Perry Ellis International, Inc. (PERY) Given Average Recommendation of “Hold” by Brokerages

Shares of Perry Ellis International, Inc. (NASDAQ:PERY) have received a consensus recommendation of “Hold” from the ten analysts that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $30.00.

PERY has been the topic of several research reports. Zacks Investment Research raised Perry Ellis International from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Tuesday, December 5th. BidaskClub downgraded Perry Ellis International from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. KeyCorp reissued a “hold” rating on shares of Perry Ellis International in a research report on Tuesday, October 31st. Finally, FBR & Co set a $27.00 target price on Perry Ellis International and gave the company a “buy” rating in a research report on Tuesday, October 17th.

A number of large investors have recently bought and sold shares of the business. Fuller & Thaler Asset Management Inc. boosted its holdings in Perry Ellis International by 264.2% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 53,900 shares of the textile maker’s stock valued at $1,350,000 after purchasing an additional 39,100 shares during the last quarter. Martingale Asset Management L P boosted its holdings in Perry Ellis International by 50.6% in the fourth quarter. Martingale Asset Management L P now owns 121,448 shares of the textile maker’s stock valued at $3,042,000 after purchasing an additional 40,817 shares during the last quarter. Royce & Associates LP purchased a new stake in Perry Ellis International in the fourth quarter valued at $6,165,000. BlackRock Inc. boosted its holdings in Perry Ellis International by 2.6% in the fourth quarter. BlackRock Inc. now owns 2,058,232 shares of the textile maker’s stock valued at $51,537,000 after purchasing an additional 51,502 shares during the last quarter. Finally, Rhumbline Advisers boosted its holdings in Perry Ellis International by 16.5% in the fourth quarter. Rhumbline Advisers now owns 32,255 shares of the textile maker’s stock valued at $808,000 after purchasing an additional 4,560 shares during the last quarter. 72.49% of the stock is currently owned by institutional investors.

Perry Ellis International (NASDAQ PERY) opened at $26.71 on Tuesday. The stock has a market capitalization of $419.28, a price-to-earnings ratio of 15.80, a PEG ratio of 3.90 and a beta of 0.60. The company has a current ratio of 3.56, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. Perry Ellis International has a 12-month low of $16.35 and a 12-month high of $27.27.

Perry Ellis International (NASDAQ:PERY) last issued its quarterly earnings results on Thursday, November 30th. The textile maker reported $0.25 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.25. Perry Ellis International had a return on equity of 8.95% and a net margin of 3.05%. The business had revenue of $198.80 million for the quarter, compared to the consensus estimate of $199.40 million. During the same period in the prior year, the firm posted $0.23 earnings per share. The business’s quarterly revenue was up 2.5% on a year-over-year basis. equities research analysts anticipate that Perry Ellis International will post 2.13 EPS for the current year.

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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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