Kirkland’s (NASDAQ:KIRK – Get Free Report)‘s stock had its “buy” rating restated by equities research analysts at Benchmark in a research note issued to investors on Wednesday, Benzinga reports. They presently have a $7.00 target price on the specialty retailer’s stock. Benchmark’s target price points to a potential upside of 251.76% from the company’s previous close.
Separately, 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.
View Our Latest Stock Analysis on KIRK
Kirkland’s Trading Down 3.4 %
Kirkland’s (NASDAQ:KIRK – Get Free Report) last released its earnings results on Thursday, September 5th. The specialty retailer reported ($1.11) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.31) by $0.20. The business had revenue of $86.29 million for the quarter. Kirkland’s had a negative return on equity of 870.01% and a negative net margin of 4.26%.
Hedge Funds Weigh In On Kirkland’s
Institutional investors have recently made changes to their positions in the company. Quadrature Capital Ltd purchased a new stake in Kirkland’s in the fourth quarter worth about $42,000. Dupree Financial Group LLC lifted its position in shares of Kirkland’s by 28.3% in the 3rd quarter. Dupree Financial Group LLC now owns 31,700 shares of the specialty retailer’s stock worth $69,000 after purchasing an additional 7,000 shares during the period. Finally, PEAK6 Investments LLC bought a new position in shares of Kirkland’s during the first quarter valued at approximately $564,000. Hedge funds and other institutional investors own 15.38% of the company’s stock.
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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