to analysts’ expectations of $199.40 million. Perry Ellis International had a net margin of 3.05% and a return on equity of 8.95%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.23 earnings per share. equities research analysts expect that Perry Ellis International will post 2.15 EPS for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its position in shares of Perry Ellis International by 42.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,597 shares of the textile maker’s stock worth $109,000 after purchasing an additional 1,662 shares in the last quarter. First Trust Advisors LP bought a new position in shares of Perry Ellis International during the 3rd quarter worth about $235,000. Algert Global LLC bought a new position in shares of Perry Ellis International during the 3rd quarter worth about $243,000. Wells Fargo & Company MN boosted its position in shares of Perry Ellis International by 3.6% during the 2nd quarter. Wells Fargo & Company MN now owns 10,282 shares of the textile maker’s stock worth $200,000 after purchasing an additional 359 shares in the last quarter. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Perry Ellis International during the 3rd quarter worth about $244,000. 72.62% of the stock is currently owned by institutional investors.

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Perry Ellis International Company Profile

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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