Duluth (NASDAQ:DLTH) Stock Passes Below 50 Day Moving Average – Time to Sell?

Duluth Holdings Inc. (NASDAQ:DLTH) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $2.39 and traded as low as $2.30. Duluth shares last traded at $2.36, with a volume of 31,619 shares traded.

Trending Headlines about Duluth

Here are the key news stories impacting Duluth this week:

• Positive Sentiment: Visit Duluth is hosting the Explore Minnesota tourism conference, a near-term boost for local retail foot traffic and brand visibility that could modestly help store sales in the region. Visit Duluth proud to host Explore Minnesota Tourism Conference
• Positive Sentiment: Reported short interest fell to 326,278 shares as of Jan. 30 (down ~25.7% vs Jan. 15), which reduces immediate short-pressure on the share price and can be a constructive technical signal for holders. (source: short-interest filings)
• Positive Sentiment: Local PR from sports — a Duluth curling team medaled at the Winter Olympics — can provide goodwill and positive local publicity, albeit with limited direct impact on corporate fundamentals. Duluth curling team claims silver medal at Winter Olympics
• Neutral Sentiment: February short-interest posts show inconsistent/erroneous values (entries listing 0 shares / NaN changes for Feb 10–11). The data anomaly increases uncertainty around current short positioning and makes it harder to interpret intraday flows.
• Neutral Sentiment: Local school district actions (after filing an ICE-related lawsuit, pushing for protected status for schools) are civic matters with limited direct impact on Duluth Holdings’ retail business. After filing ICE lawsuit, Duluth district continues to push for protected status for schools
• Negative Sentiment: A series of violent incidents (fatal shootings and a deputy-involved shooting linked to an earlier homicide) has drawn local attention and could weigh on consumer foot traffic and sentiment in Duluth in the near term. Multiple outlets have covered the events. Man fleeing law enforcement in Duluth shot and killed
• Negative Sentiment: Reporting on aging, lead-laden housing and child lead-poisoning in Duluth highlights local public-health and housing-cost issues that could prompt regulatory focus or community pressure, indirectly affecting retail spending and local operating environments. Duluth’s aging and lead-laden homes are poisoning children

Wall Street Analyst Weigh In

DLTH has been the subject of a number of analyst reports. Robert W. Baird set a $5.00 price target on Duluth in a research note on Wednesday, December 17th. Wall Street Zen upgraded Duluth to a “hold” rating in a research report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $5.00.

Duluth Stock Performance

The company has a market capitalization of $86.68 million, a P/E ratio of -2.71 and a beta of 1.85. The business has a 50 day moving average of $2.39 and a 200 day moving average of $2.78. The company has a quick ratio of 0.21, a current ratio of 1.29 and a debt-to-equity ratio of 0.33.

Duluth (NASDAQ:DLTH) last issued its quarterly earnings data on Tuesday, December 16th. The company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.33. Duluth had a negative return on equity of 11.51% and a negative net margin of 5.03%.The business had revenue of $114.87 million for the quarter, compared to analysts’ expectations of $118.50 million. During the same period in the prior year, the firm earned ($0.41) EPS. On average, sell-side analysts predict that Duluth Holdings Inc. will post -0.56 earnings per share for the current year.

Insider Activity at Duluth

In other Duluth news, SVP Richard W. Schlecht bought 18,052 shares of Duluth stock in a transaction dated Tuesday, December 23rd. The shares were purchased at an average cost of $2.17 per share, for a total transaction of $39,172.84. Following the acquisition, the senior vice president directly owned 341,731 shares in the company, valued at approximately $741,556.27. This represents a 5.58% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 42.94% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blair William & Co. IL lifted its position in shares of Duluth by 17.2% during the third quarter. Blair William & Co. IL now owns 113,510 shares of the company’s stock worth $444,000 after purchasing an additional 16,678 shares during the last quarter. Empowered Funds LLC lifted its holdings in Duluth by 9.3% during the 1st quarter. Empowered Funds LLC now owns 101,447 shares of the company’s stock valued at $177,000 after buying an additional 8,597 shares in the last quarter. Goldman Sachs Group Inc. lifted 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 buying an additional 29,521 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in Duluth in the 3rd quarter valued at about $140,000. Finally, Taylor & Morgan Wealth Management LLC grew its stake in Duluth by 29.2% in the 4th quarter. Taylor & Morgan Wealth Management LLC now owns 31,000 shares of the company’s stock worth $64,000 after acquiring an additional 7,000 shares in the last quarter. Hedge funds and other institutional investors own 24.39% of the company’s stock.

About Duluth

Duluth Holdings Inc operates as a specialty retailer of workwear, outdoor apparel and accessories for men and women under the Duluth Trading Co name. The company’s product line includes work pants, durable outerwear, performance-based shirts, base layers and specialized gear such as tool belts and backpacks. Duluth Trading Co focuses on combining practical functionality with style, targeting tradespeople, outdoor enthusiasts and anyone in need of rugged, long-lasting clothing.

Since its founding in 1989, Duluth Trading Co has grown from a regional catalog business into a national retail chain.