BMO Capital Markets set a $30.00 price objective on Duluth Holdings Inc. (NASDAQ:DLTH) in a report released on Sunday morning. The brokerage currently has a buy rating on the stock.

Several other research analysts have also commented on DLTH. Stifel Nicolaus decreased their target price on Duluth Holdings from $21.00 to $20.00 and set a hold rating for the company in a research report on Wednesday, June 7th. Zacks Investment Research lowered Duluth Holdings from a hold rating to a sell rating in a research report on Thursday, June 8th. Wunderlich reiterated a buy rating and issued a $36.00 target price on shares of Duluth Holdings in a research report on Friday, June 9th. Robert W. Baird decreased their target price on Duluth Holdings from $30.00 to $25.00 and set an outperform rating for the company in a research report on Friday, June 9th. Finally, FBR & Co reiterated an outperform rating and issued a $26.00 target price on shares of Duluth Holdings in a research report on Tuesday, July 11th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Duluth Holdings presently has a consensus rating of Buy and a consensus target price of $26.38.

Shares of Duluth Holdings (DLTH) opened at 19.425 on Friday. The firm has a market capitalization of $630.42 million, a P/E ratio of 34.079 and a beta of 0.19. Duluth Holdings has a 12-month low of $16.01 and a 12-month high of $38.19. The stock has a 50 day moving average price of $19.50 and a 200 day moving average price of $19.67.

Duluth Holdings (NASDAQ:DLTH) last issued its earnings results on Tuesday, September 5th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.10 by $0.03. The company had revenue of $86.20 million during the quarter, compared to analyst estimates of $82.51 million. Duluth Holdings had a return on equity of 17.05% and a net margin of 4.64%. The business’s revenue was up 31.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.11 EPS. Equities analysts anticipate that Duluth Holdings will post $0.70 earnings per share for the current fiscal year.

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In related news, Director William E. Ferry sold 28,400 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $19.85, for a total transaction of $563,740.00. Following the completion of the transaction, the director now owns 2,032 shares in the company, valued at approximately $40,335.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Allen L. Dittrich sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $18.99, for a total value of $189,900.00. Following the transaction, the senior vice president now owns 241,221 shares of the company’s stock, valued at approximately $4,580,786.79. The disclosure for this sale can be found here. Insiders have sold a total of 66,800 shares of company stock valued at $1,291,252 in the last 90 days. Insiders own 70.38% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in DLTH. American International Group Inc. boosted its position in Duluth Holdings by 7.0% during the 1st quarter. American International Group Inc. now owns 5,904 shares of the company’s stock valued at $126,000 after purchasing an additional 388 shares during the period. Invictus RG acquired a new position in Duluth Holdings during the 1st quarter valued at approximately $182,000. Rhumbline Advisers boosted its position in Duluth Holdings by 9.2% during the 2nd quarter. Rhumbline Advisers now owns 10,553 shares of the company’s stock valued at $192,000 after purchasing an additional 885 shares during the period. Paloma Partners Management Co acquired a new position in Duluth Holdings during the 1st quarter valued at approximately $212,000. Finally, Trexquant Investment LP acquired a new position in Duluth Holdings during the 1st quarter valued at approximately $223,000. Institutional investors and hedge funds own 33.54% of the company’s stock.

Duluth Holdings 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.

Analyst Recommendations for Duluth Holdings (NASDAQ:DLTH)

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