Perry Ellis International, Inc. (PERY) Given Average Rating of “Hold” by Brokerages
Perry Ellis International, Inc. (NASDAQ:PERY) has received a consensus recommendation of “Hold” from the six analysts that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.
PERY has been the subject of several research reports. BidaskClub raised shares of Perry Ellis International from a “hold” rating to a “buy” rating in a report on Saturday, October 13th. Zacks Investment Research downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd.
In related news, insider Stanley P. Silverstein sold 12,076 shares of the stock in a transaction dated Sunday, September 9th. The shares were sold at an average price of $27.15, for a total value of $327,863.40. Following the completion of the transaction, the insider now owns 61,590 shares of the company’s stock, valued at approximately $1,672,168.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 20.20% of the stock is currently owned by company insiders.
Shares of PERY remained flat at $$27.50 during midday trading on Thursday. Perry Ellis International has a 12-month low of $22.00 and a 12-month high of $29.59.
Perry Ellis International (NASDAQ:PERY) last released its quarterly earnings data on Thursday, August 30th. The textile maker reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The company had revenue of $199.30 million for the quarter, compared to the consensus estimate of $203.40 million. During the same period last year, the company earned $0.16 EPS. The firm’s revenue for the quarter was down 3.6% on a year-over-year basis.
About Perry Ellis International
Perry Ellis International, Inc designs, sources, markets, and licenses apparel products, accessories, and fragrances. It operates through four segments: Men's Sportswear and Swim, Women's Sportswear, Direct-to-Consumer, and Licensing. It provides men's wear, including career and casual sportswear, golf apparel, sports apparel, swimwear, and activewear; and womenswear, such as dresses, sportswear, swimwear, and activewear.
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