Perry Ellis International, Inc. (NASDAQ:PERY) – DA Davidson issued their FY2018 earnings estimates for shares of Perry Ellis International in a report issued on Wednesday. DA Davidson analyst A. Burns expects that the textile maker will post earnings per share of $2.08 for the year. DA Davidson has a “Neutral” rating and a $28.00 price objective on the stock. DA Davidson also issued estimates for Perry Ellis International’s Q4 2018 earnings at $0.83 EPS, Q1 2019 earnings at $0.81 EPS, Q2 2019 earnings at $0.22 EPS, Q3 2019 earnings at $0.28 EPS, Q4 2019 earnings at $0.72 EPS, FY2019 earnings at $2.03 EPS and FY2020 earnings at $2.27 EPS.

Perry Ellis International (NASDAQ:PERY) last announced its quarterly earnings results on Thursday, November 30th. The textile maker reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 during the quarter, compared to the consensus estimate of $199.40 million. During the same quarter last year, the firm posted $0.23 EPS. The company’s quarterly revenue was up 2.5% on a year-over-year basis.

Several other equities research analysts also recently issued reports on PERY. B. Riley reaffirmed a “buy” rating on shares of Perry Ellis International in a report on Wednesday, November 1st. ValuEngine raised Perry Ellis International from a “buy” rating to a “strong-buy” rating in a report on Thursday. FBR & Co set a $27.00 price target on Perry Ellis International and gave the company a “buy” rating in a report on Tuesday, October 17th. Zacks Investment Research downgraded Perry Ellis International from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Finally, BidaskClub downgraded Perry Ellis International from a “hold” rating to a “sell” rating in a report on Friday, January 26th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $29.75.

Shares of Perry Ellis International (PERY) opened at $26.21 on Monday. Perry Ellis International has a twelve month low of $16.35 and a twelve month high of $27.27. The stock has a market capitalization of $410.66, a price-to-earnings ratio of 15.51 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.

Institutional investors and hedge funds have recently bought and sold shares of the company. LSV Asset Management acquired a new stake in shares of Perry Ellis International during the fourth quarter worth $108,000. BNP Paribas Arbitrage SA lifted its holdings in shares of Perry Ellis International by 41.6% during the third 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 in the last quarter. First Trust Advisors LP acquired a new stake in shares of Perry Ellis International during the third quarter worth $235,000. Algert Global LLC acquired a new stake in shares of Perry Ellis International during the third quarter worth $243,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of Perry Ellis International by 3.6% during the second 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 in the last quarter. 72.67% of the stock is owned by institutional investors.

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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.

Earnings History and Estimates for Perry Ellis International (NASDAQ:PERY)

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