News stories about Duluth (NASDAQ:DLTH) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Duluth earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.41072588911 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Duluth (DLTH) opened at $17.88 on Friday. The stock has a market capitalization of $583.65 and a P/E ratio of 32.51. The company has a current ratio of 2.47, a quick ratio of 0.27 and a debt-to-equity ratio of 0.59. Duluth has a 1 year low of $15.13 and a 1 year high of $26.38.
Duluth (NASDAQ:DLTH) last released its quarterly earnings data on Thursday, December 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.04). The firm had revenue of $83.70 million for the quarter, compared to the consensus estimate of $84.01 million. Duluth had a net margin of 4.16% and a return on equity of 15.23%. The business’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 earnings per share. analysts predict that Duluth will post 0.67 EPS for the current year.
DLTH has been the topic of a number of recent research reports. BMO Capital Markets cut Duluth from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 1st. DA Davidson set a $25.00 target price on Duluth and gave the stock a “buy” rating in a report on Monday, November 27th. Zacks Investment Research raised Duluth from a “sell” rating to a “hold” rating in a research note on Thursday, January 4th. Robert W. Baird reissued a “buy” rating and issued a $26.00 price target on shares of Duluth in a research note on Friday, November 10th. Finally, B. Riley restated a “buy” rating on shares of Duluth in a research report on Wednesday, November 1st. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Duluth has a consensus rating of “Buy” and an average target price of $22.43.
In related news, Director William E. Ferry sold 28,400 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $19.67, for a total value of $558,628.00. Following the sale, the director now owns 2,032 shares of the company’s stock, valued at approximately $39,969.44. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Allen L. Dittrich sold 15,000 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $18.86, for a total value of $282,900.00. Following the completion of the sale, the senior vice president now directly owns 211,221 shares in the company, valued at approximately $3,983,628.06. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 86,800 shares of company stock worth $1,672,470. 70.38% of the stock is currently owned by company insiders.
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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.
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