Duluth Holdings Inc. (NASDAQ:DLTH – Free Report) – Investment analysts at Singular Research issued their FY2026 EPS estimates for Duluth in a research report issued on Monday, October 13th. Singular Research analyst R. Department forecasts that the company will post earnings of $0.31 per share for the year. Singular Research has a “Strong-Buy” rating on the stock. The consensus estimate for Duluth’s current full-year earnings is ($0.56) per share. Singular Research also issued estimates for Duluth’s FY2027 earnings at $0.48 EPS and FY2028 earnings at $0.62 EPS.
A number of other research firms have also weighed in on DLTH. Robert W. Baird upgraded shares of Duluth from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $2.00 to $7.00 in a research report on Friday, September 5th. Baird R W raised shares of Duluth from a “hold” rating to a “strong-buy” rating in a report on Friday, September 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Duluth in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $7.00.
Duluth Trading Up 0.3%
NASDAQ:DLTH opened at $3.31 on Wednesday. Duluth has a 12-month low of $1.58 and a 12-month high of $4.66. The company has a current ratio of 1.44, a quick ratio of 0.29 and a debt-to-equity ratio of 0.32. The stock’s 50 day simple moving average is $3.10 and its 200-day simple moving average is $2.36. The firm has a market cap of $121.44 million, a P/E ratio of -2.31 and a beta of 1.47.
Duluth (NASDAQ:DLTH – Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.08. The firm had revenue of $131.72 million for the quarter, compared to analysts’ expectations of $124.03 million. Duluth had a negative return on equity of 14.31% and a negative net margin of 7.99%. Duluth has set its FY 2025 guidance at EPS.
Insider Buying and Selling
In related news, CFO Heena Agrawal bought 10,000 shares of the stock in a transaction on Friday, September 26th. The shares were bought at an average cost of $3.50 per share, for a total transaction of $35,000.00. Following the completion of the transaction, the chief financial officer owned 248,093 shares of the company’s stock, valued at $868,325.50. This represents a 4.20% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 42.94% of the company’s stock.
Hedge Funds Weigh In On Duluth
Several hedge funds have recently bought and sold shares of the company. Empowered Funds LLC boosted its position in Duluth by 9.3% during the first quarter. Empowered Funds LLC now owns 101,447 shares of the company’s stock worth $177,000 after purchasing an additional 8,597 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Duluth by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 87,615 shares of the company’s stock valued at $152,000 after acquiring an additional 29,521 shares in the last quarter. Yarger Wealth Strategies LLC raised its position in Duluth by 124.5% during the second quarter. Yarger Wealth Strategies LLC now owns 32,419 shares of the company’s stock worth $68,000 after acquiring an additional 17,978 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of Duluth in the second quarter valued at about $50,000. 24.39% of the stock is owned by hedge funds and other institutional investors.
Duluth Company Profile
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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