Kirkland's Inc. (KIRK) saw a big move last session, as the company’s shares fell by nearly 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for KIRK, as the stock is now down 10.8% in the past one-month time frame.
Kirkland's has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (no increase, 1 decrease), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
KIRK currently has a Zacks Rank #4 (Sell).
Some better-ranked stocks in the retail sector include Mattress Firm Holding Corp. (MFRM), Williams-Sonoma Inc. (WSM) and Advance Auto Parts Inc. (AAP). While Mattress Firm Holding carries a Zacks Rank #1 (Strong Buy), both Williams-Sonoma and Advance Auto Parts hold a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
KIRKLAND'S INC (KIRK): Free Stock Analysis Report
Zacks Investment Research