Kirkland’s (NASDAQ:KIRK – Free Report) had its price objective cut by Craig Hallum from $2.50 to $2.00 in a research note released on Friday, Benzinga reports. They currently have a hold rating on the specialty retailer’s stock.
A number of other research firms also recently issued reports on KIRK. StockNews.com downgraded shares of Kirkland’s from a hold rating to a sell rating in a report on Friday, June 7th. Benchmark restated a buy rating and set a $7.00 price target on shares of Kirkland’s in a report on Friday, June 7th.
Read Our Latest Stock Analysis on Kirkland’s
Kirkland’s Stock Down 0.6 %
Kirkland’s (NASDAQ:KIRK – Get Free Report) last released its quarterly earnings results on Thursday, September 5th. The specialty retailer reported ($1.11) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.31) by $0.20. Kirkland’s had a negative return on equity of 870.01% and a negative net margin of 5.28%. The business had revenue of $86.29 million during the quarter.
Hedge Funds Weigh In On Kirkland’s
A number of hedge funds and other institutional investors have recently made changes to their positions in KIRK. PEAK6 Investments LLC bought a new position in Kirkland’s during the first quarter valued at $564,000. Quadrature Capital Ltd purchased a new position in shares of Kirkland’s during the 4th quarter valued at $42,000. Finally, Dupree Financial Group LLC bought a new position in shares of Kirkland’s during the 1st quarter worth $175,000. 15.38% of the stock is owned by hedge funds and other institutional investors.
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.
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