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Shares of Pacific Sunwear of California (NASDAQ:PSUN) have been given a consensus rating of “Hold” by the eleven analysts that are presently covering the stock, Analyst Ratings Net reports. Five equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $3.39.

A number of analysts have recently weighed in on PSUN shares. Analysts at Davidson cut their price target on shares of Pacific Sunwear of California from $4.00 to $3.00 in a research note on Friday. Separately, analysts at B. Riley downgraded shares of Pacific Sunwear of California from a “buy” rating to a “neutral” rating in a research note on Wednesday. They now have a $2.10 price target on the stock, down previously from $4.25. Finally, analysts at DA Davidson cut their price target on shares of Pacific Sunwear of California from $5.50 to $4.00 in a research note on Friday, May 30th. They now have a “buy” rating on the stock.

Pacific Sunwear of California (NASDAQ:PSUN) opened at 1.93 on Wednesday. Pacific Sunwear of California has a 52 week low of $1.84 and a 52 week high of $4.59. The stock’s 50-day moving average is $2.24 and its 200-day moving average is $2.66. The company’s market cap is $133.0 million.

Pacific Sunwear of California (NASDAQ:PSUN) last released its earnings data on Thursday, May 29th. The company reported ($0.11) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.13) by $0.02. The company had revenue of $171.00 million for the quarter, compared to the consensus estimate of $170.74 million. During the same quarter in the prior year, the company posted ($0.14) earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. On average, analysts predict that Pacific Sunwear of California will post $-0.27 earnings per share for the current fiscal year.

Pacific Sunwear of California, Inc (NASDAQ:PSUN), together with its subsidiaries, is a specialty retailer rooted in the action sports, fashion and music influences of the California lifestyle.

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