Kirkland's offers a broad selection of distinctive merchandise, including framed art, mirrors, candles, lamps, picture frames, accent rugs, garden accessories and artificial floral products. The company was founded in 1966 and is based in Brentwood, Tennessee.
KIRK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for KIRK, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Kirkland'S Inc ranked in the 65th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Kirkland'S Inc ended up being:
Kirkland'S Inc's effective tax rate, as measured by taxes paid relative to net income, is at 39 -- greater than 92.84% of US stocks with positive free cash flow.
Kirkland'S Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -38.84. This coverage rate is greater than that of merely 3.19% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 12. This value is greater than 75.55% stocks in the Consumer Cyclical sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
VSTO, NVR, CRWS, DENN, and FNKO can be thought of as valuation peers to KIRK, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
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We at Insider Monkey have gone over 817 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article, we look at what those funds think of Kirkland’s, Inc. (NASDAQ:KIRK) based on that data. […]
Shares of Kirkland Lake Gold (NYSE: KL) slipped 10.2% in the month of November, according to data provided by S&P Global Market Intelligence. While the gold stock kicked off the month on a positive note, it started to fall right after Kirkland released its third-quarter numbers on Nov. 5. Revenue jumped 66% to $632.8 million, thanks largely to Kirkland's acquisition of Detour Gold in early 2020.