Duluth Holdings Inc (NASDAQ:DLTH) – Equities research analysts at William Blair issued their Q4 2021 earnings estimates for shares of Duluth in a research report issued to clients and investors on Thursday, April 11th. William Blair analyst D. Carden anticipates that the company will post earnings per share of $0.81 for the quarter. William Blair has a “Market Perform” rating and a $18.90 price objective on the stock.
Several other brokerages also recently commented on DLTH. Zacks Investment Research raised shares of Duluth from a “sell” rating to a “hold” rating in a research report on Wednesday, February 27th. DA Davidson raised shares of Duluth from a “neutral” rating to a “buy” rating and set a $30.00 price objective on the stock in a research report on Thursday, January 24th. They noted that the move was a valuation call. BidaskClub downgraded shares of Duluth from a “buy” rating to a “hold” rating in a research report on Tuesday, March 5th. Finally, ValuEngine downgraded shares of Duluth from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $25.38.
Shares of DLTH stock opened at $16.76 on Monday. Duluth has a one year low of $16.26 and a one year high of $35.67. The stock has a market cap of $498.99 million, a P/E ratio of 23.28, a PEG ratio of 0.90 and a beta of 0.51. The company has a current ratio of 2.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.78.
Duluth (NASDAQ:DLTH) last announced its quarterly earnings data on Thursday, April 4th. The company reported $0.64 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.11). Duluth had a net margin of 4.10% and a return on equity of 16.40%. The firm had revenue of $250.54 million for the quarter, compared to analysts’ expectations of $258.16 million. During the same period last year, the company posted $0.55 earnings per share. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year.
In other Duluth news, COO Allen L. Dittrich sold 5,000 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $25.47, for a total transaction of $127,350.00. Following the transaction, the chief operating officer now owns 170,686 shares in the company, valued at approximately $4,347,372.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 74.90% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of DLTH. Legal & General Group Plc lifted its stake in Duluth by 37.9% during the 4th quarter. Legal & General Group Plc now owns 1,801 shares of the company’s stock valued at $45,000 after acquiring an additional 495 shares during the period. Advisor Group Inc. lifted its stake in shares of Duluth by 219.9% in the 4th quarter. Advisor Group Inc. now owns 1,817 shares of the company’s stock worth $46,000 after purchasing an additional 1,249 shares during the period. Great West Life Assurance Co. Can lifted its stake in shares of Duluth by 298.1% in the 4th quarter. Great West Life Assurance Co. Can now owns 3,185 shares of the company’s stock worth $78,000 after purchasing an additional 2,385 shares during the period. Citigroup Inc. lifted its stake in shares of Duluth by 237.8% in the 4th quarter. Citigroup Inc. now owns 8,482 shares of the company’s stock worth $214,000 after purchasing an additional 5,971 shares during the period. Finally, Rhumbline Advisers bought a new position in shares of Duluth in the 3rd quarter worth approximately $229,000. Institutional investors and hedge funds own 41.18% of the company’s stock.
Duluth Company Profile
Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.
Featured Story: Trading Strategy
Receive News & Ratings for Duluth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duluth and related companies with MarketBeat.com's FREE daily email newsletter.