Q1 2018 Earnings Estimate for Duluth Holdings Inc (DLTH) Issued By William Blair

Duluth Holdings Inc (NASDAQ:DLTH) – Equities researchers at William Blair issued their Q1 2018 EPS estimates for shares of Duluth Holdings in a research report issued to clients and investors on Wednesday, Zacks Investment Research reports. William Blair analyst D. Carden anticipates that the company will post earnings of $0.06 per share for the quarter. William Blair also issued estimates for Duluth Holdings’ Q2 2018 earnings at $0.17 EPS, Q3 2018 earnings at $0.02 EPS, Q4 2018 earnings at $0.44 EPS and FY2019 earnings at $0.76 EPS.

A number of other equities analysts have also weighed in on the company. Stifel Nicolaus decreased their price target on Duluth Holdings from $33.00 to $21.00 and set a “hold” rating for the company in a research report on Thursday, March 16th. BMO Capital Markets reiterated a “buy” rating and issued a $30.00 price target on shares of Duluth Holdings in a research report on Wednesday, March 15th. Zacks Investment Research upgraded Duluth Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, February 28th. Robert W. Baird upgraded Duluth Holdings from a “neutral” rating to an “outperform” rating and set a $30.00 price target for the company in a research report on Friday, February 24th. Finally, TheStreet lowered Duluth Holdings from a “c-” rating to a “d+” rating in a research report on Thursday, February 16th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $30.01.

Earnings History and Estimates for Duluth Holdings (NASDAQ:DLTH)

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Shares of Duluth Holdings (NASDAQ:DLTH) traded up 1.81% during midday trading on Thursday, hitting $20.83. 260,846 shares of the company’s stock traded hands. Duluth Holdings has a 52 week low of $18.25 and a 52 week high of $38.19. The stock has a market cap of $675.75 million, a P/E ratio of 31.56 and a beta of 0.47. The company has a 50 day moving average of $20.30 and a 200 day moving average of $25.15.

Duluth Holdings (NASDAQ:DLTH) last issued its earnings results on Tuesday, March 21st. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.34 by $0.09. The company had revenue of $174.70 million for the quarter, compared to analyst estimates of $163.74 million. Duluth Holdings had a net margin of 5.46% and a return on equity of 19.54%. The business’s revenue was up 24.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.37 EPS.

In related news, Director William E. Ferry sold 20,000 shares of the stock in a transaction dated Monday, March 27th. The stock was sold at an average price of $22.55, for a total value of $451,000.00. Following the completion of the sale, the director now directly owns 3,333 shares of the company’s stock, valued at approximately $75,159.15. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Charles Roger Lewis sold 5,000 shares of the stock in a transaction dated Tuesday, March 28th. The stock was sold at an average price of $21.51, for a total value of $107,550.00. Following the completion of the sale, the director now directly owns 35,713 shares of the company’s stock, valued at $768,186.63. The disclosure for this sale can be found here. Over the last three months, insiders sold 33,333 shares of company stock valued at $736,710. Company insiders own 70.71% of the company’s stock.

A number of large investors have recently made changes to their positions in the company. Wells Fargo & Company MN increased its stake in shares of Duluth Holdings by 101.6% in the third quarter. Wells Fargo & Company MN now owns 5,261 shares of the company’s stock valued at $140,000 after buying an additional 2,652 shares in the last quarter. Campbell Newman Asset Management Inc. acquired a new stake in shares of Duluth Holdings during the third quarter valued at about $214,000. Denver Investment Advisors LLC acquired a new stake in shares of Duluth Holdings during the fourth quarter valued at about $239,000. Dimensional Fund Advisors LP purchased a new stake in Duluth Holdings during the fourth quarter worth $365,000. Finally, Alps Advisors Inc. purchased a new stake in Duluth Holdings during the third quarter worth $398,000. 30.09% of the stock is owned by hedge funds and other institutional investors.

About Duluth Holdings

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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