Kirkland’s Inc. (NASDAQ:KIRK) – Research 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 has a “Buy” rating and a $18.00 price objective on the stock.
Kirkland’s (NASDAQ:KIRK) last released its quarterly earnings data on Tuesday, November 22nd. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.05. Kirkland’s had a net margin of 2.22% and a return on equity of 10.96%. The business earned $138.20 million during the quarter, compared to analyst estimates of $137.50 million. During the same quarter in the previous year, the business earned ($0.02) EPS. Kirkland’s’s quarterly revenue was up 7.0% compared to the same quarter last year.
KIRK has been the subject of several other research reports. Zacks Investment Research downgraded shares of Kirkland’s from a “hold” rating to a “sell” rating in a research note on Friday, August 12th. SunTrust Banks Inc. lowered their target price on shares of Kirkland’s from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, August 24th. Finally, Sidoti downgraded shares of Kirkland’s from a “buy” rating to a “neutral” rating and lowered their target price for the company from $21.00 to $13.00 in a research note on Tuesday, August 23rd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Kirkland’s presently has a consensus rating of “Buy” and a consensus target price of $18.20.
Shares of Kirkland’s (NASDAQ:KIRK) opened at 15.11 on Monday. The firm has a market cap of $240.10 million, a price-to-earnings ratio of 18.38 and a beta of 1.66. The company has a 50 day moving average of $12.84 and a 200 day moving average of $13.67. Kirkland’s has a 1-year low of $11.18 and a 1-year high of $18.19.
Large investors have recently modified their holdings of the company. A.R.T. Advisors LLC increased its stake in shares of Kirkland’s by 0.6% in the first quarter. A.R.T. Advisors LLC now owns 31,101 shares of the company’s stock valued at $544,000 after buying an additional 200 shares in the last quarter. Foundry Partners LLC increased its position in Kirkland’s by 0.3% in the second quarter. Foundry Partners LLC now owns 224,750 shares of the company’s stock worth $3,299,000 after buying an additional 675 shares during the period. First Quadrant L P CA acquired a new position in Kirkland’s during the second quarter worth $107,000. Adams Diversified Equity Fund Inc. acquired a new position in Kirkland’s during the second quarter worth $267,000. Finally, Emerald Acquisition Ltd. acquired a new position in Kirkland’s during the second quarter worth $729,000. 88.08% of the stock is owned by institutional investors.
In other news, Director Carl Kirkland sold 4,800 shares of the stock in a transaction on 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 sale, the director now owns 816,773 shares of the company’s stock, valued at $10,217,830.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 10.50% of the company’s stock.
Kirkland’s Company Profile