Pier 1 Imports (NYSE:PIR) issued its quarterly earnings results on Wednesday, April 17th. The specialty retailer reported ($0.85) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.63), Bloomberg Earnings reports. Pier 1 Imports had a negative return on equity of 111.92% and a negative net margin of 12.80%. The firm had revenue of $412.51 million during the quarter.
NYSE:PIR traded down $0.05 on Friday, reaching $0.90. The company’s stock had a trading volume of 2,069,267 shares, compared to its average volume of 4,753,645. Pier 1 Imports has a 12-month low of $0.28 and a 12-month high of $3.14. The company has a quick ratio of 0.47, a current ratio of 1.76 and a debt-to-equity ratio of 2.74. The company has a market capitalization of $80.78 million, a P/E ratio of -0.37 and a beta of 4.19.
A number of equities analysts recently commented on the company. ValuEngine upgraded Pier 1 Imports from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. Zacks Investment Research downgraded Pier 1 Imports from a “hold” rating to a “strong sell” rating in a research report on Saturday, January 19th. Finally, Gordon Haskett downgraded Pier 1 Imports from a “hold” rating to an “underperform” rating in a research report on Thursday, March 21st. Five analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $1.44.
Pier 1 Imports Company Profile
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.
See Also: Retained Earnings
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