Shares of furniture retailer Kirkland's (NASDAQ: KIRK) fell out of bed on Thursday, dropping a massive 30% in early trading. Driving the decline was the company's pre-market release of third-quarter 2021 earnings. Investors were not happy with the numbers and were likely even less pleased with the company's outlook for the rest of 2021. So what
What is the price of Kirkland's stock right now?
Since then, KIRK stock has increased by 1,532.0% and is now trading at $16.81. View which stocks have been most impacted by COVID-19. Are investors shorting Kirkland's?
What does Kirkland stock hold buy signal?
The Kirkland stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $16.32 and $15.88.
What happens if Kirkland stock breaks support?
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Kirkland finds support just below today's level at $15.48. If this is broken, then the next support from accumulated volume will be at $15.24 and $14.17.
Is Kirkland's a buy on strong P/E ratio?
Only 5.60% of the stock of Kirkland's is held by insiders. 82.87% of the stock of Kirkland's is held by institutions. High institutional ownership can be a signal of strong market trust in this company. The P/E ratio of Kirkland's is 8.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.33.
Is Kirkland's a good stock to buy?
Kirkland's has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Does Kirkland brand have stock?
Kirkland's shares fall premarket after company swings to Q1 loss and all metrics fall short of estimates.
Why did Kirk stock drop?
Shares of furniture retailer Kirkland's (NASDAQ: KIRK) fell out of bed on Thursday, dropping a massive 30% in early trading. Driving the decline was the company's pre-market release of third-quarter 2021 earnings.
Does Kirkland pay dividends?
KIRKLAND's (NASDAQ: KIRK) does not pay a dividend.
Is Kirkland a private company?
Kirkland Signature is owned by Costco, which makes it a private label. That means they control their prices by ruling out third-party distributors.
Is Kirkland Lake gold a buy?
Is Kirkland Lake Gold a buy or a sell? In the last year, 10 stock analysts published opinions about KL-T. 7 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock.
Should I buy or sell Kirkland's stock right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kirkland's in the last year. There are currently 1 hold rating fo...
What is Kirkland's' stock price forecast for 2022?
1 Wall Street analysts have issued 1-year price targets for Kirkland's' shares. Their forecasts range from $9.00 to $15.00. On average, they expect...
How has Kirkland's' stock performed in 2022?
Kirkland's' stock was trading at $14.93 at the beginning of 2022. Since then, KIRK shares have decreased by 70.7% and is now trading at $4.37. Vie...
When is Kirkland's' next earnings date?
Kirkland's is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022. View our earnings forecast for Kirkla...
How were Kirkland's' earnings last quarter?
Kirkland's, Inc. (NASDAQ:KIRK) posted its quarterly earnings results on Tuesday, May, 31st. The specialty retailer reported ($0.63) EPS for the qua...
Who are Kirkland's' key executives?
Kirkland's' management team includes the following people: Mr. Steve C. Woodward , Pres, CEO & Director (Age 65, Pay $1.97M) Ms. Nicole A. Strai...
What is W. Michael Madden's approval rating as Kirkland's' CEO?
191 employees have rated Kirkland's CEO W. Michael Madden on Glassdoor.com . W. Michael Madden has an approval rating of 58% among Kirkland's' emp...
Who are some of Kirkland's' key competitors?
Some companies that are related to Kirkland's include Williams-Sonoma (WSM) , RH (RH) , Bed Bath & Beyond (BBBY) , Aaron's (AAN) , Haverty Fur...
What other stocks do shareholders of Kirkland's own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Kirkland's investors own include Square (SQ) , Advanced M...
Is Kirkland's stock a Buy, Sell or Hold?
Kirkland's stock has received a consensus rating of buy. The average rating score is and is based on 3 buy ratings, 1 hold ratings, and 0 sell rati...
What was the 52-week low for Kirkland's stock?
The low in the last 52 weeks of Kirkland's stock was 4.76. According to the current price, Kirkland's is 102.63% away from the 52-week low.
What was the 52-week high for Kirkland's stock?
The high in the last 52 weeks of Kirkland's stock was 27.21. According to the current price, Kirkland's is 17.93% away from the 52-week high.
