Perry Ellis International, Inc. (NASDAQ:PERY) – Stock analysts at DA Davidson issued their FY2018 EPS estimates for Perry Ellis International in a research report issued to clients and investors on Wednesday. DA Davidson analyst A. Burns anticipates that the textile maker will earn $2.08 per share for the year. DA Davidson has a “Neutral” rating and a $28.00 price target 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 released its earnings results on Thursday, November 30th. The textile maker reported $0.25 earnings per share for the quarter, hitting the consensus estimate of $0.25. The business had revenue of $198.80 million for the quarter, compared to the consensus estimate of $199.40 million. Perry Ellis International had a net margin of 3.05% and a return on equity of 8.95%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $0.23 earnings per share.
Several other research analysts also recently weighed in on PERY. B. Riley reissued a “buy” rating on shares of Perry Ellis International in a research report on Wednesday, November 1st. FBR & Co set a $27.00 target price on shares of Perry Ellis International and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Zacks Investment Research downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. ValuEngine raised shares of Perry Ellis International from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 8th. Finally, BidaskClub downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $29.75.
Perry Ellis International (NASDAQ PERY) traded up $0.06 during trading on Monday, hitting $26.77. 101,800 shares of the stock traded hands, compared to its average volume of 99,465. The stock has a market capitalization of $418.49, a P/E ratio of 14.06, a P/E/G ratio of 3.97 and a beta of 0.60. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 3.56. Perry Ellis International has a 1-year low of $16.35 and a 1-year high of $27.27.
A number of institutional investors and hedge funds have recently made changes to their positions in PERY. Royce & Associates LP purchased a new position in Perry Ellis International during the fourth quarter valued at approximately $6,165,000. Kennedy Capital Management Inc. grew its position in Perry Ellis International by 69.0% during the fourth quarter. Kennedy Capital Management Inc. now owns 178,475 shares of the textile maker’s stock valued at $4,469,000 after purchasing an additional 72,871 shares in the last quarter. Delphi Management Inc. MA purchased a new position in Perry Ellis International during the fourth quarter valued at approximately $1,720,000. Alliancebernstein L.P. purchased a new position in Perry Ellis International during the fourth quarter valued at approximately $1,708,000. Finally, Allianz Asset Management GmbH grew its position in Perry Ellis International by 143.7% during the third quarter. Allianz Asset Management GmbH now owns 87,800 shares of the textile maker’s stock valued at $2,077,000 after purchasing an additional 51,765 shares in the last quarter. 72.49% of the stock is currently owned by hedge funds and other 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.
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