News headlines about Pier 1 Imports (NYSE:PIR) have been trending positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative 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 -1 to 1, with scores closest to one being the most favorable. Pier 1 Imports earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 45.438258476503 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern’s analysis:
- Pier 1 Imports, Inc. (PIR) generates Dividend Yield of 6.35% – Voice Of Analysts (analystsbuzz.com)
- Does Pier 1 Imports Inc’s (PIR) PE Ratio Signal A Buying Opportunity? (finance.yahoo.com)
- Pier 1 Imports’ (PIR) Hold Rating Reaffirmed at KeyCorp (americanbankingnews.com)
- ClubCorp Holdings, Inc. (MYCC) has a value of $16.95 per share … – Stocks Gallery (stocksgallery.com)
- Watching the Tape Move for Pier 1 Imports Inc (PIR) – Financial News Review (finnewsreview.com)
PIR has been the subject of a number of research analyst reports. Deutsche Bank AG reduced their target price on Pier 1 Imports from $6.25 to $5.00 and set a “sell” rating for the company in a research note on Wednesday, May 31st. ValuEngine lowered Pier 1 Imports from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Jefferies Group LLC restated a “hold” rating and issued a $7.25 target price on shares of Pier 1 Imports in a research note on Friday, June 23rd. Gordon Haskett upgraded Pier 1 Imports from a “reduce” rating to a “hold” rating and set a $6.00 target price for the company in a research note on Tuesday, June 27th. Finally, Zacks Investment Research upgraded Pier 1 Imports from a “hold” rating to a “buy” rating and set a $6.00 target price for the company in a research note on Wednesday, June 28th. Six research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $5.69.
Shares of Pier 1 Imports (NYSE PIR) traded up 8.05% during trading on Tuesday, hitting $4.70. The company had a trading volume of 1,501,373 shares. The firm has a market capitalization of $381.08 million, a P/E ratio of 11.72 and a beta of 1.69. The stock’s 50-day moving average is $4.35 and its 200 day moving average is $5.65. Pier 1 Imports has a 52-week low of $3.84 and a 52-week high of $9.68.
Pier 1 Imports (NYSE:PIR) last issued its quarterly earnings data on Wednesday, June 28th. The specialty retailer reported ($0.04) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.01. Pier 1 Imports had a net margin of 1.82% and a return on equity of 13.96%. The business had revenue of $409.50 million during the quarter, compared to analysts’ expectations of $420.80 million. During the same period last year, the company posted ($0.07) EPS. The company’s revenue was down 2.1% on a year-over-year basis. Equities research analysts predict that Pier 1 Imports will post $0.47 earnings per share for the current fiscal year.
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About Pier 1 Imports
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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