Favorable Media Coverage Very Likely to Affect Perry Ellis International (PERY) Stock Price

News headlines about Perry Ellis International (NASDAQ:PERY) have been trending positive on Sunday, according to Alpha One. Alpha One, a unit of Accern, identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Alpha One ranks coverage of publicly-traded 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 0.34 on Alpha One’s scale. Alpha One also gave media stories about the textile maker an impact score of 82 out of 100, indicating that recent news coverage is very likely to have an effect on the stock’s share price in the near term.

Insider Buying and Selling by Quarter for Perry Ellis International (NASDAQ:PERY)

Perry Ellis International (PERY) traded down 3.41% during trading on Friday, hitting $18.40. The company had a trading volume of 114,498 shares. The company’s 50 day moving average price is $19.26 and its 200-day moving average price is $22.32. Perry Ellis International has a 1-year low of $17.14 and a 1-year high of $29.00. The stock has a market capitalization of $276.15 million, a price-to-earnings ratio of 21.88 and a beta of 0.74.

Perry Ellis International (NASDAQ:PERY) last posted its quarterly earnings results on Thursday, May 18th. The textile maker reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.11. Perry Ellis International had a return on equity of 9.18% and a net margin of 1.55%. The business had revenue of $242 million for the quarter, compared to analyst estimates of $241.81 million. During the same period last year, the company earned $1.01 EPS. Perry Ellis International’s revenue for the quarter was down 7.3% compared to the same quarter last year. On average, analysts expect that Perry Ellis International will post $2.13 EPS for the current year.

Several analysts have recently weighed in on the company. ValuEngine cut Perry Ellis International from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded Perry Ellis International from a “sell” rating to a “hold” rating and set a $21.00 price target on the stock in a report on Saturday, May 20th. Wunderlich restated a “buy” rating and set a $35.00 price target on shares of Perry Ellis International in a report on Friday, May 19th. Finally, TheStreet upgraded Perry Ellis International from a “c+” rating to a “b” rating in a report on Wednesday, March 22nd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $27.25.

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In related news, insider Stanley P. Silverstein sold 1,802 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $19.34, for a total transaction of $34,850.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 22.20% of the stock is owned by company insiders.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:PERY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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