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.
WARNING: “Q1 2018 Earnings Estimate for Duluth Holdings Inc (DLTH) Issued By William Blair” was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this news story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The original version of this news story can be accessed at https://sportsperspectives.com/2017/04/21/duluth-holdings-inc-dlth-to-post-q1-2018-earnings-of-0-06-per-share-william-blair-forecasts-updated-updated.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Duluth Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duluth Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.