Shares of Perry Ellis International, Inc. (NASDAQ:PERY) have been given a consensus recommendation of “Buy” by the ten analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $30.00.
Several equities research analysts have recently weighed in on the stock. ValuEngine raised shares of Perry Ellis International from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 8th. DA Davidson assumed coverage on shares of Perry Ellis International in a research report on Thursday, February 8th. They issued a “neutral” rating and a $28.00 target price for the company. Zacks Investment Research raised shares of Perry Ellis International from a “sell” rating to a “hold” rating in a research report on Friday, March 2nd. Finally, BidaskClub raised shares of Perry Ellis International from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. LSV Asset Management bought a new stake in shares of Perry Ellis International in the 4th quarter worth about $108,000. MetLife Investment Advisors LLC bought a new stake in shares of Perry Ellis International in the 4th quarter worth about $183,000. BNP Paribas Arbitrage SA increased its position in shares of Perry Ellis International by 41.6% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 7,924 shares of the textile maker’s stock worth $187,000 after purchasing an additional 2,327 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Perry Ellis International by 3.6% in the 2nd quarter. Wells Fargo & Company MN now owns 10,282 shares of the textile maker’s stock worth $200,000 after purchasing an additional 359 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Perry Ellis International by 12.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,504 shares of the textile maker’s stock worth $224,000 after purchasing an additional 1,263 shares during the last quarter. 74.36% of the stock is owned by institutional investors.
Perry Ellis International (NASDAQ PERY) traded up $0.52 during trading on Friday, reaching $27.04. 95,931 shares of the company traded hands, compared to its average volume of 91,283. Perry Ellis International has a 12-month low of $16.35 and a 12-month high of $27.30. The stock has a market cap of $417.08, a P/E ratio of 16.00, a price-to-earnings-growth ratio of 3.94 and a beta of 0.46. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.56 and a quick ratio of 2.13.
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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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