This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Luxury Goods Stocks for Santa Claus Rally

1. Perry Ellis International (PERY - Get Report) is a leading designer, distributor and licensor of a broad line of high quality apparel, accessories and fragrances for men and women, as well as select children's apparel. The company licenses its proprietary brands to third parties for the manufacture and marketing of various products in over 50 countries.

Of the 11 analysts covering the stock, 63% recommend buying and 27% suggest a hold. The stock' average 12-month price target is $22.78, about 64.6% higher than the current price, a Bloomberg consensus shows.

For the third quarter of 2012, the company recorded revenue of $248.4 million, up 23% in the same period last year. Gross profit increased 15% to $82.5 million. EBITDA for the first nine months of fiscal 2012 rose 30.5% to $58.6 million, compared to $44.9 million in the prior year.

For fiscal 2012, PERY expects total revenue of $1.0 billion, EBITDA in the $75 million to $80 million range, and EPS at or above $2.00.

Recently, the company announced a $20 million increase to the stock repurchase program.

PEI Licensing, Inc., a wholly owned subsidiary of PERY has entered into an exclusive license agreement with 1928 Jewelry Company to manufacture, design and distribute fashion jewelry products slated to launch in Spring 2012 season.
6 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
LTD $0.00 0.00%
PVH $95.95 0.00%
COH $40.71 0.00%
EL $93.29 0.00%
PERY $19.15 0.00%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs