Breakfast Technical Briefing on Specialty Retail Stocks - Michaels Cos., Tractor Supply, Pier 1 Imports, and Sally Beauty

NEW YORK, July 10, 2017 /PRNewswire/ --

If you want a Stock Review on MIK, TSCO, PIR or SBH then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has issued research reports on these four stocks: The Michaels Cos. Inc. (NASDAQ: MIK), Tractor Supply Co. (NASDAQ: TSCO), Pier 1 Imports Inc. (NYSE: PIR), and Sally Beauty Holdings Inc. (NYSE: SBH). These stocks belong to the Specialty Retail category, which includes owners and operators of apparel retail, computer and electronics retail, home improvement retail, specialty stores, automotive retail, and home furnishing retail. Daily Stock Tracker published free research reports on these stocks today at:

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Michaels Cos. 

Irving, Texas headquartered The Michaels Cos. Inc.'s stock climbed 0.11%, finishing last Friday's trading session at $18.27. A total volume of 3.03 million shares was traded, which was above their three months average volume of 2.01 million shares. The Company's shares have gained 4.34% in the last month. The stock is trading below its 50-day moving average by 8.31%. Additionally, shares of Michaels Cos., which owns and operates arts and crafts specialty retail stores in North America, have a Relative Strength Index (RSI) of 39.05.

On June 15^th, 2017, Michaels Cos. announced that its Board of Directors has authorized a new share repurchase program for up to $500 million of its common stock. The retail-leading profitability and high returns on invested capital, that the Company has generated, have resulted in a track record of strong and consistent free cash flow. See our free and comprehensive research report on MIK at:

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Tractor Supply 

Shares in Brentwood, Tennessee headquartered Tractor Supply Co. ended at $51.06, down 0.85% from the last trading session. The stock recorded a trading volume of 3.37 million shares, which was above its three months average volume of 2.49 million shares. The Company's shares are trading 10.20% below their 50-day moving average. Moreover, shares of Tractor Supply, which operates rural lifestyle retail stores in the US, have an RSI of 31.92.

On July 06^th, 2017, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $83 a share to $62 a share. TSCO free research report is just a click away at:

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Pier 1 Imports 

On Friday, shares in Fort Worth, Texas headquartered Pier 1 Imports Inc. recorded a trading volume of 3.16 million shares, which was above their three months average volume of 2.81 million shares. The stock declined 3.33%, closing the day at $4.64. The Company's shares are trading 18.09% below their 50-day moving average. Additionally, shares of Pier 1 Imports, which engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products, have an RSI of 32.03.

On June 28^th, 2017, Pier 1 Imports reported financial results for Q1 ended May 27^th, 2017. Net sales for Q1 FY18 totaled $409.5 million; gross profit totaled $151.6 million; selling, general, and administrative expenses were $140.2 million; and operating loss was $2.3 million. As of May 27^th, 2017, the Company had $161.6 million of cash and cash equivalents.

On June 29^th, 2017, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $6 a share to $5 a share. Sign up for your complimentary report on PIR at:

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Sally Beauty 

At the close of trading on Friday, shares in Denton, Texas headquartered Sally Beauty Holdings Inc. recorded a trading volume of 1.34 million shares. The stock finished the session 1.41% lower at $19.52. The Company's shares have gained 6.67% in the past month. The stock is trading above its 50-day moving average by 1.91%. Furthermore, shares of Sally Beauty, which together with its subsidiaries, operates as a specialty retailer and distributor of professional beauty supplies, have an RSI of 47.79.

On July 07^th, 2017, research firm DA Davidson initiated a 'Neutral' rating on the Company's stock, with a target price of $23 per share. Register for free on DailyStockTracker.com and download the latest research report on SBH at:

http://dailystocktracker.com/registration/?symbol=SBH

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