News coverage about Pier 1 Imports (NYSE:PIR) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pier 1 Imports earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news headlines about the specialty retailer an impact score of 48.1000329359598 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Several equities analysts have recently issued reports on PIR shares. ValuEngine raised Pier 1 Imports from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Loop Capital downgraded Pier 1 Imports from a “buy” rating to a “hold” rating and dropped their price objective for the company from $8.00 to $4.00 in a report on Thursday, September 28th. Morgan Stanley reiterated an “underweight” rating and issued a $4.20 price objective (down previously from $4.60) on shares of Pier 1 Imports in a report on Thursday, September 28th. Credit Suisse Group dropped their price objective on Pier 1 Imports from $4.00 to $3.50 and set an “underperform” rating for the company in a report on Thursday, September 28th. Finally, Zacks Investment Research downgraded Pier 1 Imports from a “hold” rating to a “sell” rating in a report on Saturday, September 30th. Eight research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the stock. Pier 1 Imports has a consensus rating of “Hold” and a consensus target price of $4.78.

Shares of Pier 1 Imports (NYSE:PIR) opened at $4.24 on Monday. Pier 1 Imports has a fifty-two week low of $3.96 and a fifty-two week high of $9.22. The stock has a market capitalization of $353.40, a PE ratio of 15.14, a price-to-earnings-growth ratio of -7.07 and a beta of 1.86. The company has a quick ratio of 0.61, a current ratio of 2.14 and a debt-to-equity ratio of 0.74.

Pier 1 Imports (NYSE:PIR) last announced its quarterly earnings results on Wednesday, December 13th. The specialty retailer reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.02). Pier 1 Imports had a return on equity of 10.17% and a net margin of 1.28%. The business had revenue of $469.20 million during the quarter, compared to the consensus estimate of $466.60 million. During the same quarter last year, the company earned $0.22 earnings per share. The firm’s revenue was down 1.4% compared to the same quarter last year. sell-side analysts predict that Pier 1 Imports will post 0.2 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, January 16th. This represents a $0.28 annualized dividend and a dividend yield of 6.60%. Pier 1 Imports’s dividend payout ratio (DPR) is currently 100.00%.

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Pier 1 Imports Company Profile

Pier 1 Imports, Inc is an importer of home decor and furniture. The Company’s operations consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products. The Company’s categories of merchandise include decorative accessories and furniture.

Insider Buying and Selling by Quarter for Pier 1 Imports (NYSE:PIR)

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