Duluth Holdings Inc. (NASDAQ:DLTH) - FBR & Co issued their Q2 2018 EPS estimates for shares of Duluth Holdings in a report issued on Wednesday. FBR & Co analyst E. Beder anticipates that the company will earn $0.04 per share for the quarter. FBR & Co currently has a “Outperform” rating and a $26.00 target price on the stock. FBR & Co also issued estimates for Duluth Holdings’ Q3 2018 earnings at $0.04 EPS, Q4 2018 earnings at $0.61 EPS, FY2018 earnings at $0.70 EPS and FY2019 earnings at $0.88 EPS.
DLTH has been the topic of several other research reports. BMO Capital Markets set a $30.00 target price on shares of Duluth Holdings and gave the company a “buy” rating in a report on Tuesday, June 6th. Stifel Nicolaus reduced their target price on shares of Duluth Holdings from $21.00 to $20.00 and set a “hold” rating on the stock in a report on Wednesday, June 7th. DA Davidson began coverage on shares of Duluth Holdings in a report on Friday. They issued a “buy” rating and a $25.00 target price on the stock. Robert W. Baird reduced their target price on shares of Duluth Holdings from $30.00 to $25.00 and set an “outperform” rating on the stock in a report on Friday, June 9th. Finally, Wunderlich reaffirmed a “buy” rating and issued a $36.00 target price on shares of Duluth Holdings in a report on Friday, June 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $27.63.
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Duluth Holdings (NASDAQ DLTH) opened at 19.48 on Friday. The company has a market cap of $632.20 million, a price-to-earnings ratio of 34.18 and a beta of 0.15. The company’s 50 day moving average is $18.04 and its 200 day moving average is $20.78. Duluth Holdings has a 1-year low of $16.01 and a 1-year high of $38.19.
Duluth Holdings (NASDAQ:DLTH) last posted its quarterly earnings data on Tuesday, June 6th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.05 by $0.04. The firm had revenue of $83.70 million for the quarter, compared to the consensus estimate of $82.94 million. Duluth Holdings had a return on equity of 17.31% and a net margin of 4.71%. The company’s revenue was up 22.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.10 EPS.
Hedge funds have recently added to or reduced their stakes in the company. American International Group Inc. boosted its stake in Duluth Holdings by 7.0% in the first quarter. American International Group Inc. now owns 5,904 shares of the company’s stock worth $126,000 after buying an additional 388 shares during the last quarter. Teachers Advisors LLC boosted its stake in Duluth Holdings by 5.9% in the fourth quarter. Teachers Advisors LLC now owns 17,524 shares of the company’s stock worth $445,000 after buying an additional 980 shares during the last quarter. Gradient Investments LLC boosted its stake in Duluth Holdings by 7.7% in the second quarter. Gradient Investments LLC now owns 16,330 shares of the company’s stock worth $297,000 after buying an additional 1,170 shares during the last quarter. First Dallas Securities Inc. boosted its stake in Duluth Holdings by 13.4% in the first quarter. First Dallas Securities Inc. now owns 10,150 shares of the company’s stock worth $216,000 after buying an additional 1,200 shares during the last quarter. Finally, Campbell Newman Asset Management Inc. boosted its stake in Duluth Holdings by 13.6% in the first quarter. Campbell Newman Asset Management Inc. now owns 10,298 shares of the company’s stock worth $219,000 after buying an additional 1,236 shares during the last quarter. 31.50% of the stock is currently owned by institutional investors.
In other Duluth Holdings news, SVP Allen L. Dittrich sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $21.84, for a total transaction of $218,400.00. Following the sale, the senior vice president now owns 251,221 shares of the company’s stock, valued at $5,486,666.64. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director E David Coolidge III acquired 15,000 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were bought at an average cost of $17.25 per share, for a total transaction of $258,750.00. Following the acquisition, the director now owns 5,365 shares of the company’s stock, valued at approximately $92,546.25. The disclosure for this purchase can be found here. In the last three months, insiders have sold 34,000 shares of company stock worth $709,800. 70.38% of the stock is owned by corporate insiders.
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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