EPS for Pier 1 Imports, Inc. (PIR) Expected At $0.12

December 8, 2017 - By Michael Collier

 EPS for Pier 1 Imports, Inc. (PIR) Expected At $0.12
Investors sentiment decreased to 1.1 in Q2 2017. Its down 0.44, from 1.54 in 2017Q1. It is negative, as 30 investors sold Pier 1 Imports, Inc. shares while 49 reduced holdings. 34 funds opened positions while 53 raised stakes. 67.87 million shares or 5.87% less from 72.11 million shares in 2017Q1 were reported.
Globeflex Cap Ltd Partnership stated it has 12,735 shares. Cubist Systematic Strategies Limited Liability invested in 52,564 shares. Tiaa Cref Limited Liability reported 0% in Pier 1 Imports, Inc. (NYSE:PIR). Canada Pension Plan Inv Board reported 221,500 shares or 0% of all its holdings. 97,400 were reported by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt. Advisory Svcs Network holds 448 shares. Moreover, Prudential has 0% invested in Pier 1 Imports, Inc. (NYSE:PIR) for 292,387 shares. Quantbot Technologies Lp, New York-based fund reported 21,623 shares. Metropolitan Life Insurance Ny holds 0% or 53,468 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 3,867 shares. Illinois-based Citadel Advisors Lc has invested 0% in Pier 1 Imports, Inc. (NYSE:PIR). Ngam Advsrs L P owns 41,971 shares for 0% of their portfolio. Nj State Employees Deferred Compensation Plan reported 0.02% of its portfolio in Pier 1 Imports, Inc. (NYSE:PIR). Smithfield owns 515 shares. Gotham Asset Mngmt Ltd Limited Liability Company has invested 0.04% in Pier 1 Imports, Inc. (NYSE:PIR).

Analysts expect Pier 1 Imports, Inc. (NYSE:PIR) to report $0.12 EPS on December, 13.They anticipate $0.10 EPS change or 45.45 % from last quarter’s $0.22 EPS. PIR’s profit would be $10.05 million giving it 10.83 P/E if the $0.12 EPS is correct. After having $-0.05 EPS previously, Pier 1 Imports, Inc.’s analysts see -340.00 % EPS growth. The stock increased 2.77% or $0.14 during the last trading session, reaching $5.2. About 1.45 million shares traded. Pier 1 Imports, Inc. (NYSE:PIR) has declined 2.95% since December 8, 2016 and is downtrending. It has underperformed by 19.65% the S&P500.

Pier 1 Imports, Inc. (NYSE:PIR) Ratings Coverage

Among 22 analysts covering Pier 1 Imports (NYSE:PIR), 5 have Buy rating, 5 Sell and 12 Hold. Therefore 23% are positive. Pier 1 Imports has $15.0 highest and $3.5 lowest target. $8.50’s average target is 63.46% above currents $5.2 stock price. Pier 1 Imports had 49 analyst reports since August 25, 2015 according to SRatingsIntel. Wolfe Research upgraded the stock to “Peer Perform” rating in Thursday, June 23 report. The stock of Pier 1 Imports, Inc. (NYSE:PIR) has “Market Perform” rating given on Thursday, December 15 by Telsey Advisory Group. The firm has “Neutral” rating by Credit Suisse given on Friday, December 11. The stock has “Outperform” rating by Credit Agricole on Friday, September 25. The rating was initiated by Loop Capital with “Buy” on Wednesday, January 4. The firm earned “Underperform” rating on Thursday, September 8 by Credit Suisse. The company was upgraded on Thursday, December 15 by Johnson Rice. The stock of Pier 1 Imports, Inc. (NYSE:PIR) has “Market Perform” rating given on Tuesday, December 15 by Telsey Advisory Group. Telsey Advisory Group maintained the shares of PIR in report on Thursday, September 29 with “Market Perform” rating. As per Thursday, December 17, the company rating was downgraded by Deutsche Bank.

Pier 1 Imports, Inc. engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products. The company has market cap of $435.71 million. 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. It has a 14.4 P/E ratio. As of February 25, 2017, the Company operated 941 stores in the United States and 77 stores in Canada It also operates e-Commerce Website, pier1.com.

More news for Pier 1 Imports, Inc. (NYSE:PIR) were recently published by: Seekingalpha.com, which released: “Credit Suisse sees Pier 1 Imports heading into unchartered territory” on November 08, 2017. Businesswire.com‘s article titled: “Pier 1 Imports, Inc. Announces Date for Third Quarter Fiscal 2018 Earnings …” and published on November 29, 2017 is yet another important article.

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