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Pier 1 Imports (PIR) Soars: Stock Adds 15% in Session

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Pier 1 Imports, Inc. was a big mover last session, as the company saw its shares rise more than 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up 26.5% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of one increase and six decreases over the past few months, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Pier 1 Imports currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Retail - Home Furnishings industry may consider Restoration Hardware Holdings Inc. (RH - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is PIR going up? Or down? Predict to see what others think:Up or Down

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