Analysts See $0.12 EPS for Pier 1 Imports Inc (PIR)

November 14, 2017 - By Winifred Garcia

 Analysts See $0.12 EPS for Pier 1 Imports Inc (PIR)
Investors sentiment decreased to 1.1 in 2017 Q2. Its down 0.44, from 1.54 in 2017Q1. It dived, 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.
State Board Of Administration Of Florida Retirement Systems owns 0% invested in Pier 1 Imports Inc (NYSE:PIR) for 165,952 shares. Canada Pension Plan Board has invested 0% in Pier 1 Imports Inc (NYSE:PIR). Penn Mngmt Inc has 0.25% invested in Pier 1 Imports Inc (NYSE:PIR) for 634,958 shares. 365,100 are held by Hutchin Hill Capital L P. Pnc Financial Gp holds 0% of its portfolio in Pier 1 Imports Inc (NYSE:PIR) for 2,390 shares. D E Shaw & invested in 411,960 shares or 0% of the stock. Rhumbline Advisers owns 0% invested in Pier 1 Imports Inc (NYSE:PIR) for 107,812 shares. Axa holds 0.01% or 278,500 shares. Tudor Corporation Et Al holds 92,622 shares. 10,799 are held by Great West Life Assurance Comm Can. Employees Retirement Systems Of Ohio reported 0% in Pier 1 Imports Inc (NYSE:PIR). Tocqueville Asset L P reported 0.03% stake. Tfs Limited Liability Company stated it has 42,054 shares or 0.09% of all its holdings. Credit Suisse Ag reported 82,699 shares stake. 614 were accumulated by Cwm Ltd Company.

Investors wait Pier 1 Imports Inc (NYSE:PIR) to report on December, 13. its quarterly earnings Wall Street analysts expect $0.12 EPS, down $0.10 or 45.45 % from last year’s $0.22 same quarter earnings. This translates into $10.05M profit for PIR giving the stock a 9.00 P/E. This is assuming the current $0.12 EPS is accurate. Pier 1 Imports Inc’s Wall Street analysts see -340.00 % EPS growth, taking into account the $-0.05 EPS reproted in the previous quarter, The stock decreased 1.59% or $0.07 during the last trading session, reaching $4.32. About 682,082 shares traded. Pier 1 Imports Inc (NYSE:PIR) has declined 2.95% since November 14, 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 had 49 analyst reports since August 25, 2015 according to SRatingsIntel. As per Thursday, June 23, the company rating was upgraded by Wolfe Research. The rating was maintained by Wedbush on Thursday, September 8 with “Neutral”. Longbow initiated the stock with “Neutral” rating in Thursday, June 16 report. Jefferies maintained the shares of PIR in report on Wednesday, April 19 with “Hold” rating. Jefferies maintained Pier 1 Imports Inc (NYSE:PIR) on Thursday, September 29 with “Hold” rating. KeyBanc Capital Markets downgraded Pier 1 Imports Inc (NYSE:PIR) on Wednesday, January 27 to “Sector Weight” rating. The stock of Pier 1 Imports Inc (NYSE:PIR) earned “Underperform” rating by Credit Suisse on Thursday, September 8. Telsey Advisory Group maintained the stock with “Market Perform” rating in Thursday, June 29 report. The rating was upgraded by Zacks to “Hold” on Tuesday, August 25. Deutsche Bank maintained Pier 1 Imports Inc (NYSE:PIR) rating on Wednesday, May 31. Deutsche Bank has “Sell” rating and $500 target.

Pier 1 Imports, Inc. is an importer of home decor and furniture. The company has market cap of $361.97 million. The Company’s activities 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. It has a 11.92 P/E ratio. The Company’s categories of merchandise include decorative accessories and furniture.

More recent Pier 1 Imports Inc (NYSE:PIR) news were published by: Seekingalpha.com which released: “Credit Suisse sees Pier 1 Imports heading into unchartered territory” on November 08, 2017. Also Nasdaq.com published the news titled: “Pier 1 Imports, Inc. (PIR) Ex-Dividend Date Scheduled for October 17, 2017” on October 16, 2017. Prnewswire.com‘s news article titled: “Technical Insights on Specialty Retail Stocks — Pier 1 Imports, Party City …” with publication date: October 24, 2017 was also an interesting one.

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