ValuEngine upgraded shares of Perry Ellis International (NASDAQ:PERY) from a buy rating to a strong-buy rating in a research report sent to investors on Thursday morning.

A number of other research firms also recently weighed in on PERY. BidaskClub upgraded Perry Ellis International from a hold rating to a buy rating in a report on Friday, December 22nd. Zacks Investment Research upgraded Perry Ellis International from a hold rating to a buy rating and set a $29.00 target price on the stock in a report on Tuesday, January 23rd. Finally, KeyCorp reiterated a hold rating on shares of Perry Ellis International in a report on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $29.63.

Perry Ellis International (PERY) opened at $26.51 on Thursday. Perry Ellis International has a twelve month low of $16.35 and a twelve month high of $27.27. 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 firm has a market capitalization of $423.98, a P/E ratio of 14.24 and a beta of 0.60.

Perry Ellis International (NASDAQ:PERY) last posted its earnings results on Thursday, November 30th. The textile maker reported $0.25 earnings per share 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 firm had revenue of $198.80 million for the quarter, compared to the consensus estimate of $199.40 million. During the same quarter in the prior year, the business earned $0.23 EPS. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. sell-side analysts expect that Perry Ellis International will post 2.15 earnings per share for the current fiscal year.

Several institutional investors have recently bought and sold shares of PERY. LSV Asset Management purchased a new stake in shares of Perry Ellis International in the 4th quarter worth approximately $108,000. BNP Paribas Arbitrage SA grew its stake in shares of Perry Ellis International by 41.6% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 7,924 shares of the textile maker’s stock worth $187,000 after buying an additional 2,327 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Perry Ellis International by 3.6% in the 2nd quarter. Wells Fargo & Company MN now owns 10,282 shares of the textile maker’s stock worth $200,000 after buying an additional 359 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Perry Ellis International by 12.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,504 shares of the textile maker’s stock worth $224,000 after buying an additional 1,263 shares during the last quarter. Finally, First Trust Advisors LP purchased a new stake in shares of Perry Ellis International in the 3rd quarter worth approximately $235,000. Institutional investors own 72.67% of the company’s stock.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Perry Ellis International (NASDAQ:PERY)

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