News coverage about Kirkland’s (NASDAQ:KIRK) has been trending somewhat positive recently, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kirkland’s earned a news impact score of 0.18 on Accern’s scale. Accern also assigned media headlines about the specialty retailer an impact score of 47.7475023853156 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Exxon Mobil Corporation (XOM) Shares Bought by MEMBERS Trust Co (techkenyot.com)
- Kirkland’s, Inc. : Earnings Review and Free Research Report: Kirkland’s Reported Better Than Expected Results (4-traders.com)
- Manitex Capital Inc. declares a dividend-in-kind of shares of Auxico Resources Canada Inc. (bizjournals.com)
- Kirkland’s, Inc. :KIRK-US: Earnings Analysis: Q2, 2018 By the Numbers : September 11, 2017 (finance.yahoo.com)
- A Costco Brand Shakes Up Rivals — WSJ (foxbusiness.com)
A number of research firms recently commented on KIRK. B. Riley began coverage on Kirkland’s in a report on Saturday, July 1st. They issued a “buy” rating and a $13.50 price target on the stock. Sidoti raised Kirkland’s from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $10.00 to $12.00 in a report on Tuesday, August 22nd. Finally, Zacks Investment Research raised Kirkland’s from a “hold” rating to a “buy” rating and set a $9.50 price objective on the stock in a report on Wednesday, August 23rd.
Shares of Kirkland’s (KIRK) opened at 11.08 on Wednesday. The stock’s 50 day moving average price is $10.07 and its 200 day moving average price is $10.64. The stock has a market capitalization of $177.28 million, a PE ratio of 21.35 and a beta of 1.24. Kirkland’s has a one year low of $8.17 and a one year high of $17.41.
Kirkland’s (NASDAQ:KIRK) last announced its quarterly earnings data on Tuesday, August 22nd. The specialty retailer reported ($0.24) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.28) by $0.04. Kirkland’s had a return on equity of 6.59% and a net margin of 1.40%. The firm had revenue of $131.68 million for the quarter, compared to the consensus estimate of $125.44 million. During the same quarter last year, the business posted ($0.22) earnings per share. The firm’s revenue was up 7.0% compared to the same quarter last year. Equities research analysts predict that Kirkland’s will post $0.58 EPS for the current fiscal year.
Kirkland’s declared that its Board of Directors has approved a share buyback program on Tuesday, August 22nd that authorizes the company to buyback $10.00 million in outstanding shares. This buyback authorization authorizes the specialty retailer to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its stock is undervalued.
Kirkland’s Company Profile
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.
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