Is Kirkland’s Inc (KIRK) Stock a Good Buy for Short-term Investors?

At the time of writing, Kirkland’s Inc [KIRK] stock is trading at $1.98, down -2.23%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The KIRK shares have gain 10.34% over the last week, with a monthly amount glided 19.70%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Kirkland’s Inc [NASDAQ: KIRK] stock has seen the most recent analyst activity on March 10, 2022, when Craig Hallum downgraded its rating to a Hold and also revised its price target to $15 from $30. Previously, The Benchmark Company started tracking the stock with Buy rating on October 15, 2021, and set its price target to $30. On December 01, 2020, Craig Hallum initiated with a Buy rating and assigned a price target of $25 on the stock. B. Riley FBR downgraded its rating to a Neutral and decreased its price target to $6.50 on May 15, 2019. KeyBanc Capital Mkts downgraded its rating to a Sector Weight. B. Riley FBR Inc. reiterated a Buy rating for this stock on February 21, 2018, and downed its price target to $12.50. In a note dated August 22, 2017, Sidoti upgraded an Buy rating on this stock.

For the past year, the stock price of Kirkland’s Inc fluctuated between $1.39 and $3.53. Kirkland’s Inc [NASDAQ: KIRK] shares were valued at $1.98 at the most recent close of the market.

Analyzing the KIRK fundamentals

According to Kirkland’s Inc [NASDAQ:KIRK], the company’s sales were 458.41M for trailing twelve months, which represents an -1.67% plunge. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is 1.7 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-5.08.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7933 points at the first support level, and at 1.6117 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1233, and for the 2nd resistance point, it is at 2.2717.

Ratios To Look Out For

It is important to note that Kirkland’s Inc [NASDAQ:KIRK] has a current ratio of 1.01. Further, the Quick Ratio stands at 0.11, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.06.

Transactions by insiders

Recent insider trading involved Collins Steven J, Director, that happened on Aug 01 ’24 when 78563.0 shares were purchased.

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