Perry Ellis International Inc. ( PERY ) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company - as the stock is now up more than 20% since Jul 10, 2014.
The company has seen one positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead for Perry Ellis. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Perry Ellis currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Other well-performing companies in the textile/apparel sector include Hanesbrands Inc. ( HBI ), Cherokee Inc. ( CHKE ) and Crocs, Inc. ( CROX ). While Hanesbrands sports the same Zacks Rank as Perry Ellis, Cherokee and Crocs have a Zacks Rank #2 (Buy).
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PERRY ELLIS INT (PERY): Free Stock Analysis Report
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