Perry Ellis International (NASDAQ:PERY) released its earnings results on Friday. The textile maker reported $0.88 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.88, Bloomberg Earnings reports. The business had revenue of $227.00 million during the quarter, compared to the consensus estimate of $229.03 million. Perry Ellis International had a return on equity of 8.95% and a net margin of 3.05%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period last year, the business posted $0.66 earnings per share. Perry Ellis International updated its FY19 guidance to $1.80-1.90 mln EPS.
Perry Ellis International (PERY) traded down $0.43 during midday trading on Friday, hitting $26.61. The stock had a trading volume of 177,252 shares, compared to its average volume of 92,821. The company has a market cap of $415.52, a PE ratio of 14.79, 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 current ratio of 3.56 and a quick ratio of 2.13. Perry Ellis International has a 12-month low of $16.35 and a 12-month high of $27.30.
Several equities research analysts recently issued reports on PERY shares. Zacks Investment Research raised Perry Ellis International from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research note on Tuesday, December 5th. BidaskClub lowered Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. ValuEngine raised Perry Ellis International from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 8th. Finally, DA Davidson initiated coverage on Perry Ellis International in a report on Thursday, February 8th. They set a “neutral” rating and a $28.00 price target on the stock. 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 stock. Perry Ellis International has an average rating of “Buy” and an average target price of $29.75.
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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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