What are analysts forecasts for Kirkland's stock?
The 4 analysts offering price forecasts for Kirkland's have a median target of 21.25, with a high estimate of 30.00 and a low estimate of 15.00. Th...
3.5 Analyst's Opinion
Kirkland's has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Is Kirkland's a buy right now?
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kirkland's in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Kirkland's stock. View analyst ratings for Kirkland's or view top-rated stocks.
How has Kirkland's' stock been impacted by COVID-19 (Coronavirus)?
Kirkland's' stock was trading at $1.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, KIRK stock has increased by 1,293.2% and is now trading at $14.35. View which stocks have been most impacted by COVID-19.
When is Kirkland's' next earnings date?
Kirkland's is scheduled to release its next quarterly earnings announcement on Friday, March 11th 2022. View our earnings forecast for Kirkland's.
How were Kirkland's' earnings last quarter?
Kirkland's, Inc. (NASDAQ:KIRK) issued its quarterly earnings results on Thursday, December, 2nd. The specialty retailer reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by $0.05. The specialty retailer had revenue of $143.63 million for the quarter.
What price target have analysts set for KIRK?
3 Wall Street analysts have issued 1-year target prices for Kirkland's' stock. Their forecasts range from $30.00 to $40.00. On average, they anticipate Kirkland's' stock price to reach $35.00 in the next year.
What is W. Michael Madden's approval rating as Kirkland's' CEO?
191 employees have rated Kirkland's CEO W. Michael Madden on Glassdoor.com. W. Michael Madden has an approval rating of 58% among Kirkland's' employees. This puts W. Michael Madden in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
3 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision.
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Retailer decides to make every customer suffer a little tariff pain rather than a few suffer a lot
Shares of Kirkland’s Inc. dove Thursday toward the lowest close in more than a decade, after the home decor retailer reported a wider-than-expected loss, sales that fell more than forecast and cut its full-year profit outlook, as President Trump’s the ongoing trade war takes a bite.
Referenced Symbols
Shares of Kirkland’s Inc. dove Thursday toward the lowest close in more than a decade, after the home decor retailer reported a wider-than-expected loss, sales that fell more than forecast and cut its full-year profit outlook, as President Trump’s the ongoing trade war takes a bite.
What is the stock price of Kirkland in 2021?
Green day on Monday for Kirkland stock after gaining 1.09% (Updated on July 26, 2021) The Kirkland stock price gained 1.09% on the last trading day (Monday, 26th Jul 2021), rising from $19.24 to $19.45. During the day the stock fluctuated 4.22% from a day low at $19.18 to a day high of $19.99.
When is the buy signal for 2021?
A buy signal was issued from a pivot bottom point on Monday, July 19, 2021, and so far it has risen 2.64%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Is Kirkland stock a buy or sell signal?
The Kirkland stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal.
Kirkland's, Inc.'s (NASDAQ:KIRK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
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Kirkland's (KIRK) Q3 2021 Earnings Call Transcript
Good morning, everyone, and thank you for participating in today's conference call to discuss Kirkland's financial results for the third quarter ended October 30, 2021.
Shareholders Would Enjoy A Repeat Of Kirkland's' (NASDAQ:KIRK) Recent Growth In Returns
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The home furnishing retailer reported strong third-quarter results
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
What happened
Shares of Kirkland's ( NASDAQ:KIRK) have skyrocketed today, up by 24% as of 1 p.m. EST, after the company reported strong third-quarter earnings. The results crushed profit expectations thanks to aggressive cost-cutting.
So what
Revenue in the fiscal third quarter was $146.6 million, slightly ahead of the consensus estimate of $145.5 million in sales. That resulted in adjusted earnings per share of $0.66, a blowout compared to the $0.30 per share that analysts were expecting the home furnishings retailer to lose on an adjusted basis.
Now what
Over the next two to three years, Kirkland's plans to expand direct sourcing while improving supply chain efficiencies and lowering occupancy costs. These initiatives should help improve gross margin and streamline operations. Kirkland's is targeting a total store count of 300 to 350, compared to the current store count of 381.
