Kirkland’s Inc. (NASDAQ:KIRK) shares saw unusually-strong trading volume on Wednesday . Approximately 229,228 shares changed hands during mid-day trading, an increase of 28% from the previous session’s volume of 178,470 shares.The stock last traded at $12.18 and had previously closed at $12.03.

Several research analysts recently issued reports on KIRK shares. Sidoti downgraded shares of Kirkland’s from a “buy” rating to a “neutral” rating in a research report on Tuesday. SunTrust Banks Inc. reduced their price target on shares of Kirkland’s from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday. Zacks Investment Research upgraded shares of Kirkland’s from a “sell” rating to a “hold” rating in a research report on Tuesday, July 26th. Piper Jaffray Cos. reiterated a “buy” rating on shares of Kirkland’s in a research report on Thursday, May 26th. Finally, B. Riley reiterated a “buy” rating and set a $23.00 price target on shares of Kirkland’s in a research report on Monday, May 23rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $21.33.

The firm has a 50 day moving average of $15.03 and a 200 day moving average of $15.03. The stock has a market capitalization of $192.60 million and a PE ratio of 13.96.

Kirkland’s (NASDAQ:KIRK) last issued its quarterly earnings results on Tuesday, August 23rd. The company reported ($0.22) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.21) by $0.01. During the same quarter in the prior year, the firm earned ($0.11) EPS. The company earned $123 million during the quarter, compared to the consensus estimate of $125.54 million. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. Equities analysts anticipate that Kirkland’s Inc. will post $0.99 earnings per share for the current fiscal year.

In related news, Director Wilson R. Orr III sold 4,273 shares of the firm’s stock in a transaction dated Monday, June 20th. The stock was sold at an average price of $14.94, for a total value of $63,838.62. Following the sale, the director now directly owns 27,047 shares of the company’s stock, valued at $404,082.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Wilson R. Orr III sold 5,000 shares of the firm’s stock in a transaction dated Friday, June 24th. The shares were sold at an average price of $15.00, for a total value of $75,000.00. Following the completion of the sale, the director now directly owns 22,047 shares in the company, valued at $330,705. The disclosure for this sale can be found here.

Kirkland’s, Inc is a retailer of home decor and gifts in the United States. As of January 31, 2015, the Company operated 344 stores in 35 states, as well as an e-commerce enabled Website. The Company’s stores present a line of merchandise, including framed art, mirrors, wall decor, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories and artificial floral products.

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