Kirkland’s Inc. [NASDAQ:KIRK] is flashing a current price of $10.82. On Friday, the company’s daily low is at $9.70 as the high is reaching $11.00.
The price per sales of 0.25 and price per cash flow of 10.41. The company is also booking -4.20 earnings per share.
KIRK’s next earning date is 11/24/2020. The company has price per sales of 0.25 and price per cash flow of 10.41. The company is also booking -4.20 earnings per share.
The Price is right
Holding a Market Cap of $138.50 million, Kirkland’s Inc. has seen a trading range over the last year of $0.56-$13.58.
For the last five days, KIRK is up from its last closing price. The average shares trading hands each day is 2.06M, with average 10-day volume coming in at 1.47 million.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for KIRK. When we apply the Elder Force Index to Kirkland’s Inc., we are seeing an Elder Force Indicator number of 1354598.3.
Recent Performance
The company’s enterprise value has gone from $324.27M to $231.53M quarter-over-quarter. Obviously, the company is heading in the wrong direction, but there are still opportunities for growth in the sector.
In the last quarter, KIRK made a profit of 35.72 million. Kirkland’s Inc. also saw quarter revenue growth year over year of -6.67%. In addition, the company has operating cash flow of $26.09 million.
Technical Analysis
Looking at popular technical indicators, the company’s 5-day moving average is 10.19 compared to the 50-day moving average of 8.47. So, we are clearly seeing an upward trajectory here.
The Relative Strength Index or RSI is an indicator ranging between 0 and 100 that traders use to determine if a stock is “overbought” or “oversold.” A strong uptrend tending to reach into the “overbought” status is above 70, while a downward trend will stay around the 30 mark. KIRK currently holds a 9-day RSI of 72.11%, while 100-day RSI stands at 60.83%.
Another indicator we believe is worth keeping tabs on is the Moving Average Convergence Divergence or MACD. Similar to the concept of the Force Index — on the basis of price momentum — the MACD gives traders a tool to measure the turning point of a stock even during rapid fluctuations in price. Buy and sell signals are determined by a stock’s relation to the zero line, so if a stock is above a zero line for many weeks it might be a “buy.” On the other hand, if a stock is below the zero line consistently, it might be one to stay away from. Also, if the MACD line reaches a peak and dips, its momentum may be waning. KIRK’s 9-day MACD is 0.80 and the company’s 100-day MACD stands at 4.96.
Inside Moves
Another area that is important to analyze is insider moves and majority shareholders. While this is not always an error-free way to tell what the future holds for a stock, you can maybe gather important information from reading the tea leaves about who is buying and selling.
The major holders for this stock are 8.20% by insiders and 49.36% by institutions. Regarding institutional holdings, Renaissance Technologies, LLC owns 7.87%, while the second top holder, Osmium Partners, LLC, currently owns 7.60%.
Over the last six months, insiders have bought 1,000 with the most recent transaction from Orr Wilson R III, Director, with a purchase at price 7.68 per share.
Conclusion
Overall, the recommended rating for KIRK is Strong Buy. Currently, the company has 0 analysts watching the stock, and the average quarterly earnings estimate is 0. Quarterly revenue estimates are averaging 132.5M with the high estimate reaching 132.5M and the low at 132.5M.
