Duluth Holdings Inc (NASDAQ:DLTH) Director William E. Ferry sold 20,200 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $17.34, for a total transaction of $350,268.00. Following the transaction, the director now owns 2,032 shares in the company, valued at $35,234.88. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Duluth Holdings Inc (NASDAQ:DLTH) traded down $0.52 during trading hours on Thursday, reaching $17.09. 270,280 shares of the company were exchanged, compared to its average volume of 242,126. The company has a market capitalization of $526.66, a PE ratio of 31.65, a PEG ratio of 1.35 and a beta of 0.04. Duluth Holdings Inc has a 12-month low of $15.13 and a 12-month high of $23.76. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.47 and a quick ratio of 0.27.
Duluth (NASDAQ:DLTH) last issued its quarterly earnings data on Thursday, December 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.04). The business had revenue of $83.70 million during the quarter, compared to the consensus estimate of $84.01 million. Duluth had a return on equity of 15.23% and a net margin of 4.16%. The company’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.01 earnings per share. equities analysts anticipate that Duluth Holdings Inc will post 0.67 earnings per share for the current year.
Several research firms have recently commented on DLTH. B. Riley restated a “buy” rating on shares of Duluth in a report on Wednesday, November 1st. Stifel Nicolaus restated a “hold” rating on shares of Duluth in a report on Wednesday. Robert W. Baird restated a “buy” rating and set a $23.00 price target on shares of Duluth in a report on Friday, December 8th. TheStreet cut shares of Duluth from a “c” rating to a “d+” rating in a report on Thursday, December 14th. Finally, DA Davidson set a $25.00 price target on shares of Duluth and gave the company a “buy” rating in a report on Monday, November 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. Duluth currently has a consensus rating of “Hold” and a consensus price target of $22.43.
A number of large investors have recently modified their holdings of DLTH. Public Employees Retirement Association of Colorado bought a new stake in Duluth in the third quarter worth $6,696,000. Disciplined Growth Investors Inc. MN bought a new stake in Duluth in the third quarter worth $6,275,000. Oak Ridge Investments LLC bought a new stake in Duluth in the third quarter worth $3,548,000. Skylands Capital LLC boosted its holdings in Duluth by 149.8% in the fourth quarter. Skylands Capital LLC now owns 251,600 shares of the company’s stock worth $4,491,000 after purchasing an additional 150,896 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Duluth by 616.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 127,430 shares of the company’s stock worth $2,321,000 after acquiring an additional 109,649 shares during the last quarter. Hedge funds and other institutional investors own 37.94% of the company’s stock.
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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.
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