Perry Ellis International Inc. (NASDAQ:PERY)‘s stock had its “hold” rating reissued by equities research analysts at KeyCorp in a research note issued to investors on Tuesday.

A number of other equities research analysts have also recently commented on the company. Zacks Investment Research raised Perry Ellis International from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Friday, September 1st. TheStreet cut Perry Ellis International from a “b-” rating to a “c+” rating in a research note on Friday, August 18th. Finally, FBR & Co set a $25.00 price objective on Perry Ellis International and gave the stock a “buy” rating in a research note on Monday, August 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $28.75.

Perry Ellis International (NASDAQ:PERY) last announced its quarterly earnings data on Thursday, August 24th. The textile maker reported $0.16 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $206.60 million during the quarter, compared to analysts’ expectations of $204.97 million. During the same period in the previous year, the firm earned $0.15 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year.

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In other Perry Ellis International news, insider Stanley P. Silverstein sold 13,507 shares of Perry Ellis International stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $22.11, for a total transaction of $298,639.77. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Luis S. Paez sold 3,812 shares of Perry Ellis International stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of $21.55, for a total value of $82,148.60. The disclosure for this sale can be found here. Insiders own 20.20% of the company’s stock.

Several institutional investors have recently modified their holdings of 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 purchasing an additional 295 shares in the last quarter. 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 purchasing an additional 359 shares in the last quarter. 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 purchasing an additional 993 shares in the last quarter. 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 purchasing an additional 1,200 shares in the last quarter. 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 purchasing an additional 1,263 shares in the last quarter. Institutional investors own 71.17% of the company’s stock.

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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