Kirkland’s Inc. (NASDAQ:KIRK) – Stock analysts at B. Riley issued their Q2 2018 earnings per share estimates for Kirkland’s in a research note issued on Wednesday. B. Riley analyst J. Van. Sinderen anticipates that the brokerage will post earnings per share of ($0.24) for the quarter. B. Riley currently has a “Buy” rating and a $18.00 target price on the stock.

KIRK has been the subject of several other research reports. Zacks Investment Research raised shares of Kirkland’s from a “sell” rating to a “hold” rating in a report on Tuesday, October 25th. SunTrust Banks Inc. decreased their price target on shares of Kirkland’s from $20.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, August 24th. Finally, Sidoti lowered shares of Kirkland’s from a “buy” rating to a “neutral” rating and decreased their price target for the company from $21.00 to $13.00 in a report on Tuesday, August 23rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $18.20.

Earnings History and Estimates for Kirkland`s (NASDAQ:KIRK)

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Kirkland’s (NASDAQ:KIRK) traded down 2.51% during trading on Monday, hitting $14.73. The stock had a trading volume of 20,334 shares. Kirkland’s has a 12-month low of $11.18 and a 12-month high of $18.19. The stock has a 50 day moving average price of $12.93 and a 200 day moving average price of $13.67. The company has a market capitalization of $234.16 million, a price-to-earnings ratio of 18.62 and a beta of 1.66.

Kirkland’s (NASDAQ:KIRK) last posted its earnings results on Tuesday, November 22nd. The company reported ($0.05) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.05. Kirkland’s had a return on equity of 10.96% and a net margin of 2.22%. The company had revenue of $138.20 million for the quarter, compared to analyst estimates of $137.50 million. During the same period last year, the company earned ($0.02) earnings per share. The business’s revenue was up 7.0% compared to the same quarter last year.

Several institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in Kirkland’s by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 899,345 shares of the company’s stock worth $13,203,000 after buying an additional 37,974 shares in the last quarter. Paradigm Capital Management Inc. NY increased its position in Kirkland’s by 4.2% in the second quarter. Paradigm Capital Management Inc. NY now owns 1,060,400 shares of the company’s stock worth $15,567,000 after buying an additional 42,700 shares in the last quarter. JPMorgan Chase & Co. increased its position in Kirkland’s by 1.5% in the second quarter. JPMorgan Chase & Co. now owns 115,195 shares of the company’s stock worth $1,691,000 after buying an additional 1,725 shares in the last quarter. Alambic Investment Management L.P. acquired a new position in Kirkland’s during the second quarter worth approximately $727,000. Finally, Royce & Associates LP increased its position in Kirkland’s by 37.2% in the second quarter. Royce & Associates LP now owns 638,715 shares of the company’s stock worth $9,376,000 after buying an additional 173,278 shares in the last quarter. Institutional investors own 88.08% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This article was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another publication, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The original version of this article can be read at https://www.thecerbatgem.com/2016/11/30/kirklands-inc-kirk-to-post-q2-2018-earnings-of-0-24-per-share-b-riley-forecasts.html.

In other news, Director Carl Kirkland sold 4,800 shares of the stock in a transaction dated Monday, September 26th. The shares were sold at an average price of $12.51, for a total transaction of $60,048.00. Following the completion of the transaction, the director now directly owns 816,773 shares in the company, valued at approximately $10,217,830.23. The transaction was disclosed in a document filed with the SEC, which is available at this link. 10.50% of the stock is currently owned by corporate insiders.

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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