Stock Pick of the Week: Buy Kirkland’s Inc. (KIRK)- Very Attractive Rating
HIDDEN GEMS:
1. Our discounted cash flow analysis shows that KIRK’s current valuation (stock price of $13.25) implies that the company’s profits will decline by 50% and never grow again.
2. Economic earnings are growing faster that reported accounting earnings.
3. Free cash flow of $32.2mm or 12.4% of its enterprise value during the last fiscal year.
David Trainer, Founder & CEO