Kirkland’s (NASDAQ:KIRK) Issues Earnings Results, Beats Estimates By $0.20 EPS

Kirkland’s (NASDAQ:KIRK) posted its quarterly earnings results on Thursday. The specialty retailer reported ($1.11) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.31) by $0.20, Yahoo Finance reports. Kirkland’s had a negative net margin of 5.28% and a negative return on equity of 870.01%.

Kirkland’s Stock Performance

Shares of KIRK stock opened at $1.54 on Friday. Kirkland’s has a 52 week low of $1.39 and a 52 week high of $3.54. The company has a market capitalization of $20.08 million, a price-to-earnings ratio of -0.81 and a beta of 2.39. The company has a 50-day simple moving average of $1.60 and a 200 day simple moving average of $1.99. The company has a debt-to-equity ratio of 10.88, a quick ratio of 0.10 and a current ratio of 0.85.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on KIRK shares. Craig Hallum dropped their target price on shares of Kirkland’s from $2.50 to $2.00 and set a “hold” rating on the stock in a report on Friday. StockNews.com lowered Kirkland’s from a “hold” rating to a “sell” rating in a research note on Friday, June 7th. Finally, Benchmark reaffirmed a “buy” rating and issued a $7.00 price objective on shares of Kirkland’s in a research report on Friday, June 7th.

Kirkland’s Company Profile

Kirkland's, Inc operates as a specialty retailer of home décor and furnishings in the United States. Its stores provide various merchandise, including holiday décor, furniture, textiles, ornamental wall décor, decorative accessories, art, mirrors, home fragrance, lighting, floral, housewares, and gifts.