Duluth Holdings (DLTH) Receiving Somewhat Positive Press Coverage, Report Shows
Media coverage about Duluth Holdings (NASDAQ:DLTH) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Duluth Holdings earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.4268052335484 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s analysis:
- Commit To Buy Duluth Holdings At $15, Earn 15.9% Annualized Using Options – TheStreet.com (thestreet.com)
- Duluth Holdings Celebrates Grand Opening of its Twenty-Ninth Store in Grandville, Michigan – GlobeNewswire (press release) (globenewswire.com)
- Duluth Holdings Inc. to Report Third Quarter 2017 Financial Results on December 7 (finance.yahoo.com)
A number of research analysts have commented on the company. Zacks Investment Research cut Duluth Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. FBR & Co restated a “buy” rating and set a $26.00 price objective on shares of Duluth Holdings in a research note on Thursday, August 31st. Robert W. Baird restated a “buy” rating on shares of Duluth Holdings in a research note on Friday, September 8th. Raymond James Financial, Inc. cut Duluth Holdings from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 23rd. Finally, BMO Capital Markets set a $30.00 price objective on Duluth Holdings and gave the stock a “buy” rating in a research note on Sunday, September 10th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $26.51.
Shares of Duluth Holdings (NASDAQ:DLTH) traded up $0.17 on Thursday, hitting $18.22. The company’s stock had a trading volume of 101,800 shares, compared to its average volume of 269,279. The firm has a market capitalization of $525.16, a PE ratio of 31.12, a PEG ratio of 1.30 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 company has a debt-to-equity ratio of 0.17, a quick ratio of 0.30 and a current ratio of 2.54.
Duluth Holdings (NASDAQ:DLTH) last announced its earnings results on Tuesday, September 5th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.03. The business had revenue of $86.20 million for 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 company’s revenue for the quarter was up 31.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.11 earnings per share. analysts predict that Duluth Holdings will post 0.7 EPS for the current year.
In other Duluth Holdings news, Director William E. Ferry sold 28,400 shares of Duluth Holdings stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $20.10, for a total value of $570,840.00. Following the completion of the transaction, the director now directly owns 2,032 shares in the company, valued at $40,843.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director William E. Ferry sold 2,000 shares of Duluth Holdings stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $19.39, for a total value of $38,780.00. Following the completion of the transaction, the director now owns 2,032 shares of the company’s stock, valued at $39,400.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 102,200 shares of company stock valued at $2,026,738. 70.38% of the stock is owned by corporate insiders.
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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.
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