Kirkland’s (KIRK) Reaches New 12-Month Low at $5.24

Kirkland’s, Inc. (NASDAQ:KIRK)’s share price reached a new 52-week low on Monday . The company traded as low as $5.24 and last traded at $5.29, with a volume of 4241 shares. The stock had previously closed at $5.67.

A number of equities analysts have weighed in on the company. B. Riley downgraded Kirkland’s from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $12.00 to $6.50 in a research report on Wednesday. Zacks Investment Research raised Kirkland’s from a “hold” rating to a “strong-buy” rating and set a $12.00 price target for the company in a research report on Tuesday, January 29th.

The stock has a market capitalization of $74.94 million, a price-to-earnings ratio of 14.05 and a beta of 0.86.



Kirkland’s (NASDAQ:KIRK) last released its quarterly earnings results on Friday, March 15th. The specialty retailer reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.02). Kirkland’s had a return on equity of 4.37% and a net margin of 0.58%. The firm had revenue of $216.10 million for the quarter, compared to analyst estimates of $222.68 million. During the same period last year, the company earned $0.79 EPS. The company’s revenue was down 3.8% compared to the same quarter last year. As a group, equities analysts anticipate that Kirkland’s, Inc. will post 0.17 EPS for the current year.

Large investors have recently added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC acquired a new position in Kirkland’s during the 4th quarter worth approximately $38,000. Oregon Public Employees Retirement Fund acquired a new stake in shares of Kirkland’s in the 4th quarter valued at approximately $54,000. Brandywine Global Investment Management LLC acquired a new stake in shares of Kirkland’s in the 4th quarter valued at approximately $79,000. Texas Permanent School Fund acquired a new stake in shares of Kirkland’s in the 1st quarter valued at approximately $71,000. Finally, Alambic Investment Management L.P. acquired a new stake in shares of Kirkland’s in the 1st quarter valued at approximately $76,000. 97.15% of the stock is owned by hedge funds and other institutional investors.

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Kirkland’s Company Profile (NASDAQ:KIRK)

Kirkland's, Inc operates as a specialty retailer of home décor in the United States. The company's stores provide various merchandise, including holiday décor, furniture, art, fragrance and accessories, ornamental wall décor, decorative accessories, mirrors, lamps, textiles, artificial floral products, gifts, housewares, outdoor living items, frames, and clocks.

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