PIR stock: buy or sell?
September 20th, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
PIR stock analysis
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%).
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 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 targetHow 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 ShareAfter 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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.
|2013||$1,700 M||-||$129 M7.6%||-|
|2014||$1,770 M||4.12%||$108 M6.1%||-16.93%|
|2015||$1,866 M||5.41%||$75 M4.0%||-30.10%|
|2016||$1,892 M||1.42%||$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 resultsPier 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%.
|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 M||15.10%||$7.38 M1.6%||-194.39%|
|2018-Q1||$512 M||9.18%||$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||$413 M||16.29%||$-50.44 M-12.2%||-1.27%|
|2019-Q1||$413 M||-0.18%||$-68.80 M-16.7%||36.40%|
Pier 1 Imports ownershipWhen 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:
|Market cap||$43.2 M|
|Total shares||4.3 M|
|Float shares||3.6 M|
|- Institutional holdings (%)||49.8%|
|- Insider holdings (%)||6.6%|
|Shares in short selling||0.0%|
|Friday, September 20th, 2019|
|Day range||$9.45 - $10.22|
|Average true range||$1.31|
|50d mov avg||$5.08|
|100d mov avg||$8.89|
|200d mov avg||$12.88|
Pier 1 Imports performanceTo 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 :
|PIRPier 1 Imports||-10.59%||-33.36%||-65.07%|