Pier 1 Imports (PIR) Earning Somewhat Favorable Press Coverage, Analysis Finds

Marco Green
March 6, 2018

Among 22 analysts covering Pier 1 Imports (NYSE:PIR), 5 have Buy rating, 6 Sell and 11 Hold. The Menta Capital Llc holds 82,335 shares with $345,000 value, down from 371,063 last quarter.

While having a peek at profitability ratios Pier 1 Imports (NYSE:PIR) has trailing twelve month gross margin at 37.2%, its trailing twelve month operating margin stands at 2.5% whereas its trailing twelve month net profit margin spots at 1.3%. The stock increased 2.93% or $0.09 during the last trading session, reaching $3.16. About 9,167 shares traded.

Pier 1 Imports, Inc. It has underperformed by 19.65% the S&P500.

Sei Investments Company decreased Veeva Sys Inc (VEEV) stake by 10.04% reported in 2017Q3 SEC filing. The stock was acquired at an average price of $3.09 per share, for a total transaction of $101,661.00. The business's revenue for the quarter was down 1.4% compared to the same quarter previous year. The Manufacturers Life Insurance Company now owns 64,436 shares of the specialty retailer's stock valued at $335,000 after acquiring an additional 326 shares during the last quarter. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 39.52% since March 4, 2017 and is uptrending.

Investors sentiment decreased to 0.94 in Q3 2017. Its down 0.16, from 1.1 in 2017Q2.

Other large investors also recently bought and sold shares of the company. Bbva Compass Natl Bank invested in 0.01% or 25,089 shares.

Shares of Pier 1 Imports Inc (NYSE PIR) traded down $0.11 during trading on Monday, reaching $3.05. Lsv Asset Mngmt invested in 10,000 shares. Aqr Management Limited Liability Corp owns 31,790 shares or 0% of their U.S. portfolio. Wells Fargo & Com Mn accumulated 106,188 shares.

Pier 1 Imports (PIR) traded up $0.09 on Friday, hitting $3.16. Welch And Forbes Llc holds 31,990 shares. Millennium Management Ltd Limited Liability Company holds 1.81 million shares or 0.01% of its portfolio. Panagora Asset Management Inc sold 17,826 shares as Morningstar Inc (MORN)'s stock declined 8.16%. Teacher Retirement System of Texas purchased a new position in shares of Pier 1 Imports during the 4th quarter worth approximately $109,000. (NYSE:PIR) to report earnings on April, 11. (NYSE:PIR) for 31,400 shares. Jpmorgan Chase And has invested 0% in Pier 1 Imports, Inc. ValuEngine upgraded Pier 1 Imports from a "hold" rating to a "buy" rating in a report on Monday, December 11th. State Street holds 1.90 million shares. It also upped Callaway Golf Co (NYSE:ELY) stake by 61,666 shares and now owns 92,639 shares. Level 3 Communications Inc (NYSE:LVLT) was raised too.

Analysts await Pier 1 Imports, Inc. It has a 10.75 P/E ratio. During the same period last year, the business posted $0.22 EPS. equities analysts forecast that Pier 1 Imports will post 0.2 earnings per share for the current fiscal year. The specialty retailer reported $0.09 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by ($0.02). Out of the analyst recommendations 0 rate Pier 1 Imports (NYSE:PIR) stock a Buy, 0 rate the stock Outperform, 9 rate Hold, 2 rate Underperform and 4 recommend a Sell. Therefore 23% are positive. The company now has a consensus rating of "Hold" and an average price target of $4.78. The rating was maintained by Jefferies with "Hold" on Thursday, September 29. Loop Capital set a $4.00 price objective on Pier 1 Imports and gave the stock a "hold" rating in a research report on Thursday, December 14th. Jefferies maintained Pier 1 Imports, Inc. (NYSE:PIR) rating on Friday, September 25. The rating was downgraded by Johnson Rice on Thursday, December 17 to "Hold". The firm earned "Hold" rating on Thursday, October 8 by Jefferies. On Tuesday, December 15 the stock rating was maintained by Telsey Advisory Group with "Market Perform".

Since February 15, 2018, it had 2 insider buys, and 0 sales for $22,700 activity. The insider TOWLE & CO bought $11,350. Shares for $1.11 million were sold by LEVY ALAN J. The insider Samath Jamie sold 1,564 shares worth $580,535. $104,281 worth of stock was sold by Lequient Frederic on Wednesday, September 6. Stock's twelve month price oscillated between $7.63 and $2.87. 18,000 Intuitive Surgical, Inc. (NASDAQ:ISRG) shares with value of $6.71 million were sold by SMITH LONNIE M. Seven analysts have rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the stock. Therefore 67% are positive. Veeva Systems had 50 analyst reports since August 28, 2015 according to SRatingsIntel. (NYSE:VEEV) has "Hold" rating given on Friday, May 27 by Deutsche Bank. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, January 25. As per Monday, November 9, the company rating was initiated by UBS. The rating was maintained by RBC Capital Markets on Friday, September 1 with "Hold". The stock of Veeva Systems Inc.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.03, from 1.07 in 2017Q2. It dropped, as 35 investors sold ISRG shares while 190 reduced holdings. 25 funds opened positions while 48 raised stakes. Prudential Financial owns 476,547 shares. Petrus Co Lta holds 0.14% or 137,642 shares in its portfolio. Citigroup has invested 0% in Morningstar, Inc. (NASDAQ:ISRG). Atria Invests Ltd invested 0.03% in Intuitive Surgical, Inc. (NASDAQ:MORN) for 27 shares. (NASDAQ:ISRG). Coldstream Cap owns 205 shares. Moreover, Citadel Advsrs Limited Liability Corp has 0% invested in Morningstar, Inc. It was reported on Mar, 5 by Barchart.com. Capital One National Association, a New York-based fund reported 94,230 shares. Norris Perne French Limited Liability Partnership Mi has 350 shares.

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