Pier 1 Imports Inc. (NYSE:PIR)’s share price traded down 2.8% on Friday . The company traded as low as $4.50 and last traded at $4.52, with a volume of 573,717 shares traded. The stock had previously closed at $4.65.

A number of equities analysts have weighed in on the stock. Argus reaffirmed a “hold” rating on shares of Pier 1 Imports in a research note on Tuesday, May 3rd. Vetr raised shares of Pier 1 Imports from a “hold” rating to a “buy” rating and set a $6.87 price target on the stock in a research note on Tuesday, May 3rd. Topeka Capital Markets assumed coverage on shares of Pier 1 Imports in a research note on Sunday, May 29th. They set a “buy” rating and a $5.48 price target on the stock. BTIG Research assumed coverage on shares of Pier 1 Imports in a research note on Thursday, June 2nd. They set a “neutral” rating on the stock. Finally, Wolfe Research raised shares of Pier 1 Imports from an “underperform” rating to a “peer perform” rating in a research note on Wednesday, June 22nd. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $7.31.

The company’s 50-day moving average is $4.95 and its 200-day moving average is $5.64. The firm has a market capitalization of $370.75 million and a price-to-earnings ratio of 14.37.

Pier 1 Imports (NYSE:PIR) last posted its earnings results on Wednesday, June 29th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by $0.02. During the same period in the prior year, the business earned $0.08 earnings per share. The business had revenue of $418.40 million for the quarter. Pier 1 Imports’s revenue was down 4.2% on a year-over-year basis. On average, equities research analysts anticipate that Pier 1 Imports Inc. will post $0.34 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 3rd. Investors of record on Wednesday, July 20th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 6.17%. The ex-dividend date was Monday, July 18th.

Pier 1 Imports, Inc is an importer of home decor and furniture. The Company’s operations consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products. The Company’s categories of merchandise include decorative accessories and furniture.

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