Duluth (NASDAQ:DLTH) updated its FY20 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.74-0.80 for the period, compared to the Thomson Reuters consensus estimate of $0.76. The company issued revenue guidance of $645-655 million, compared to the consensus revenue estimate of $650.05 million.
A number of brokerages recently weighed in on DLTH. Zacks Investment Research upgraded shares of Duluth from a sell rating to a hold rating in a research report on Monday, February 18th. BidaskClub upgraded shares of Duluth from a sell rating to a hold rating in a research report on Monday. William Blair downgraded shares of Duluth from an outperform rating to a market perform rating and set a $18.90 price target on the stock. in a research report on Friday, April 5th. Robert W. Baird upgraded shares of Duluth from a neutral rating to an outperform rating and set a $22.00 price target on the stock in a research report on Tuesday, May 7th. Finally, DA Davidson cut their price target on shares of Duluth from $24.00 to $19.00 and set a neutral rating on the stock in a research report on Friday, April 5th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $25.38.
Shares of DLTH stock opened at $14.90 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.39 and a current ratio of 2.25. The company has a market cap of $441.38 million, a price-to-earnings ratio of 20.69, a P/E/G ratio of 0.79 and a beta of 0.33. Duluth has a 52 week low of $14.59 and a 52 week high of $35.67.
Duluth (NASDAQ:DLTH) last announced its earnings results on Thursday, June 13th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.01). The company had revenue of $114.24 million for the quarter, compared to analyst estimates of $114.08 million. Duluth had a return on equity of 15.90% and a net margin of 4.10%. The business’s quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.02) earnings per share. On average, analysts forecast that Duluth will post 0.76 EPS for the current year.
In other Duluth news, COO Allen L. Dittrich sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $14.94, for a total transaction of $89,640.00. Following the sale, the chief operating officer now directly owns 173,712 shares in the company, valued at approximately $2,595,257.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 40.72% of the company’s stock.
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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.
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