Valuation Review: Anglogold Ashanti Ltd (AU) and Pier 1 Imports (PIR)

Pier 1 Imports Inc (PIR) has declined 2.95% since October 5, 2016 and is downtrending.

A number of equities analysts have recently issued reports on PIR shares.

October 2 investment analysts at Morgan Stanley maintained a company rating of "Underweight" and lowered the price target from $4.60 to $4.20.

PIR has been the subject of a number of other research reports. The company has managed to keep price to sales ratio of 0.00 against an industry average of 89.77. Jefferies Group LLC dropped their target price on Pier 1 Imports from $7.25 to $5.90 and set a hold rating on the stock in a research report on Friday, June 30th. Finally, ValuEngine raised Pier 1 Imports from a "hold" rating to a "buy" rating in a report on Friday, September 15th. Johnson Rice downgraded shares of Pier 1 Imports from an "accumulate" rating to a "hold" rating in a research report on Thursday, June 29th. Seven analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the stock. (PIR). The consensus rating is 3.4, suggesting the market has given up on the stock. Any way you dice it, a dip below $4.06 a share would be very bad news for PIR's technical picture in the near-term.

Analysts on average have given a price target of $4.17 to Pier 1 Imports, Inc. The company has market cap of $318.64 million. (PIR)'s distance from 200 day simple moving average is -30.75 percent, its distance from 50 day simple moving average is -4.1 percent, while its distance from 20 day simple moving average is -5.22 percent.

Pier 1 Imports (NYSE:PIR) last released its quarterly earnings data on Wednesday, September 27th. In the last earnings report the EPS was $0.40 and is projected to be $0.41 for the current year with 81,080,000 shares now outstanding.

Total debt to equity ratio of Pier 1 Imports (NYSE:PIR) for most recent quarter is 0.72 whereas long term debt to equity ratio for most recent quarter is 0.71. The firm had revenue of $407.61 million during the quarter, compared to analysts' expectations of $406.32 million. A rating of 3 would indicate a Hold recommendation. Its price distance from 52-week high is -57.11 and from 52-week low is 4.8. The stock of Pier 1 Imports Inc (NYSE:PIR) earned "Buy" rating by Loop Capital on Wednesday, January 4.

For this year, Pier 1 Imports, Inc.

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04/17/2017 - Pier 1 Imports, Inc. had its "neutral" rating reiterated by analysts at Guggenheim.

The following firms have recently changed their position in PIR. Zooming out to the 50-day, we can see that shares are now trading -5.01% off of that mark. The ex-dividend date will be Monday July 17th, 2017. This represents a $0.28 dividend on an annualized basis and a yield of 6.39%. Smithfield Company reported 0% of its portfolio in Pier 1 Imports Inc (NYSE:PIR). Airain ltd bought a new stake in shares of Pier 1 Imports in the 1st quarter worth approximately $159,000. (PIR) stock price traded downswing along with the volume 3.71 million shares in last session. JPMorgan Chase & Co. boosted its position in Pier 1 Imports by 32.4% during the first quarter.

Under Armour, Inc. (NYSE:UA) closed at $15.26 a share in the latest session and the stock value rose nearly -39.37% since the beginning of this year. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 10.15. Vanguard Group Inc. now owns 7,304,924 shares of the specialty retailer's stock worth $52,303,000 after acquiring an additional 1,179,575 shares during the last quarter. The Hexavest Inc holds 828,531 shares with $28.56M value, up from 773,530 last quarter. The Georgia-based Capital Investment Advisors Llc has invested 0.08% in the stock. Institutional investors own 82.76% of the company's stock. It turned negative, as 30 investors sold Pier 1 Imports Inc shares while 49 reduced holdings.

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