Stock To Watch: Pier 1 Imports, Inc. (NYSE:PIR)


The leading market experts have placed a mean price target of $5.41 on Pier 1 Imports, Inc. (NYSE:PIR) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.15 a share for the upcoming quarter and $0.34 for the current fiscal.

Technical View

The technical analysis of Pier 1 Imports, Inc. Common Sto plainly substantiates that the 50-day moving average of Pier 1 Imports, Inc. Common Sto is $4.88, and stock is trading $-0.42 points away or -8.52% from its 50-day moving average of $4.88. Further it is trading $-1.20 or -21.22% away its 200-day moving average of $5.66. Pier 1 Imports, Inc. (NYSE:PIR) 52-week high is $10.37 and the 52-week low is $3.76.

This explains if the stock moves $-5.91, it will post a 52-week high. In event of +18.62% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Pier 1 Imports, Inc. Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Pier 1 Imports, Inc. (NYSE:PIR) ratio came in at 14.11.

The stock last ended the trading session at $4.46 and registered a market cap of $364.22M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Pier 1 Imports, Inc. (NYSE:PIR) PEG ratio is at -1.24.

1 Chart Pattern Every Investor Should Know

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