Pier 1 Imports (NYSE:PIR) shares traded -0.24% down during most recent session to reach at the closing price of $4.14. The stock exchanged hands 1.75 Million shares versus average trading capacity of 1.91 Million shares, yielding a market cap of $351.07 Million. Wall Street analysts covering the stock are projecting that the stock will reach $4.13 within the next 52-weeks. The mean target projections are based on 12 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Pier 1 Imports (NYSE:PIR) high price target of $5 and with a conservative view have low price target of $3.5.
Morgan Stanley “Maintained” Pier 1 Imports (NYSE:PIR) in a research note issued to investors on 10/02/17 to Underweight with price target of $4.2.
Additionally on 9/28/17 Credit Suisse “Maintained” Pier 1 Imports (NYSE:PIR) to Underperform setting price target at $3.5 and on 9/28/17 Morgan Stanley “Maintained” the stock to Underweight at $4.6. Furthermore on 9/28/17 Loop Capital “Downgrades” the stock to Hold at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 43.88 along with Average True Range (ATR 14) of 0.21, Consequently Pier 1 Imports (NYSE:PIR)’s weekly and monthly volatility is 2.18%, 5.51% respectively. The company’s beta value is at 1.8.
In terms of Buy, Sell or Hold recommendations, Pier 1 Imports (NYSE:PIR) has analysts’ mean recommendation of 3.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Pier 1 Imports (NYSE:PIR)’s minimum EPS for the current quarter is at $0.1 and can go high up to $0.14. The consensus mean EPS for the current quarter is at $0.12 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.22 earnings per share for the same quarter during last year.
Previously Pier 1 Imports (NYSE:PIR) reported $-0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.06 by $0.01. The company posted an earnings surprise of 16.7%.
Pier 1 Imports (NYSE:PIR)’s revenue estimates for the current quarter are $466.98 Million according to 12 number of analysts, for the current quarter the company has high revenue estimates of $471.1 Million in contradiction of low revenue estimates of $463.06 Million. For the current year the company’s revenue estimates are $1.84 Billion compared to low analyst estimates of $1.82 Billion and high estimates of $1.86 Billion according to 14 number of analysts.
Currently Pier 1 Imports (NYSE:PIR)’s shares owned by insiders are 4.4%, whereas shares owned by institutional owners are 89.9%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.12%.
Pier 1 Imports (NYSE:PIR) 52-week high price stands at $9.68 and low price stands at $3.96, its price distance from 52-week high is -57.21% while its distance from 52-week low price is 4.55%. The stock hit its 52-week high on 12/21/16, and 52-week low on 08/18/17.
Pier 1 Imports (NYSE:PIR)’s trailing twelve month revenues are $1.82 Billion, whereas its price to sales ratio for the same period is 0.19. Its book value per share for the most recent quarter is $3.3 while its price to book ratio for the same period is 1.25, as for as the company’s cash per share for the most recent quarter is $0.41, however its price to cash per share ratio for the same period is 10.06. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 11.44.