Benchmark Reaffirms “Buy” Rating for Kirkland’s (NASDAQ:KIRK)

Benchmark reaffirmed their buy rating on shares of Kirkland’s (NASDAQ:KIRKFree Report) in a research report report published on Thursday morning, Benzinga reports. The brokerage currently has a $7.00 price target on the specialty retailer’s stock.

Other equities analysts also recently issued research reports about the stock. StockNews.com lowered shares of Kirkland’s from a hold rating to a sell rating in a research note on Friday, June 7th. Craig Hallum lowered their price objective on shares of Kirkland’s from $2.50 to $2.00 and set a hold rating for the company in a research report on Friday, September 6th.

Check Out Our Latest Research Report on KIRK

Kirkland’s Stock Up 16.0 %

Shares of NASDAQ:KIRK opened at $1.92 on Thursday. The company has a 50 day moving average of $1.60 and a two-hundred day moving average of $1.93. Kirkland’s has a 52-week low of $1.39 and a 52-week high of $3.54. The company has a quick ratio of 0.11, a current ratio of 0.88 and a debt-to-equity ratio of 10.88. The company has a market capitalization of $25.17 million, a price-to-earnings ratio of -1.01 and a beta of 2.36.

Kirkland’s (NASDAQ:KIRKGet Free Report) last posted its quarterly earnings data on Thursday, September 5th. The specialty retailer reported ($1.11) EPS for the quarter, beating analysts’ consensus estimates of ($1.31) by $0.20. The firm had revenue of $86.29 million for the quarter. Kirkland’s had a negative net margin of 4.26% and a negative return on equity of 870.01%.

Hedge Funds Weigh In On Kirkland’s

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KIRK. PEAK6 Investments LLC acquired a new position in shares of Kirkland’s during the first quarter valued at $564,000. Dupree Financial Group LLC bought a new position in Kirkland’s in the 1st quarter valued at about $175,000. Finally, Quadrature Capital Ltd bought a new position in Kirkland’s in the 4th quarter valued at about $42,000. 15.38% of the stock is owned by institutional investors.

Kirkland’s Company Profile

(Get Free Report)

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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