Kirkland’s (NASDAQ:KIRK – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Benchmark in a report issued on Wednesday, Benzinga reports. They presently have a $7.00 price objective on the specialty retailer’s stock. Benchmark’s price target would suggest a potential upside of 251.76% from the company’s current price.
Separately, Craig Hallum reduced their price target on Kirkland’s from $2.50 to $2.00 and set a “hold” rating on the stock in a research report on Friday, September 6th.
View Our Latest Stock Report on Kirkland’s
Kirkland’s Stock Down 3.4 %
Kirkland’s (NASDAQ:KIRK – Get Free Report) last issued its quarterly earnings data on Thursday, September 5th. The specialty retailer reported ($1.11) earnings per share (EPS) for the quarter, topping 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%.
Institutional Trading of Kirkland’s
A number of institutional investors have recently bought and sold shares of KIRK. Quadrature Capital Ltd acquired a new position in Kirkland’s during the 4th quarter valued at approximately $42,000. Dupree Financial Group LLC grew its holdings in shares of Kirkland’s by 28.3% during the third quarter. Dupree Financial Group LLC now owns 31,700 shares of the specialty retailer’s stock valued at $69,000 after buying an additional 7,000 shares during the last quarter. Finally, PEAK6 Investments LLC acquired a new position in shares of Kirkland’s in the 1st quarter valued at $564,000. 15.38% of the stock is currently owned by institutional investors and hedge funds.
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, outdoor, and gifts.
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