Perry Ellis International (NASDAQ:PERY) updated its FY19 earnings guidance on Friday. The company provided EPS guidance of $1.80-1.90 mln for the period, compared to the Thomson Reuters consensus EPS estimate of $2.29. The company issued revenue guidance of $855-865 million, compared to the consensus revenue estimate of $901.87 million.
Several equities research analysts recently issued reports on the stock. ValuEngine upgraded shares of Perry Ellis International from a buy rating to a strong-buy rating in a research note on Thursday, February 8th. DA Davidson assumed coverage on shares of Perry Ellis International in a research note on Thursday, February 8th. They issued a neutral rating and a $28.00 target price for the company. BidaskClub upgraded shares of Perry Ellis International from a sell rating to a hold rating in a research note on Wednesday. Finally, Zacks Investment Research upgraded shares of Perry Ellis International from a sell rating to a hold rating in a research note on Friday, March 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $29.75.
NASDAQ:PERY traded down $0.15 during mid-day trading on Friday, hitting $27.09. The stock had a trading volume of 75,585 shares, compared to its average volume of 84,882. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.53 and a current ratio of 2.78. The company has a market capitalization of $426.80, a P/E ratio of 12.72, a price-to-earnings-growth ratio of 4.93 and a beta of 0.43. Perry Ellis International has a twelve month low of $16.35 and a twelve month high of $28.00.
Perry Ellis International (NASDAQ:PERY) last issued its quarterly earnings data on Friday, March 16th. The textile maker reported $0.88 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.88. The firm had revenue of $227.00 million during the quarter, compared to the consensus estimate of $229.03 million. Perry Ellis International had a net margin of 6.48% and a return on equity of 9.55%. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the business posted $0.66 earnings per share. equities analysts forecast that Perry Ellis International will post 1.84 earnings per share for the current year.
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Perry Ellis International Company Profile
Perry Ellis International, Inc designs, sources, markets, and licenses apparel products and accessories. The company operates through Men's Sportswear and Swim, Women's Sportswear, Direct-to-Consumer, and Licensing segments. It offers men's wear, such as career and casual sportswear, golf apparel, sports apparel, swimwear, activewear, and accessories; and women's wear, including dresses, sportswear, swimwear, activewear, and accessories.
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