Media headlines about Pier 1 Imports (NYSE:PIR) have trended somewhat negative on Monday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pier 1 Imports earned a coverage optimism score of 0.00 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 47.7221979368549 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Pier 1 Imports from a “sell” rating to a “hold” rating in a research note on Wednesday, February 14th. Loop Capital set a $4.00 price objective on shares of Pier 1 Imports and gave the stock a “hold” rating in a research note on Thursday, December 14th. Telsey Advisory Group reissued a “market perform” rating on shares of Pier 1 Imports in a research note on Thursday, January 25th. ValuEngine raised shares of Pier 1 Imports from a “hold” rating to a “buy” rating in a research note on Monday, December 11th. Finally, Gordon Haskett cut shares of Pier 1 Imports from a “hold” rating to a “sell” rating and set a $3.50 price target for the company. in a research note on Thursday, December 14th. Eight investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $4.46.
Pier 1 Imports stock traded down $0.06 during mid-day trading on Monday, hitting $3.10. 50,260 shares of the company were exchanged, compared to its average volume of 1,778,486. Pier 1 Imports has a 52-week low of $2.87 and a 52-week high of $7.45. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.61 and a current ratio of 2.14. The stock has a market cap of $263.38, a PE ratio of 11.29, a PEG ratio of -5.12 and a beta of 1.56.
In other news, major shareholder & Co Towle purchased 32,900 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was purchased at an average cost of $3.09 per share, with a total value of $101,661.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Over the last ninety days, insiders have purchased 41,100 shares of company stock valued at $127,641. 5.45% of the stock is owned by corporate insiders.
COPYRIGHT VIOLATION WARNING: “Somewhat Critical News Coverage Somewhat Unlikely to Affect Pier 1 Imports (PIR) Share Price” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark law. The original version of this report can be accessed at https://www.dispatchtribunal.com/2018/03/19/somewhat-critical-news-coverage-somewhat-unlikely-to-affect-pier-1-imports-pir-share-price.html.
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.
Receive News & Ratings for Pier 1 Imports Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pier 1 Imports and related companies with MarketBeat.com's FREE daily email newsletter.