Perry Ellis International (NASDAQ:PERY) was downgraded by equities research analysts at Brean Capital from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports.
Shares of Perry Ellis International (NASDAQ:PERY) opened at 19.47 on Wednesday. Perry Ellis International has a one year low of $16.02 and a one year high of $22.27. The stock’s 50-day moving average is $18.75 and its 200-day moving average is $19.5. The company has a market cap of $294.2 million and a P/E ratio of 18.54.
Perry Ellis International (NASDAQ:PERY) last posted its quarterly earnings results on Thursday, August 22nd. The company reported ($0.15) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.09) by $0.06. The company had revenue of $211.70 million for the quarter, compared to the consensus estimate of $214.30 million. During the same quarter last year, the company posted $0.01 earnings per share. Perry Ellis International’s revenue was up 1.1% compared to the same quarter last year. On average, analysts predict that Perry Ellis International will post $1.50 earnings per share for the current fiscal year.
Separately, analysts at Standpoint Research upgraded shares of Perry Ellis International from a “hold” rating to a “buy” rating in a research note to investors on Thursday, August 29th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Perry Ellis International has an average rating of “Hold” and a consensus target price of $24.00.
Perry Ellis International, Inc(NASDAQ:PERY) is a apparel company in the United States.
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