Drilling Down Into Pier 1 Imports, Inc. (PIR)

Pier 1 Imports, Inc. (PIR) is an interesting player in the Services space, with a focus on Specialty Retail, Other. The stock has been active on the tape, currently trading at $2.90, up from yesterday’s close by 2.11%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Pier 1 Imports, Inc. (PIR) currently trades with a market capitalization of $243.25 Million. That value represents a market adjusting for revenues that have been falling by -3.05 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $12.56 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -$0.39 on a per share basis this quarter. Perhaps, that suggests something about why 8.25% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how PIR has been acting. Looking at the stock’s movement on the chart, Pier 1 Imports, Inc. recorded a 52-week high of $5.92. It is now trading 3.02% off that level. The stock is trading $2.65 its 50-day moving average by -0.25%. The stock carved out a 52-week low down at $2.15.

In recent action, Pier 1 Imports, Inc. (PIR) has made a move of +34.26% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 13.25% with $77.98 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of PIR.

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