Somewhat Favorable News Coverage Somewhat Unlikely to Impact Perry Ellis International (PERY) Stock Price
Headlines about Perry Ellis International (NASDAQ:PERY) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Perry Ellis International earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the textile maker an impact score of 47.4815701640053 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities analysts have recently commented on PERY shares. Zacks Investment Research upgraded Perry Ellis International from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Friday, September 1st. KeyCorp restated a “hold” rating on shares of Perry Ellis International in a research note on Tuesday, October 31st. TheStreet cut Perry Ellis International from a “b-” rating to a “c+” rating in a research note on Friday, August 18th. Ifs Securities restated an “outperform” rating on shares of Perry Ellis International in a research note on Tuesday, October 31st. Finally, FBR & Co set a $25.00 price objective on Perry Ellis International and gave the stock a “buy” rating in a research note on Monday, August 21st. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Perry Ellis International has a consensus rating of “Buy” and an average target price of $30.00.
Perry Ellis International (NASDAQ:PERY) opened at $24.76 on Thursday. Perry Ellis International has a one year low of $16.35 and a one year high of $27.78. The stock has a market capitalization of $388.41, a price-to-earnings ratio of 13.05 and a beta of 0.62. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 3.56.
In related news, insider Luis S. Paez sold 3,812 shares of the firm’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $21.55, for a total transaction of $82,148.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 20.20% of the company’s stock.
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.
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