Kirkland’s Home (NASDAQ:KIRK) issued an update on its FY19 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $0.50-0.60 for the period, compared to the Thomson Reuters consensus estimate of $0.50. The company issued revenue guidance of $653.1-665.8 million (+3-5%), compared to the consensus revenue estimate of $649.25 million.
Shares of KIRK traded down $0.23 during mid-day trading on Friday, hitting $10.06. The company’s stock had a trading volume of 265,983 shares, compared to its average volume of 212,541. Kirkland’s Home has a one year low of $8.17 and a one year high of $13.42. The stock has a market capitalization of $162.12, a price-to-earnings ratio of 28.58 and a beta of 1.11.
Kirkland’s Home (NASDAQ:KIRK) last posted its quarterly earnings data on Friday, March 16th. The specialty retailer reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.01). The business had revenue of $224.61 million during the quarter, compared to the consensus estimate of $223.59 million. Kirkland’s Home had a net margin of 0.84% and a return on equity of 4.59%. The firm’s revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.90 earnings per share. equities research analysts anticipate that Kirkland’s Home will post 0.49 EPS for the current fiscal year.
KIRK has been the subject of several research reports. Zacks Investment Research raised Kirkland’s Home from a sell rating to a hold rating in a research report on Monday, January 8th. B. Riley set a $12.50 target price on Kirkland’s Home and gave the stock a buy rating in a research report on Wednesday, February 21st. KeyCorp reaffirmed a buy rating on shares of Kirkland’s Home in a research report on Friday, February 23rd. Finally, ValuEngine raised Kirkland’s Home from a hold rating to a buy rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $12.38.
In other Kirkland’s Home news, insider W Michael Madden sold 15,000 shares of the stock in a transaction on Wednesday, March 21st. The stock was sold at an average price of $10.05, for a total transaction of $150,750.00. Following the completion of the transaction, the insider now directly owns 127,510 shares in the company, valued at $1,281,475.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.80% of the company’s stock.
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Kirkland’s Home Company Profile
Kirkland's, Inc operates as a specialty retailer of home décor and gifts in the United States. The company's stores provide various merchandise, including framed arts, mirrors, wall décors, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories, and artificial floral products.
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