Perry Ellis International (PERY) – Investment Analysts’ Recent Ratings Updates

Perry Ellis International (NASDAQ: PERY) has recently received a number of price target changes and ratings updates:

  • 10/13/2018 – Perry Ellis International was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 10/5/2018 – Perry Ellis International was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 10/5/2018 – Perry Ellis International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men’s and women’s apparel, accessories, and fragrances. The company’s collection of dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and men’s and women’s swimwear is available through all major levels of retail distribution. The company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands including Perry Ellis, Jantzen, Cubavera, Munsingwear, Savane, Original Penguin, Grand Slam, Natural Issue, Pro Player, the Havanera Co., Axis, Tricots St. Raphael, Gotcha, Girl Star and MCD. The company enhances its roster of brands by licensing trademarks from third parties including Dockers for outerwear, Nike and JAG for swimwear, and PING and PGA TOUR for golf apparel. “
  • 9/29/2018 – Perry Ellis International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men’s and women’s apparel, accessories, and fragrances. The company’s collection of dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and men’s and women’s swimwear is available through all major levels of retail distribution. The company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands including Perry Ellis, Jantzen, Cubavera, Munsingwear, Savane, Original Penguin, Grand Slam, Natural Issue, Pro Player, the Havanera Co., Axis, Tricots St. Raphael, Gotcha, Girl Star and MCD. The company enhances its roster of brands by licensing trademarks from third parties including Dockers for outerwear, Nike and JAG for swimwear, and PING and PGA TOUR for golf apparel. “
  • 9/27/2018 – Perry Ellis International was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 9/22/2018 – Perry Ellis International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men’s and women’s apparel, accessories, and fragrances. The company’s collection of dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and men’s and women’s swimwear is available through all major levels of retail distribution. The company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands including Perry Ellis, Jantzen, Cubavera, Munsingwear, Savane, Original Penguin, Grand Slam, Natural Issue, Pro Player, the Havanera Co., Axis, Tricots St. Raphael, Gotcha, Girl Star and MCD. The company enhances its roster of brands by licensing trademarks from third parties including Dockers for outerwear, Nike and JAG for swimwear, and PING and PGA TOUR for golf apparel. “
  • 9/11/2018 – Perry Ellis International was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 9/8/2018 – Perry Ellis International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men’s and women’s apparel, accessories, and fragrances. The company’s collection of dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and men’s and women’s swimwear is available through all major levels of retail distribution. The company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands including Perry Ellis, Jantzen, Cubavera, Munsingwear, Savane, Original Penguin, Grand Slam, Natural Issue, Pro Player, the Havanera Co., Axis, Tricots St. Raphael, Gotcha, Girl Star and MCD. The company enhances its roster of brands by licensing trademarks from third parties including Dockers for outerwear, Nike and JAG for swimwear, and PING and PGA TOUR for golf apparel. “
  • 8/31/2018 – Perry Ellis International was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.

Shares of Perry Ellis International stock traded up $0.04 on Friday, reaching $27.50. 3,737 shares of the company traded hands, compared to its average volume of 215,535. Perry Ellis International, Inc. has a 52 week low of $22.00 and a 52 week high of $29.59. The company has a market capitalization of $436.02 million, a P/E ratio of 12.91 and a beta of 0.33. The company has a quick ratio of 1.69, a current ratio of 2.98 and a debt-to-equity ratio of 0.10.

Perry Ellis International (NASDAQ:PERY) last released its earnings results on Thursday, August 30th. The textile maker reported $0.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.02. Perry Ellis International had a net margin of 5.66% and a return on equity of 8.64%. The firm had revenue of $199.30 million during the quarter, compared to the consensus estimate of $203.40 million. During the same period in the prior year, the firm earned $0.16 EPS. The company’s revenue was down 3.6% compared to the same quarter last year. Equities analysts expect that Perry Ellis International, Inc. will post 1.9 EPS for the current fiscal year.

In other news, insider Stanley P. Silverstein sold 12,076 shares of the stock in a transaction that occurred on Sunday, September 9th. The shares were sold at an average price of $27.15, for a total transaction of $327,863.40. Following the completion of the transaction, the insider now directly owns 61,590 shares of the company’s stock, valued at approximately $1,672,168.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 22.20% of the stock is owned by corporate insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. bought a new position in Perry Ellis International in the 2nd quarter worth approximately $124,000. Mint Tower Capital Management B.V. bought a new position in Perry Ellis International in the 2nd quarter worth approximately $136,000. SG Americas Securities LLC bought a new position in Perry Ellis International in the 2nd quarter worth approximately $177,000. Chicago Capital Management LLC bought a new position in Perry Ellis International in the 2nd quarter worth approximately $203,000. Finally, Paloma Partners Management Co boosted its holdings in Perry Ellis International by 24.1% in the 2nd quarter. Paloma Partners Management Co now owns 11,264 shares of the textile maker’s stock worth $306,000 after buying an additional 2,184 shares during the period. 69.21% of the stock is owned by hedge funds and other institutional investors.

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.

See Also: Can individual investors take part in an IPO?

Receive News & Ratings for Perry Ellis International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perry Ellis International Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply