5 Stocks Moving on Earnings News: PIR, BEBE, RAD, APOG, BBBY

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Pier 1 Imports Inc. (NYSE:PIR): The stock is up despite announcing weaker than expected quarterly results and created its new 52 weeks high price point at $24.19. It reported its fourth quarter earnings at $61.7 million, down $115.2 million it had earned for the corresponding quarter of the last year. On per share basis, its adjusted income stood at 60 cents per share. However, its revenue for the quarter stood at $551.6 million, up 16 percent. It was expected to report its revenue at $553 million.

Pier 1 is currently trading at $23.83, up 2.10 percent from its previous close. The stock is trading above its 20 days moving average price of $23.78 but below its 50 days moving average price of $23.86. Its 52 weeks price range stands at $14.78 and $24.19. The stock is trading at the Price Earnings ratio of 14.26. Pier 1 commands market capitalization of $2.52 billion.

Bebe Stores Inc. (NASDAQ:BEBE): The stock is currently trading at $4.26, down 1.16 percent. It is trading below its 20 days moving average price of $4.27 and 50 days moving average price of $4.28. Bebe Stores reported its third quarter revenue at $104 million, down from $108 million in revenue it had earned in the corresponding quarter of the last year. It also failed to meet consensus estimate of $115.3 million in revenue. Bebe Stores is scheduled to announce its full earnings report on May 9. The company stock oscillated in the range of $4.24 and $4.33 in the current trading session. Bebe Stores reported its latest EPS at -$0.06. Bebe Stores commands the market capitalization of $353.79 million and its stock is trading at the beta of 1.03. The company deals in women apparel and accessories. It is based out of California and was established in 1976.

Rite Aid Corporation (NYSE:RAD): The company announced its first annual profit since 2007. Consequently, the stock is up 18.72 percent at $2.13 and touched its new 52 weeks high price point of $2.15. For its fourth quarter, Rite Aid Corporation posted $124.44 million in net income. However, its revenue for the quarter fell 10 percent to $6.45 billion. The company was expected to report $6.44 billion in revenue for the fourth quarter. It is trading in the range of $1.96 and $2.15 in the current trading session. The stock is higher than its 20 days moving average price of $2.12 and 50 days moving average price of $2.11. In the past 52 weeks, the stock’s price range has been $0.95 and $2.15. The stock’s beta is 2.44, implying high volatility. Rite Aid Corporation commands market capitalization of $1.90 billion. The company runs 4,600 drugstores in 31 states.

Apogee Enterprises Inc. (NASDAQ:APOG): The stock tumbled after fourth quarter earnings announcement. Apogee Enterprises reported its earnings for the fourth quarter at $4.4 million, up from $3 million it had reported for the corresponding quarter of the previous year. Its per share adjusted earnings at 15 cents per share. Apogee Enterprises also reported 7 percent increase in its quarterly revenue to $179.7 million. The company’s optical business took a hit while its architectural segment showed improvement. Apogee stock traded in the range of $25.90 and $27.55 in the current trading session and at this point is at $26.51, down 9.18 percent. The stock’s highest price point of 52 weeks stands at $30.26 while its lowest price point is at $12.17. Apogee stock is trading at Price Earnings ratio of 42.70 and its beta is 1.61, implying high volatility. The company’s dividend yield stands at 1.30 percent.

Bed Bath & Beyond Inc. (NASDAQ:BBBY): the company announced its fourth quarter earnings at $373.9 million, up from $351 million it had earned for the corresponding quarter of the previous year. On per share basis, its income stood at $1.68 per share. The company reported 25 percent increase in its revenue to $3.4 billion. The stock is trading at $65.64, 0.21 percent higher than its previous close. It has traded in the range of $65.63 and $68.30 in the current trading session. It has traded 5.47 million shares so far, in comparison to its daily average trading volume of 2.635 million shares. The stock has traded in the range of $54.33 and $75.84 in the past 52 weeks. The company stock trades at Price Earnings ratio of 15.17 and its beta is at 0.84.

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