Kirkland's, Inc. (NASDAQ:KIRK) – Equities researchers at B. Riley lifted their Q1 2019 earnings per share estimates for shares of Kirkland's in a report issued on Monday. B. Riley analyst J. Van. Sinderen now expects that the specialty retailer will earn ($0.09) per share for the quarter, up from their prior estimate of ($0.15). B. Riley has a “Buy” rating and a $14.00 price target on the stock. B. Riley also issued estimates for Kirkland's’ Q2 2019 earnings at ($0.30) EPS, Q3 2019 earnings at ($0.14) EPS, Q4 2019 earnings at $0.99 EPS and FY2019 earnings at $0.47 EPS.

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Several other equities analysts also recently issued reports on the company. Zacks Investment Research downgraded Kirkland's from a “hold” rating to a “sell” rating in a research report on Wednesday, November 22nd. KeyCorp reaffirmed a “buy” rating on shares of Kirkland's in a research report on Friday, February 23rd.

KIRK stock traded up $0.40 during midday trading on Wednesday, hitting $10.36. The company had a trading volume of 60,006 shares, compared to its average volume of 168,408. Kirkland's has a 52-week low of $8.17 and a 52-week high of $13.42. The firm has a market cap of $159.63, a P/E ratio of 27.72 and a beta of 1.19.

Kirkland's (NASDAQ:KIRK) last released its earnings results on Friday, March 16th. The specialty retailer reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($0.01). Kirkland's had a net margin of 0.84% and a return on equity of 4.59%. The firm had revenue of $224.61 million during the quarter, compared to analyst estimates of $223.59 million. During the same period in the previous year, the company earned $0.90 earnings per share. Kirkland's’s revenue was up 10.6% on a year-over-year basis.

A number of institutional investors and hedge funds have recently made changes to their positions in KIRK. Northern Trust Corp grew its position in Kirkland's by 2.5% during the 2nd quarter. Northern Trust Corp now owns 188,925 shares of the specialty retailer’s stock worth $1,942,000 after purchasing an additional 4,683 shares during the period. Parametric Portfolio Associates LLC grew its position in Kirkland's by 57.7% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 69,233 shares of the specialty retailer’s stock worth $712,000 after purchasing an additional 25,331 shares during the period. Voya Investment Management LLC acquired a new stake in Kirkland's during the 2nd quarter worth about $105,000. Crossmark Global Holdings Inc. acquired a new stake in Kirkland's during the 3rd quarter worth about $169,000. Finally, Victory Capital Management Inc. grew its position in Kirkland's by 75.9% during the 3rd quarter. Victory Capital Management Inc. now owns 87,941 shares of the specialty retailer’s stock worth $1,005,000 after purchasing an additional 37,941 shares during the period. 93.31% of the stock is currently owned by institutional investors.

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About Kirkland's

Kirkland’s, Inc is a specialty retailer of home decor and gifts in the United States. The Company’s merchandise categories include wall decor, art, mirrors, lamps, decorative accessories, accent furniture, textiles, fragrance and accessories, frames, housewares, impulse and personal accessories, outdoor living and artificial floral products.

Earnings History and Estimates for Kirkland's (NASDAQ:KIRK)

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