(NYSE:PIR) reported its last earnings on Sep 22 AMC (BMO = before market open, AMC= after market close). (PIR) reported financial results for the first quarter ended May 28, 2016.
Advertisement
For the quarter, the company now expects loss per share to be in the range of $0.06 to $0.05, excluding one-time items, if any, related to the departure of CEO.
On the company’s financial health, Pier 1 Imports Inc reported $-0.07 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Jun 29, 2016.
Many analysts are providing their Estimated Earnings analysis for Pier 1 Imports, Inc. and for the current quarter 18 analysts have projected that the stock could give an Average Earnings estimate of $-0.03/share. 3 of the brokerages firms have a buy or better rating; the 0 sells versus 4 underperforms. In its first fiscal quarter of 2016, Pier 1 lost $6 million as sales decreased by 4.3 percent. Five investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. They are projecting Next Quarter growth of 15.4%. The 52 week high shares of Pier 1 Imports, Inc. have reached is 10.36 whilst the 52 week low for the company’s shares is 3.76. When considering if perhaps the stock is under or overvalued, the average price target is $5.27 which is 10% above where the stock closed yesterday.
Pier 1 Imports, Inc.’s (PIR), a part of Services sector and belongs to Specialty Retail, Other industry; ended its day with a gain of 3.23% and finalized at the price of $4.80.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. A Principal Accounting Officer at Pier 1 Imports, Inc.
Pier 1 shares (PIR) were down 15% in premarket trading to $4.08, after closing Wednesday up 3.2% at $4.80. They now own 80.87 million shares or 10.40% more from 73.25 million shares in 2016Q1. It has twelve month low of $32.60 and twelve month high of $52.77.
The company has a 50 day moving average of 4.84 and a 200 day moving average of 5.68. Most recent session’s volume of 2.98 million shares greater than its average volume of 2.58 million shares. It has a 12.16 P/E ratio. It maintained return on assets (ROA) for the last twelve months at 48.31%. Pier 1 already was down 5.7 percent this year through the close on Wednesday.
A British native, Smith joined Pier 1 in February 2007 after spending 12 years at TJX, the parent of T.J. Maxx.
Advertisement
Expedia Inc. (EXPE) recently recorded 1.66 percent change and now at $113.91 is 29.73 percent away from its 52-week low and down -18.22 percent versus its peak.
