88 institutional investors are raising stakes in Pier 1 Imports, Inc. (PIR)

The 1-year low was reported on April, 25 by Barchart.com. Jefferies Group analyst D. Binder now anticipates that the specialty retailer will earn $0.33 per share for the quarter, up from their prior forecast of $0.24. (NYSE:PIR). Massachusetts-based Rhumbline Advisers has invested 0% in Pier 1 Imports, Inc. (NYSE:PIR) for 4,631 shs. This company shares are 52.94% off its target price of $3.64 and the current market capitalization stands at $259.99M.

Investors are sharpening their focus on shares of Pier 1 Imports, Inc.

Pier 1 Imports stock opened at $2.38 on Monday. Lastly, from a Buy rating to Hold rating on shares of Pier 1 Imports, Inc. was Downgrade by Loop Capital on the company's stock. Currently Analysts have a mean recommendation of 3.50 on the shares.

Among 4 analysts covering Pier 1 Imports (NYSE:PIR), 0 have Buy rating, 3 Sell and 1 Hold. Pier 1 Imports now has a consensus rating of "Hold" and a consensus price target of $4.04. (NYSE:PIR) or 233,031 shares. A figure recorded as the highest/lowest price of the security, bond or stock over the period of past 52 weeks is generally referred to as its 52-week high/ low. The company's forward price to earnings ratio for next fiscal year is 34.43. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.34 and a quick ratio of 0.87. (NYSE:PIR). The New York-based Goldman Sachs Group Incorporated has invested 0% in Pier 1 Imports, Inc. The specialty retailer reported $0.21 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.02.

Net profit margin of the company is seen at 1.60%. It has a market cap of $244.7 Million. During the same period a year ago, the company posted $0.34 earnings per share. The firm had revenue of $512.23 million during the quarter, compared to analyst estimates of $537.62 million.

In other Pier 1 Imports news, major shareholder & Co Towle purchased 32,900 shares of the firm's stock in a transaction dated Monday, February 12th. The stock was acquired at an average price of $3.09 per share, for a total transaction of $101,661.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last 90 days, insiders bought 45,705 shares of company stock valued at $142,468.

Multiple company employees have indulged in significant insider trading. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock's price, but also to a gradual increase over time. Bank of New York Mellon Corp grew its stake in Pier 1 Imports by 16.3% in the 4th quarter. Voya Inv Management Llc has 0% invested in Pier 1 Imports, Inc.

Restoration Hardware Holdings beats Pier 1 Imports on 9 of the 17 factors compared between the two stocks. Towle & Co. now owns 4,901,790 shares of the specialty retailer's stock valued at $20,293,000 after acquiring an additional 3,354,913 shares during the period. At current levels, Pier 1 Imports, Inc. Advisor Group Inc. now owns 79,924 shares of the specialty retailer's stock worth $331,000 after acquiring an additional 77,251 shares during the last quarter.

A number of institutional investors have recently added to or reduced their stakes in the stock.

COPYRIGHT VIOLATION WARNING: This news story was first reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this piece of content on another website, it was stolen and republished in violation of United States and worldwide copyright and trademark law.

Pier 1 Imports, Inc engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products. It offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrances, gifts, and seasonal items; and furniture and furniture cushions that are used in living, dining, office, kitchen and bedroom areas, sunrooms, and patios.7.78 is the P/E ratio.

Notícias recomendadas

  • Governo quer libertar até 50 mil presos até o fim do ano

    Governo quer libertar até 50 mil presos até o fim do ano

    O sistema prisional cearense tem ainda a segunda taxa mais elevada de superlotação, de 309%, mais de três detentos para cada vaga. Depois do Ceará, será a vez de Goiás, que deve receber o mutirão em agosto. É o que chamamos de contrato de gestão.
    Senate advances legislation to protect Robert Mueller from being fired

    Senate advances legislation to protect Robert Mueller from being fired

    The special counsel would have the ability to appeal the dismissal. "I am very disappointed in my Justice Department". The bill still must pass the full Senate, which is controlled by the Republican Party.

    Corning (GLW) Rating Increased to Buy at Zacks Investment Research

    Finally, TheStreet downgraded shares of Corning from a b- rating to a c+ rating in a research note on Wednesday, February 28th. Advsr Lc holds 0.33% or 129,250 shares in its portfolio. 160,663 were reported by Boyer & Corporon Wealth Limited Liability.
  • Piper Jaffray Reaffirms Buy Rating for Diamondback Energy (NASDAQ:FANG)

    Petroleum & Resources Corp increased its stake in Diamondback Energy Inc . (NASDAQ: FANG ) to report earnings on May, 1. Following the transaction, the chief financial officer now owns 36,287 shares in the company, valued at $4,547,486.84.
    Saiba o que muda com o desligamento do sinal analógico de TV

    Saiba o que muda com o desligamento do sinal analógico de TV

    Para quem mora em outros municípios que estão fora da lista inicial, o desligamento será realizado de forma gradual. O sinal analógico de TV foi desligado na região de São Luís no dia 28 de março.
    Patton Oswalt reacts to arrest in 'Golden State Killer' case

    Patton Oswalt reacts to arrest in 'Golden State Killer' case

    Take one of your hyper, gulping breaths. "You'll be silent forever, and I'll be gone in the dark ", you threatened a victim once. Like they did for Kenneth Lee Hicks, thirty years after he killed Lori Billingsley, in Aloha, Oregon.
  • Hamas receives corpse of Gaza scientist killed in Malaysia

    Hamas receives corpse of Gaza scientist killed in Malaysia

    On Thursday, Liberman told the Arabic news site Elaph: "Ask James Bond ... maybe James Bond killed him like in the movies". Relatives and Palestinian faction leaders gathered to receive the body as it entered Gaza through the Egyptian border.
    Dallas police capture suspect in triple shooting at Home Depot

    Dallas police capture suspect in triple shooting at Home Depot

    Our leadership team has been with the families to support them, as well as our store associates", Holmes said. He spent two years with the department before transferring to Tyler's Police Department.
    General Motors Co (NYSE:GM) Sentiment Improved in Q4 2017 to 0.91

    General Motors Co (NYSE:GM) Sentiment Improved in Q4 2017 to 0.91

    Moreover, Kazazian Asset Management Llc reported 184,935 shares in General Motors Co equivalent to 7.75% of its stocks portfolio. Therefore 69% are positive. 19 are the (NYSE:GM)'s analyst reports since October 30, 2017 according to StockzIntelligence Inc.
  • Boyfriend arrested for the alleged murder of 3-year-old girl

    Boyfriend arrested for the alleged murder of 3-year-old girl

    He was taken into custody without incident following a lengthy investigation into the child's death, which occurred a year ago . Police accuse Lake of causing Bella's death, although they have not released details into the nature of her injuries.
    Ryan Gosling soars as Neil Armstrong in First Man footage

    Ryan Gosling soars as Neil Armstrong in First Man footage

    Pablo Schreiber will also appear as Jim Lovell, the commander of Apollo 13 who said the notorious words "Houston, we've had a problem".
    United States  condemns regime violence in Nicaragua

    United States condemns regime violence in Nicaragua

    The concessions appeared to be mollifying the country's business elite, which had abandoned a longstanding alliance with Ortega over the violence.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.