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Kirkland’s (NASDAQ:KIRK) hit a new 52-week low during mid-day trading on Monday , American Banking and Market News reports. The stock traded as low as $15.64 and last traded at $18.71, with a volume of 51,812 shares changing hands. The stock had previously closed at $19.03.

Separately, analysts at Zacks upgraded shares of Kirkland’s from an “underperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $18.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $23.33.

The stock’s 50-day moving average is $17.76 and its 200-day moving average is $18.89. The company has a market cap of $321.1 million and a price-to-earnings ratio of 22.71.

Kirkland’s (NASDAQ:KIRK) last announced its earnings results on Thursday, May 22nd. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.02. The company had revenue of $108.30 million for the quarter, compared to the consensus estimate of $105.90 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. On average, analysts predict that Kirkland’s will post $0.98 earnings per share for the current fiscal year.

Kirkland’s, Inc (NASDAQ:KIRK) is a specialty retailer of home decor and gifts in the United States.

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