Perry Ellis International (PERY) Earning Somewhat Positive Press Coverage, Study Shows
Press coverage about Perry Ellis International (NASDAQ:PERY) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Perry Ellis International earned a news impact score of 0.07 on Accern’s scale. Accern also assigned news articles about the textile maker an impact score of 45.204413985275 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Perry Ellis International Inc. (PERY) Downgraded to Hold at Zacks Investment Research (americanbankingnews.com)
- Perry Ellis celebrates 50 years (finance.yahoo.com)
- Perry Ellis International Inc. (PERY) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Earnings Review and Free Research Report: Perry Ellis’ Revenue Grew 2.5%; Turned Profitable on a GAAP Basis (finance.yahoo.com)
- Perry Ellis International Inc. (PERY) Raised to “Buy” at Zacks Investment Research (americanbankingnews.com)
A number of equities analysts have recently commented on the company. Zacks Investment Research raised Perry Ellis International from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Friday, September 8th. KeyCorp reissued a “hold” rating on shares of Perry Ellis International in a research report on Thursday, August 24th. ValuEngine downgraded Perry Ellis International from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. FBR & Co reissued an “outperform” rating and set a $25.00 price objective on shares of Perry Ellis International in a research report on Tuesday, July 11th. Finally, BidaskClub downgraded Perry Ellis International from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. Perry Ellis International presently has a consensus rating of “Buy” and an average target price of $28.25.
Shares of Perry Ellis International (PERY) traded down 0.22% during trading on Monday, reaching $22.29. The company had a trading volume of 108,353 shares. The firm has a 50-day moving average price of $20.14 and a 200-day moving average price of $20.17. Perry Ellis International has a 52-week low of $16.35 and a 52-week high of $29.00. The company has a market capitalization of $336.00 million, a P/E ratio of 19.52 and a beta of 0.65.
Perry Ellis International (NASDAQ:PERY) last announced its earnings results on Thursday, August 24th. The textile maker reported $0.16 EPS for the quarter, beating the consensus estimate of $0.10 by $0.06. The business had revenue of $206.60 million for the quarter, compared to the consensus estimate of $204.97 million. Perry Ellis International had a return on equity of 9.05% and a net margin of 2.08%. The company’s revenue was up 2.5% on a year-over-year basis. During the same period last year, the business posted $0.15 EPS. On average, analysts predict that Perry Ellis International will post $2.15 EPS for the current fiscal year.
In related news, insider Stanley P. Silverstein sold 13,507 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $22.11, for a total transaction of $298,639.77. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 20.20% of the company’s stock.
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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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