Duluth (NASDAQ:DLTH) Stock Rating Reaffirmed by Robert W. Baird

Duluth (NASDAQ:DLTH)‘s stock had its “buy” rating reaffirmed by research analysts at Robert W. Baird in a research note issued to investors on Friday, November 10th. They presently have a $26.00 target price on the stock. Robert W. Baird’s price target would suggest a potential upside of 33.40% from the company’s previous close.

Several other research analysts also recently weighed in on DLTH. Wunderlich reiterated a “buy” rating and issued a $26.00 price target on shares of Duluth in a report on Thursday, July 20th. DA Davidson assumed coverage on Duluth in a report on Friday, July 21st. They issued a “buy” rating and a $25.00 price target for the company. Zacks Investment Research upgraded Duluth from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. BMO Capital Markets set a $30.00 price objective on Duluth and gave the stock a “buy” rating in a report on Tuesday, August 8th. Finally, BidaskClub upgraded Duluth from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $26.51.

Shares of Duluth (DLTH) traded up $0.45 during trading hours on Friday, hitting $19.49. The stock had a trading volume of 193,400 shares, compared to its average volume of 267,202. The stock has a market cap of $529.52, a price-to-earnings ratio of 31.38, a price-to-earnings-growth ratio of 1.31 and a beta of 0.19. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.54 and a quick ratio of 0.30. Duluth has a fifty-two week low of $16.01 and a fifty-two week high of $38.19.

Duluth (NASDAQ:DLTH) last posted its earnings results on Tuesday, September 5th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. Duluth had a return on equity of 17.05% and a net margin of 4.64%. The firm had revenue of $86.20 million for the quarter, compared to analyst estimates of $82.51 million. During the same quarter in the prior year, the company earned $0.11 EPS. Duluth’s revenue was up 31.0% on a year-over-year basis. sell-side analysts expect that Duluth will post 0.7 EPS for the current year.

In other Duluth news, Director William E. Ferry sold 2,000 shares of the company’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $19.39, for a total value of $38,780.00. Following the completion of the transaction, the director now directly owns 2,032 shares of the company’s stock, valued at approximately $39,400.48. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Allen L. Dittrich sold 15,000 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $19.65, for a total transaction of $294,750.00. Following the completion of the transaction, the senior vice president now directly owns 226,221 shares of the company’s stock, valued at $4,445,242.65. The disclosure for this sale can be found here. Over the last three months, insiders sold 102,200 shares of company stock valued at $2,026,738. 70.38% of the stock is currently owned by corporate insiders.

Several hedge funds have recently modified their holdings of the company. Disciplined Growth Investors Inc. MN bought a new position in shares of Duluth during the third quarter worth about $6,275,000. JPMorgan Chase & Co. bought a new position in shares of Duluth during the third quarter worth about $158,000. Oak Ridge Investments LLC bought a new position in shares of Duluth during the third quarter worth about $3,548,000. Russell Investments Group Ltd. lifted its position in shares of Duluth by 10.2% during the third quarter. Russell Investments Group Ltd. now owns 494,003 shares of the company’s stock worth $10,024,000 after purchasing an additional 45,643 shares during the last quarter. Finally, Dupont Capital Management Corp lifted its position in shares of Duluth by 61.7% during the third quarter. Dupont Capital Management Corp now owns 24,840 shares of the company’s stock worth $504,000 after purchasing an additional 9,475 shares during the last quarter. 37.49% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: This report was originally published by BBNS and is owned by of BBNS. If you are reading this report on another site, it was illegally stolen and republished in violation of United States and international copyright laws. The original version of this report can be read at https://baseballnewssource.com/markets/duluth-holdings-inc-dlth-stock-rating-reaffirmed-by-robert-w-baird/1774533.html.

Duluth Company Profile

Duluth Holdings Inc is a lifestyle brand of men’s and women’s casual wear, workwear and accessories. The Company offers a line of functional products, such as its Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Company’s segments include direct and retail. The direct segment includes revenues from the Company’s Website and catalogs.

Analyst Recommendations for Duluth (NASDAQ:DLTH)

Receive News & Ratings for Duluth Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duluth Holdings Inc and related companies with our FREE daily email newsletter.

 


Latest News

Phillies Sign Free Agent Carlos Santana
Phillies Sign Free Agent Carlos Santana
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Manny Machado Could Change Positions or Uniforms
Manny Machado Could Change Positions or Uniforms
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle


Leave a Reply

 
© 2006-2017 BBNS.