Perry Ellis International, Inc. (PERY) Given Consensus Rating of “Hold” by Analysts

Shares of Perry Ellis International, Inc. (NASDAQ:PERY) have earned a consensus recommendation of “Hold” from the six ratings firms that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

A number of equities analysts recently issued reports on PERY shares. Zacks Investment Research upgraded Perry Ellis International from a “sell” rating to a “hold” rating in a report on Saturday, September 22nd. BidaskClub raised Perry Ellis International from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 27th.

Perry Ellis International has a 1-year low of $22.00 and a 1-year high of $29.59.



A number of hedge funds and other institutional investors have recently modified their holdings of PERY. Water Island Capital LLC bought a new stake in Perry Ellis International during the 3rd quarter valued at $23,954,000. Verition Fund Management LLC bought a new stake in Perry Ellis International during the 3rd quarter valued at $2,907,000. S. Muoio & CO. LLC raised its position in Perry Ellis International by 369.7% during the 3rd quarter. S. Muoio & CO. LLC now owns 110,756 shares of the textile maker’s stock valued at $3,027,000 after purchasing an additional 87,174 shares in the last quarter. Glazer Capital LLC raised its position in Perry Ellis International by 845.7% during the 3rd quarter. Glazer Capital LLC now owns 94,575 shares of the textile maker’s stock valued at $2,585,000 after purchasing an additional 84,574 shares in the last quarter. Finally, OppenheimerFunds Inc. raised its position in Perry Ellis International by 339.5% during the 2nd quarter. OppenheimerFunds Inc. now owns 85,661 shares of the textile maker’s stock valued at $2,328,000 after purchasing an additional 66,172 shares in the last quarter. 68.61% of the stock is owned by institutional investors and hedge funds.

About Perry Ellis International

Perry Ellis International, Inc designs, sources, markets, and licenses apparel products, accessories, and fragrances. It operates through four segments: Men's Sportswear and Swim, Women's Sportswear, Direct-to-Consumer, and Licensing. It provides men's wear, including career and casual sportswear, golf apparel, sports apparel, swimwear, and activewear; and womenswear, such as dresses, sportswear, swimwear, and activewear.

Recommended Story: Diversification Important in Investing

Receive News & Ratings for Perry Ellis International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perry Ellis International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply