Shares of Kirkland’s Inc. (NASDAQ:KIRK) have been given a consensus rating of “Buy” by the seven analysts that are currently covering the stock. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $19.00.

A number of brokerages have issued reports on KIRK. B. Riley restated a “buy” rating and set a $15.00 price target on shares of Kirkland’s in a research note on Monday, August 29th. SunTrust Banks Inc. cut their price target on shares of Kirkland’s from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, August 24th. Zacks Investment Research upgraded shares of Kirkland’s from a “sell” rating to a “hold” rating in a research note on Tuesday, October 25th. Finally, Sidoti lowered shares of Kirkland’s from a “buy” rating to a “neutral” rating and cut their price target for the company from $21.00 to $13.00 in a research note on Tuesday, August 23rd.

Shares of Kirkland’s (NASDAQ:KIRK) opened at 12.88 on Tuesday. The company has a market capitalization of $204.66 million, a P/E ratio of 15.67 and a beta of 1.66. Kirkland’s has a 12 month low of $11.18 and a 12 month high of $20.79. The stock’s 50 day moving average is $12.33 and its 200 day moving average is $13.83.

Kirkland’s (NASDAQ:KIRK) last posted its quarterly earnings data on Tuesday, August 23rd. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.21) by $0.01. The firm had revenue of $123 million for the quarter, compared to the consensus estimate of $125.54 million. Kirkland’s had a return on equity of 11.08% and a net margin of 2.35%. The company’s revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.11) EPS. On average, equities analysts predict that Kirkland’s will post $0.73 EPS for the current fiscal year.

In other news, Director Carl Kirkland sold 37,643 shares of the company’s stock in a transaction on Thursday, October 20th. The shares were sold at an average price of $12.67, for a total value of $476,936.81. Following the sale, the director now directly owns 778,856 shares of the company’s stock, valued at approximately $9,868,105.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 10.50% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the stock. Royce & Associates LP increased its stake in Kirkland’s by 37.2% in the second quarter. Royce & Associates LP now owns 638,715 shares of the company’s stock valued at $9,376,000 after buying an additional 173,278 shares during the period. GSA Capital Partners LLP increased its stake in Kirkland’s by 6.5% in the second quarter. GSA Capital Partners LLP now owns 107,929 shares of the company’s stock valued at $1,584,000 after buying an additional 6,606 shares during the period. State Board of Administration of Florida Retirement System increased its stake in Kirkland’s by 1.5% in the second quarter. State Board of Administration of Florida Retirement System now owns 21,020 shares of the company’s stock valued at $309,000 after buying an additional 314 shares during the period. California Public Employees Retirement System increased its stake in Kirkland’s by 20.9% in the second quarter. California Public Employees Retirement System now owns 158,400 shares of the company’s stock valued at $2,325,000 after buying an additional 27,400 shares during the period. Finally, Emerald Acquisition Ltd. acquired a new stake in Kirkland’s during the second quarter valued at approximately $729,000. 83.80% of the stock is currently owned by institutional investors and hedge funds.

Kirkland’s Company Profile

Kirkland’s, Inc is a specialty retailer of home decor and gifts in the United States. The Company’s merchandise categories include wall decor, art, mirrors, lamps, decorative accessories, accent furniture, textiles, fragrance and accessories, frames, housewares, impulse and personal accessories, outdoor living and artificial floral products.

5 Day Chart for NASDAQ:KIRK

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