News stories about Pier 1 Imports (NYSE:PIR) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pier 1 Imports earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the specialty retailer an impact score of 45.8910777441254 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Pier 1 Imports (PIR) opened at $3.14 on Tuesday. The stock has a market cap of $259.21, a P/E ratio of 11.21, a P/E/G ratio of -5.14 and a beta of 1.59. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.14 and a quick ratio of 0.61. Pier 1 Imports has a one year low of $2.87 and a one year high of $7.63.
Pier 1 Imports (NYSE:PIR) last announced its quarterly earnings data on Wednesday, December 13th. The specialty retailer reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). The firm had revenue of $469.20 million during the quarter, compared to the consensus estimate of $466.60 million. Pier 1 Imports had a net margin of 1.28% and a return on equity of 10.17%. The business’s revenue was down 1.4% compared to the same quarter last year. During the same period last year, the business earned $0.22 earnings per share. equities analysts anticipate that Pier 1 Imports will post 0.2 EPS for the current fiscal year.
PIR has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Pier 1 Imports from a “sell” rating to a “hold” rating in a research report on Wednesday, February 14th. Loop Capital set a $4.00 price target on shares of Pier 1 Imports and gave the company a “hold” rating in a research report on Thursday, December 14th. Telsey Advisory Group reiterated a “market perform” rating on shares of Pier 1 Imports in a research report on Thursday, January 25th. ValuEngine upgraded shares of Pier 1 Imports from a “hold” rating to a “buy” rating in a research report on Monday, December 11th. Finally, Gordon Haskett downgraded shares of Pier 1 Imports from a “hold” rating to a “sell” rating and set a $3.50 price target for the company. in a research report on Thursday, December 14th. Seven investment analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company. Pier 1 Imports currently has a consensus rating of “Hold” and an average price target of $4.78.
In other news, major shareholder & Co Towle acquired 32,900 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were acquired at an average cost of $3.09 per share, with a total value of $101,661.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 5.45% of the company’s stock.
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Pier 1 Imports Company Profile
Pier 1 Imports, Inc is an importer of home decor and furniture. The Company’s operations consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products. The Company’s categories of merchandise include decorative accessories and furniture.
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