Share on StockTwits

Pier 1 Imports (NYSE:PIR) is scheduled to release its Q115 earnings data on Thursday, June 19th. Analysts expect Pier 1 Imports to post earnings of $0.20 per share and revenue of $422.43 million for the quarter. Pier 1 Imports has set its FY15 guidance at $1.16-1.24 EPS.

Pier 1 Imports (NYSE:PIR) last announced its earnings results on Thursday, April 10th. The company reported $0.41 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.41. The company had revenue of $515.80 million for the quarter, compared to the consensus estimate of $512.76 million. During the same quarter in the prior year, the company posted $0.60 earnings per share. The company’s quarterly revenue was down 6.5% on a year-over-year basis. On average, analysts expect Pier 1 Imports to post $1.21 EPS for the current fiscal year and $1.42 EPS for the next fiscal year.

Shares of Pier 1 Imports (NYSE:PIR) opened at 18.18 on Wednesday. Pier 1 Imports has a one year low of $16.86 and a one year high of $24.77. The stock’s 50-day moving average is $17.76 and its 200-day moving average is $19.28. The company has a market cap of $1.762 billion and a price-to-earnings ratio of 17.34. Pier 1 Imports also saw some unusual options trading on Monday. Traders purchased 11,647 put options on the stock. This is an increase of approximately 1,646% compared to the typical volume of 667 put options.

A number of research firms have recently commented on PIR. Analysts at Barrington Research initiated coverage on shares of Pier 1 Imports in a research note on Monday, June 2nd. They set a “market perform” rating on the stock. On the ratings front, analysts at Zacks upgraded shares of Pier 1 Imports from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 30th. They now have a $18.60 price target on the stock. Finally, analysts at Barclays upgraded shares of Pier 1 Imports from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, April 15th. They now have a $23.00 price target on the stock, up previously from $19.00. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. Pier 1 Imports has an average rating of “Hold” and a consensus target price of $19.76.

Pier 1 Imports, Inc (NYSE:PIR) is a global importer of imported decorative home furnishings and gifts.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.