The Pier 1 Imports Inc. (PIR) Releases Q4 Earnings Guidance

Ameriprise Financial Inc. reduced its stake in Pier 1 Imports, Inc. A total of 1.38 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 1.84 Million shares, while its relative volume stands at 0.75. The institutional investor owned 462,355 shares of the specialty retailer's stock after selling 371,737 shares during the quarter. Pier 1 Imports's quarterly revenue was down 6.7% on a year-over-year basis. (PIR) average trading volume of 1,400,595 during the past month is 37% below its average volume over the past year, indicating that investors have been less active than usual in the stock in recent times. Teachers Advisors LLC lifted its holdings in shares of Pier 1 Imports by 794.7% in the 1st quarter. Jane Street Group LLC grew its holdings in shares of Pier 1 Imports by 29.0% during the 1st quarter.

The latest insider trades for Pier 1 Imports, Inc. Finally, Wedge Capital Management L L P NC purchased a new position in shares of Pier 1 Imports during the 2nd quarter worth $206,000. The stock has been active on the tape, now trading at $4.19, down from yesterday's close by -1.41%. Many analysts use price trends and patterns to predict future performance, and we can glean some important insights about PIR by examining the chart.

Analyst research firms are expressing bullish stance on Pier 1 Imports, Inc. Pier 1 Imports (NYSE:PIR)'s price sits -0.14% off from its 50-day moving average of $4.25 and -21.81% away from the stock's 200-day moving average which is $4.88. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the stock. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 3.40, which implies that analysts are generally neutral in their outlook for PIR over the next year. Zacks Investment Research raised Pier 1 Imports from a "sell" rating to a "hold" rating in a report on Wednesday, August 30th.

ILLEGAL ACTIVITY NOTICE: "Pier 1 Imports, Inc. (NYSE:PIR) Shares Sold by Ameriprise Financial Inc." was originally reported by Week Herald and is owned by of Week Herald. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of US and worldwide copyright law. The original version of this report can be read at

Shares of Pier 1 Imports, Inc. (NYSE:PIR) opened at $4.31 on Friday.

The company's quick ratio for most recent quarter is 0.4 along with current ratio for most recent quarter of 2.2. The stock has a market cap of $521.23 million, a price-to-earnings ratio of 27.23 and a beta of 1.72. Pier 1 Imports has a 52-week low of $3.96 and a 52-week high of $9.68.

Pier 1 Imports, Inc. most recently reported earnings per share (EPS) of -$0.05 for the August 2017 versus -$0.05 in the same quarter a year ago, representing 0% growth. The company's quarterly EPS surprised Wall Street by as much as -17% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

Peering into institutional ownership at Pier 1 Imports, Inc. It last reported revenues of $680.41 million and EPS of $0.38 for the July 2017, representing 3% top-line growth and 0.35 EPS growth. Pier 1 Imports's revenue for the quarter was up.4% compared to the same quarter last year. equities research analysts expect that Pier 1 Imports, Inc. will post 0.43 earnings per share for the current fiscal year. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Stockholders of record on Wednesday, October 18th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 6.68%. The ex-dividend date of this dividend was Tuesday, October 17th. Pier 1 Imports's dividend payout ratio is presently 77.78%.

Like this


10 November 2017
Take care - severe weather on the way
A second warning of possible severe thunderstorms with strong winds and a possibility of hail has also been issued for north-western KZN from 1pm to 9pm this evening.

10 November 2017
Milwaukee Bucks coach Jason Kidd fined for criticizing officiating
We have to do a better job of not fouling and making sure the officials understand there are fouls on the other end, too. Here's what we have to offer: read on to get a summary of all the main sports events that have been covered.

10 November 2017
Fraternity Social Events Suspend at University of MI
Activities that have already been paid for will still go on, but with monitors to keep an eye on students' sobriety. The newspaper reports some hazing allegations include people being put in "alleged near-death situations".

10 November 2017
Jefferies Group Weighs in on Range Resources Corporation's FY2017 Earnings (NYSE:RRC)
Meag Munich Ergo Kapitalanlagegesellschaft Mbh acquired 65,586 shares as Express Scripts Hldg Co (ESRX)'s stock declined 14.09%. Credit Suisse has "Neutral" rating and $74 target. (NYSE:RRC) has "Neutral" rating given on Monday, October 23 by JP Morgan.

10 November 2017
Tearful meeting for pair forever linked by face transplant
Andy says the transplant has transformed his life. 'I wanted to show you that your gift will not be wasted, ' he told Lilly. Lilly had feared seeing Calen's face on another man for the possible reminders of the suicide that ended his life.

10 November 2017
India 'deplores' UN Rapporteur's comments on Mahatma Gandhi
It denied the UNSR's allegations, citing a report by a private organisation, about the lack of toilets in government schools. UNSR alleged that human rights principles have not been properly addressed in India's water and sanitation programmes.

10 November 2017
Patrice Evra: Marseille defender banned from Uefa club matches for seven months
Evra was carried back over the hoardings by a team-mate before aiming a kick at the head of one of the Marseille followers. They also again criticised the attitude of the supporters whose provocation led to the player's reaction.

10 November 2017
Man stabbed during fight in Colorado Springs
Two males started fighting inside the auto , but they climbed out of the vehicle and continued fighting the report says. The victim called his friends to say he had been shot, then soon after, showed up at the hospital.

10 November 2017
The Express Scripts Holding Co
The company's quarterly revenue was down 2.9% compared to the same quarter previous year . (NYSE:TSS) for 10,300 shares. The stock of Express Scripts Holding Company (NASDAQ: ESRX ) earned "Neutral" rating by UBS on Thursday, October 6.

10 November 2017
Stryker Corporation (SYK) Earns Media Sentiment Score of 0.21
Chevy Chase Trust holds 0.13% or 318,864 shares. 3,175 are held by Cetera Advisor Ntwk Limited Co. (NYSE:CMI) for 583,419 shares. Its down 0.04, from 0.89 in 2017Q1. 130.61 million shares or 1.43% more from 128.77 million shares in 2017Q1 were reported.