The Duckhorn Portfolio, Inc. (NYSE:NAPA) Receives Average Recommendation of “Hold” from Analysts

Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) have been assigned an average rating of “Hold” from the seven brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $10.29.

Separately, Barclays increased their target price on Duckhorn Portfolio from $6.00 to $11.00 and gave the company an “equal weight” rating in a research note on Tuesday.

Duckhorn Portfolio Stock Up 0.2 %

Shares of NYSE NAPA opened at $10.96 on Friday. Duckhorn Portfolio has a 1 year low of $5.38 and a 1 year high of $11.08. The firm’s 50-day moving average is $6.55 and its 200-day moving average is $7.42. The company has a current ratio of 8.05, a quick ratio of 1.04 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.61 billion, a PE ratio of 23.32, a price-to-earnings-growth ratio of 9.43 and a beta of 0.21.

Duckhorn Portfolio (NYSE:NAPA) last announced its quarterly earnings data on Monday, October 7th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.04. The firm had revenue of $107.40 million for the quarter, compared to analysts’ expectations of $104.76 million. Duckhorn Portfolio had a net margin of 13.81% and a return on equity of 6.24%. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $0.14 earnings per share. Equities analysts expect that Duckhorn Portfolio will post 0.6 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Simon Quick Advisors LLC acquired a new position in shares of Duckhorn Portfolio in the second quarter valued at approximately $85,000. Canada Pension Plan Investment Board acquired a new position in Duckhorn Portfolio in the 2nd quarter worth $101,000. Bayesian Capital Management LP bought a new position in Duckhorn Portfolio during the 1st quarter worth about $133,000. Bleakley Financial Group LLC acquired a new stake in shares of Duckhorn Portfolio in the 1st quarter valued at about $136,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Duckhorn Portfolio by 37.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 15,216 shares of the company’s stock valued at $142,000 after purchasing an additional 4,170 shares in the last quarter.

Duckhorn Portfolio Company Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.