The Duckhorn Portfolio, Inc. (NYSE:NAPA) Receives Average Rating of “Moderate Buy” from Analysts

Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $15.88.

NAPA has been the topic of a number of recent research reports. Wedbush restated an “outperform” rating and issued a $15.00 target price on shares of Duckhorn Portfolio in a research note on Friday. Barclays decreased their price target on Duckhorn Portfolio from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Thursday, October 12th. Royal Bank of Canada decreased their price target on Duckhorn Portfolio from $23.00 to $19.00 and set an “outperform” rating for the company in a research note on Monday, September 25th. BMO Capital Markets decreased their price target on Duckhorn Portfolio from $14.00 to $13.00 and set a “market perform” rating for the company in a research note on Friday. Finally, TheStreet downgraded Duckhorn Portfolio from a “c-” rating to a “d+” rating in a research note on Tuesday, October 3rd.

Insider Buying and Selling at Duckhorn Portfolio

In other Duckhorn Portfolio news, insider Deirdre Mahlan bought 5,000 shares of the stock in a transaction on Wednesday, October 4th. The shares were purchased at an average price of $9.95 per share, with a total value of $49,750.00. Following the acquisition, the insider now directly owns 5,000 shares of the company’s stock, valued at approximately $49,750. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 3.40% of the company’s stock.

Institutional Trading of Duckhorn Portfolio

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lazard Asset Management LLC bought a new stake in shares of Duckhorn Portfolio in the 2nd quarter worth approximately $31,000. Tower Research Capital LLC TRC lifted its position in shares of Duckhorn Portfolio by 49.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,797 shares of the company’s stock worth $55,000 after acquiring an additional 1,264 shares during the period. Russell Investments Group Ltd. bought a new stake in shares of Duckhorn Portfolio in the 1st quarter worth approximately $70,000. Point72 Middle East FZE bought a new stake in shares of Duckhorn Portfolio in the 2nd quarter worth approximately $62,000. Finally, DekaBank Deutsche Girozentrale bought a new stake in shares of Duckhorn Portfolio in the 3rd quarter worth approximately $58,000. Institutional investors and hedge funds own 95.65% of the company’s stock.

Duckhorn Portfolio Stock Performance

Shares of NAPA stock opened at $10.22 on Friday. The stock’s fifty day simple moving average is $10.73 and its 200-day simple moving average is $12.30. The company has a current ratio of 5.20, a quick ratio of 0.88 and a debt-to-equity ratio of 0.24. Duckhorn Portfolio has a 1-year low of $9.32 and a 1-year high of $17.92. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 2.26 and a beta of 0.25.

Duckhorn Portfolio (NYSE:NAPA) last issued its earnings results on Wednesday, September 27th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. Duckhorn Portfolio had a return on equity of 7.98% and a net margin of 17.20%. The firm had revenue of $100.10 million for the quarter, compared to the consensus estimate of $100.61 million. On average, sell-side analysts predict that Duckhorn Portfolio will post 0.65 earnings per share for the current fiscal year.

Duckhorn Portfolio Company Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.