Perry Ellis International, Inc. (PERY) Receives Average Rating of “Buy” from Brokerages

Perry Ellis International, Inc. (NASDAQ:PERY) has received a consensus rating of “Buy” from the ten ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $30.00.

Several research analysts have commented on the stock. BidaskClub downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. DA Davidson assumed coverage on shares of Perry Ellis International in a research note on Thursday, February 8th. They set a “neutral” rating and a $28.00 price target on the stock. Zacks Investment Research downgraded shares of Perry Ellis International from a “hold” rating to a “sell” rating in a research note on Wednesday, January 31st. Finally, ValuEngine raised shares of Perry Ellis International from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 8th.

How to Become a New Pot Stock Millionaire

Several hedge funds have recently bought and sold shares of the business. MetLife Investment Advisors LLC purchased a new position in shares of Perry Ellis International during the fourth quarter worth approximately $183,000. Cornerstone Capital Management Holdings LLC. raised its stake in shares of Perry Ellis International by 191.5% during the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 51,600 shares of the textile maker’s stock worth $1,291,000 after acquiring an additional 33,900 shares in the last quarter. Stone Ridge Asset Management LLC purchased a new position in shares of Perry Ellis International during the fourth quarter worth approximately $791,000. Guggenheim Capital LLC increased its stake in shares of Perry Ellis International by 36.7% in the fourth quarter. Guggenheim Capital LLC now owns 110,266 shares of the textile maker’s stock worth $2,761,000 after buying an additional 29,619 shares during the period. Finally, Deutsche Bank AG increased its stake in shares of Perry Ellis International by 141.0% in the fourth quarter. Deutsche Bank AG now owns 28,949 shares of the textile maker’s stock worth $723,000 after buying an additional 16,939 shares during the period. 74.36% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Perry Ellis International (PERY) opened at $27.11 on Friday. Perry Ellis International has a 1 year low of $16.35 and a 1 year high of $27.30. The stock has a market cap of $424.76, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 3.93 and a beta of 0.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 3.56.

WARNING: This story was first posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this story on another site, it was illegally copied and reposted in violation of U.S. and international copyright laws. The correct version of this story can be viewed at https://sportsperspectives.com/2018/03/10/perry-ellis-international-inc-pery-receives-average-rating-of-buy-from-brokerages.html.

About Perry Ellis International

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.

Analyst Recommendations for Perry Ellis International (NASDAQ:PERY)

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

Leave a Reply