PIR stock: buy or sell?

PIR stock price: $10.13 4.11% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Shares of Pier 1 Imports closed today at $10.13 and boosted an extraordinary 4.11%. Friday was the 5th green session in a row, marking 26.71%. On Tuesday PIR rocketed an amazing 7.34%. On Sep/13 PIR plummed a bloodcurdling -5.06%.

Pier 1 Imports, Inc. engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products.

Should I buy PIR stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Pier 1 Imports stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean PIR will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Pier 1 Imports stock a buy?

Banks and financial institutions post stock ratings everyday. At Stocks2.com, we collected 2 ratings published for PIR stock in the last month.

Is PIR a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-3-21Gordon Haskettn/aUnderperform
2019-1-8Gordon HaskettUnderperformHold

PIR stock analysis

Daily outlook

Shares of Pier 1 Imports closed today at $10.13 and boosted an extraordinary 4.11%.

Shares of Pier 1 Imports ended today at $10.13 and boosted an extraordinary 4.11%. Since price and SMA100d lines crossed up on Tuesday, PIR climbed $1.54 (17.93%).

PIR stock chart (daily)

Weekly outlook

Pier 1 Imports skyrocketed a super good 28.07% this week. Late July PIR plunged a bloodcurdling -27.51% in just one week. Counting this, it's been 5 green weeks in a row, gaining $6.66 or 184.49%.

Since this week when PIR stock price broke up the SMA20w line, it gained $2.22 (28.07%).

PIR stock chart (weekly)

PIR stock price history

PIR stock went public on March 18th, 1980 with a price of $4.481. Since then, PIR stock grew a 126.10%, with an average of 3.20% per year. If you had invested $1,000 in PIR stock in 1980, it would worth $1,261.00 today.

1: Adjusted price after possible price splits or reverse-splits.

PIR stock historical price chart

PIR stock reached 52-week highs on October at $36.40, and all-time highs 2013-05-15 with a price of 427.92.

PIR stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price forecast for Pier 1 Imports stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on April, Pier 1 Imports . As soon as we get its actual EPS from the earnings report, we will update this review.
PIR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.04n/a
2017-Q3-n/a-0.1n/a
2017-Q42017-12-130.110.09-18.2%
2018-Q12018-04-180.180.2116.7%
2018-Q22018-06-27-0.4-0.36n/a
2018-Q32018-10-03-0.63-0.63n/a
2018-Q42018-12-19-0.14-0.62n/a
2019-Q12019-04-16-0.23n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2019, Pier 1 Imports annual sales collapsed a hair-raising -13.65% to $1,552.94 million dollars from $1,798.52 marked in 2018. In line, its income margin (compared to revenues) plummed to -12.80%, that is $-198.83 million.

PIR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,700 M-$129 M7.6%-
2014$1,770 M4.12%$108 M6.1%-16.93%
2015$1,866 M5.41%$75 M4.0%-30.10%
2016$1,892 M1.42%$40 M2.1%-47.27%
2017$1,828 M-3.37%$30 M1.6%-23.98%
2018$1,799 M-1.64%$12 M0.6%-61.41%
2019$1,553 M-13.65%$-198.83 M-12.8%-1,810.24%

Quarterly financial results

Pier 1 Imports posted $412.51 M in sales for 2019-Q1, a -0.18% less compared to previous quarter. Reported quarter earnings marked $-68.80 million with a profit margin of -16.68%. Profit margin depreciated a -4.47% compared to previous quarter when profit margin was -12.21%. When comparing revenues to same quarter last year, Pier 1 Imports sales marked a chilling slide and plummed a -19.47%.
PIR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$410 M-$-2.99 M-0.7%-
2017-Q3$408 M-0.47%$-7.82 M-1.9%161.54%
2017-Q4$469 M15.10%$7.38 M1.6%-194.39%
2018-Q1$512 M9.18%$15.05 M2.9%103.96%
2018-Q2$372 M-27.40%$-28.50 M-7.7%-289.34%
2018-Q3$355 M-4.44%$-51.09 M-14.4%79.24%
2018-Q4$413 M16.29%$-50.44 M-12.2%-1.27%
2019-Q1$413 M-0.18%$-68.80 M-16.7%36.40%

Pier 1 Imports ownership

When you are planning to buy shares of a stock, it's worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Pier 1 Imports, 6.61% of all outstanding shares are owned by its staff.

In case of Pier 1 Imports stock, 49.81% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for PIR stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

PIR
Market cap$43.2 M
Total shares4.3 M
Float shares3.6 M
  - Institutional holdings (%)49.8%
  - Insider holdings (%)6.6%
Shares in short selling0.0%

PIR summary

Friday, September 20th, 2019
Open$10.00
Close$10.13
Day range$9.45 - $10.22
Previous close$9.73
Session gain4.11%
Average true range$1.31
50d mov avg$5.08
100d mov avg$8.89
200d mov avg$12.88
Daily patternlt01a
Weekly pattern lt03a

Pier 1 Imports performance

To better understand Pier 1 Imports performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Pier 1 Imports to :
Stock3m6m12m
PIRPier 1 Imports-10.59%-33.36%-65.07%

Pier 1 Imports competitors

Unfortunately, we could not find any public company that could be defined as Pier 1 Imports competitor. This doesn't mean Pier 1 Imports does not have any competitor in the market, it's just we could not detected it.