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

A number of other brokerages have also commented on PERY. BidaskClub upgraded Perry Ellis International from a hold rating to a buy rating in a research note on Friday, December 22nd. Zacks Investment Research upgraded Perry Ellis International from a hold rating to a buy rating and set a $29.00 price target on the stock in a research report on Tuesday, January 23rd. Finally, KeyCorp reiterated a hold rating on shares of Perry Ellis International in a research report on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $29.75.

Perry Ellis International (PERY) opened at $26.21 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.56 and a quick ratio of 2.13. The company has a market capitalization of $410.66, a price-to-earnings ratio of 13.79 and a beta of 0.60. 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 earnings results on Thursday, November 30th. The textile maker reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. The business had revenue of $198.80 million during the quarter, compared to analyst estimates of $199.40 million. Perry Ellis International had a return on equity of 8.95% and a net margin of 3.05%. Perry Ellis International’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.23 earnings per share. research analysts predict that Perry Ellis International will post 2.13 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the business. LSV Asset Management bought a new stake in Perry Ellis International in the fourth quarter valued at $108,000. BNP Paribas Arbitrage SA grew its position in Perry Ellis International by 41.6% in the third quarter. BNP Paribas Arbitrage SA now owns 7,924 shares of the textile maker’s stock valued at $187,000 after acquiring an additional 2,327 shares during the period. First Trust Advisors LP bought a new stake in Perry Ellis International in the third quarter valued at $235,000. Algert Global LLC bought a new stake in Perry Ellis International in the third quarter valued at $243,000. Finally, Wells Fargo & Company MN grew its position in 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 acquiring an additional 359 shares during the period. Hedge funds and other 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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