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

Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) have received an average rating of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $13.56.

A number of analysts have recently commented on NAPA shares. Bank of America downgraded Duckhorn Portfolio from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $11.00 to $8.00 in a research note on Tuesday, February 13th. TheStreet raised Duckhorn Portfolio from a “d” rating to a “c” rating in a research note on Monday, March 18th.

Insider Transactions at Duckhorn Portfolio

In other news, insider Deirdre Mahlan sold 29,681 shares of Duckhorn Portfolio stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $9.23, for a total transaction of $273,955.63. Following the transaction, the insider now owns 104,590 shares in the company, valued at $965,365.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Duckhorn Portfolio news, insider Sean B.A. Sullivan sold 25,000 shares of the business’s stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $8.99, for a total value of $224,750.00. Following the transaction, the insider now owns 125,326 shares in the company, valued at $1,126,680.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Deirdre Mahlan sold 29,681 shares of the business’s stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $9.23, for a total value of $273,955.63. Following the completion of the transaction, the insider now owns 104,590 shares in the company, valued at approximately $965,365.70. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Lazard Asset Management LLC bought a new stake in shares of Duckhorn Portfolio during the 2nd quarter worth about $31,000. Comerica Bank bought a new stake in shares of Duckhorn Portfolio during the 3rd quarter worth about $31,000. Tower Research Capital LLC TRC lifted its position in shares of Duckhorn Portfolio by 49.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,797 shares of the company’s stock worth $55,000 after purchasing an additional 1,264 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of Duckhorn Portfolio during the 3rd quarter worth about $58,000. Finally, Point72 Middle East FZE acquired a new position in shares of Duckhorn Portfolio during the 2nd quarter worth about $62,000.

Duckhorn Portfolio Price Performance

Shares of Duckhorn Portfolio stock opened at $8.23 on Tuesday. The business’s fifty day moving average price is $9.09 and its two-hundred day moving average price is $9.58. The company has a debt-to-equity ratio of 0.28, a current ratio of 6.85 and a quick ratio of 1.13. The company has a market capitalization of $949.25 million, a P/E ratio of 14.43, a PEG ratio of 7.19 and a beta of 0.25. Duckhorn Portfolio has a 1-year low of $8.08 and a 1-year high of $15.37.

Duckhorn Portfolio (NYSE:NAPA) last announced its earnings results on Thursday, March 7th. The company reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. The firm had revenue of $103.05 million for the quarter, compared to the consensus estimate of $106.38 million. Duckhorn Portfolio had a return on equity of 7.27% and a net margin of 16.62%. During the same quarter in the previous year, the business earned $0.17 EPS. As a group, research analysts forecast that Duckhorn Portfolio will post 0.59 EPS for the current 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.