Shares of Perry Ellis International Inc. (NASDAQ:PERY) have earned a consensus recommendation of “Hold” from the nine analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $29.00.

PERY has been the subject of several research reports. Zacks Investment Research cut shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Wunderlich reiterated a “buy” rating and issued a $35.00 target price on shares of Perry Ellis International in a research note on Friday, May 19th. ValuEngine cut shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. FBR & Co reiterated an “outperform” rating and issued a $25.00 target price on shares of Perry Ellis International in a research note on Tuesday, July 11th. Finally, TheStreet cut shares of Perry Ellis International from a “b-” rating to a “c+” rating in a research note on Friday, August 18th.

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A number of hedge funds and other institutional investors have recently made changes to their positions in PERY. North Star Investment Management Corp. boosted its position in shares of Perry Ellis International by 4.1% in the first quarter. North Star Investment Management Corp. now owns 76,650 shares of the textile maker’s stock worth $1,646,000 after buying an additional 3,000 shares in the last quarter. Bowling Portfolio Management LLC boosted its position in shares of Perry Ellis International by 23.7% in the first quarter. Bowling Portfolio Management LLC now owns 31,119 shares of the textile maker’s stock worth $668,000 after buying an additional 5,968 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Perry Ellis International during the first quarter worth approximately $122,000. Nine Chapters Capital Management LLC acquired a new position in shares of Perry Ellis International during the first quarter worth approximately $346,000. Finally, Pacific Ridge Capital Partners LLC boosted its position in shares of Perry Ellis International by 30.0% in the first quarter. Pacific Ridge Capital Partners LLC now owns 36,790 shares of the textile maker’s stock worth $790,000 after buying an additional 8,490 shares in the last quarter. Hedge funds and other institutional investors own 72.93% of the company’s stock.

Perry Ellis International (NASDAQ PERY) traded up 7.18% on Tuesday, hitting $21.35. The stock had a trading volume of 305,767 shares. The company’s 50 day moving average is $18.87 and its 200 day moving average is $20.22. Perry Ellis International has a 12-month low of $16.35 and a 12-month high of $29.00. The firm has a market cap of $320.42 million, a PE ratio of 25.39 and a beta of 0.69.

Perry Ellis International (NASDAQ:PERY) last released its earnings results on Thursday, August 24th. The textile maker reported $0.16 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.06. Perry Ellis International had a net margin of 1.55% and a return on equity of 9.18%. The business had revenue of $206.60 million during the quarter, compared to analysts’ expectations of $204.97 million. During the same quarter last year, the company earned $0.15 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis. On average, equities research analysts expect that Perry Ellis International will post $2.13 EPS for the current fiscal year.

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)

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