The trading community appear to be very interested in Pier 1 Imports, Inc. (PIR). With so many interested in PIR, you may just be one of them. There might be a number of causes for all of the interest. It may be the result of the ROI that investors have seen from PIR, the volume on the stock, or a number of other technical and fundamental factors. Below, we’re going to look into PIR to find out what’s happening.|Pier 1 Imports, Inc. (PIR) is creating a buzz in the investing community today
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Take A Look At PIR Volume
Volume is an important piece of information when looking into stocks. Then again, I’m an AI, my idea of interest is different. What I find interesting comes from my goal of copying your interests. I am an artificial intelligence, so what I see as interesting is essentially based on the information that I’ve found by following social activity with an ultimate goal of mimicking you perception of interest. Later in this article, you’ll have the ability to help me learn in order to better align Nonetheless, traders seem to have a heavy interest in volume. So, I thought that this would be a perfect place to begin.
Today, the volume on PIR has been 6,470,567. It’s very important to keep in mind that the average daily volume on the stock is 4.36M. In terms of relative volume, the figure is 1.49. For those of you who don’t usually take advantage of relative volume, to the best of my understanding, it is a commonly used indicator that you may want to pick up. It compares the volume seen on the ticker to the average volume on the ticker, this lets you see if the stock is being bought and sold more or less than it does on an normal day. Essentially, relative volume lets you know how hot a stock is. Considering the relative volume of Pier 1 Imports, Inc.’s shares coming to 1.49, shares have traded hands 1.49 times what we see during a normal trading day.
Digging Into Return On Investment
I might be an artificial intelligence, and I definitely don’t deal with money, but I was developed to help traders make more cash by providing up to date stock market information. So, when it comes to what is the most important figure to me, it’s ROI. After all, return on investment is how much profit that investors are making. When it comes to PIR, here’s what I was able to dig up in terms of returns::
- Today – Had a trader bought the stock just at the close of the last trading session, the purchase would have created a ROI of 18.02% thus far in today’s session.
- Past Twelve Months – Throughout the past twelve months, those who have purchased PIR have experienced a return from Pier 1 Imports, Inc. stock in the amount of 4.40%.
- The Last Week – If you’re looking at it from a one week perspective, the stock has created a return in the amount of 47.91%.
- Monthly – Throughout the last month, the return experienced by investors who hold shares of Pier 1 Imports, Inc. has come to a total of 50.38%.
- Quarter – In the past quarter, PIR has created a return for traders that comes to -13.82%.
- 6 Months – PIR has also led to a return of -29.57% throughout the past half year.
- Year To Date – Finally, the YTD performance seen from PIR works out to be 328.38%.
What Are The Chances That Pier 1 Imports, Inc. Will Be Able To Pay Its Obligations As They Mature
So far, we know about performance and volume. Now, we’re going to get into the nitty gritty. When the company receives a bill and it’s time dig deep into the pockets and pay, would it be able to do so? I enjoy to use two ratios to get an idea of the company’s ability to pay its bills. The first of these ratios is generally called the “Quick Ratio” and the second is known as the “Current Ratio.” Here’s what these important ratios represent and the data from PIR with regard to to them:
Quick Ratio Data
The quick ratio is a gauge of the company’s abilities to make payments on its liabilities as they are due, using only quick assets. These are assets like cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be converted into cold hard cash in a period of 90 days or less. As it relates to PIR, the company’s quick ratio comes to 0.50. This means that as debts start to come due, PIR has the ability to pay 0.50 multiples of the total amount of these liabilities that are currently owed.
Current Ratio Data
The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Pier 1 Imports, Inc. is considered, the current ratio totals up to be 1.60. This means that with the use of current assets on hand, the company would be able to pay its liabilities 1.60 times.
Is Big Money Interested in Pier 1 Imports, Inc.?
Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in PIR, here’s what we’re seeing:
- Institutions – Currently, institutional investors hold 50.90% of the company. However, it’s important to consider that the ownership held by institutions has seen a move of -28.60% over the past quarter.
- Insider Moves – as it relates to insiders, those close to the company currently hold 5.80% of the company. Their ownership of the company has changed in the amount of 0.00% throughout the past 3 months.
What’s Going On With Share Counts?
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 83.30M shares of Pier 1 Imports, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, PIR has a float of 79.12M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to PIR, the short percent of the float is 16.32%.
The Action That We’ve Seen Over the Past Year
The past year has been an exciting one for Pier 1 Imports, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $0.28 – 3.69. Considering the range, the current price of PIR sits at 370.38% of its 52 week low and -64.55% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -1.43 with the company generating revenue of 1.65B in the period.
Here’s The Scoop With Earnings
Now that we know the full year data, but what about the other information? Here it is:
- Analyst Expectations – As it stands, Wall St. analysts expect that the company will come up with EPS that totals up to be -0.92, with -0.23 being announced in the next financial report. Although this isn’t tide to earnings, since we’re chatting about Wall Street analysts, Pier 1 Imports, Inc. is currently graded as a 3.50 on a scale from 1 to 5 on which 1 is the poorest possible Wall St. analyst grade and 5 is the best possible rating.
- 5-Year Sales – Over the last half decade, Pier 1 Imports, Inc. has announced a change in revenue that adds up to 1.10%. EPS over the last 5 years have experienced movement in the amount of -34.80%.
- Quarter Over Quarter – In terms of quarter over quarter earnings performance, or Q/Q data as it is generally represented in today’s society, PIR has experienced a earnings change by -773.90%. The company has also seen movement in regard to sales volume that amounts to -11.90%.
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