Shares of Duluth Holdings Inc. (NASDAQ:DLTH) have been given a consensus recommendation of “Buy” by the seven analysts that are covering the stock. Seven equities research analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $31.00.

Several brokerages have recently weighed in on DLTH. Stifel Nicolaus upped their target price on shares of Duluth Holdings from $28.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, September 2nd. Robert W. Baird upped their target price on shares of Duluth Holdings from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Friday, September 9th. BMO Capital Markets restated an “outperform” rating and issued a $35.00 target price (up from $28.00) on shares of Duluth Holdings in a research note on Saturday, September 10th. Zacks Investment Research upgraded shares of Duluth Holdings from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a research note on Monday, September 12th. Finally, Wunderlich began coverage on shares of Duluth Holdings in a research note on Tuesday, August 2nd. They issued a “buy” rating and a $30.00 target price for the company.

Duluth Holdings (NASDAQ:DLTH) opened at 30.38 on Wednesday. Duluth Holdings has a 12 month low of $12.76 and a 12 month high of $31.79. The stock has a market capitalization of $983.55 million and a P/E ratio of 48.38. The firm’s 50-day moving average is $27.18 and its 200 day moving average is $26.19.

Duluth Holdings (NASDAQ:DLTH) last announced its earnings results on Thursday, September 8th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04. The business earned $65.80 million during the quarter. Duluth Holdings had a net margin of 5.96% and a return on equity of 24.89%. The business’s revenue was up 27.3% compared to the same quarter last year. On average, equities analysts anticipate that Duluth Holdings will post $0.70 earnings per share for the current year.

In other Duluth Holdings news, Director William E. Ferry sold 4,180 shares of the stock in a transaction on Tuesday, November 1st. The shares were sold at an average price of $26.96, for a total transaction of $112,692.80. Following the sale, the director now directly owns 3,333 shares of the company’s stock, valued at $89,857.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 70.71% of the stock is currently owned by corporate insiders.

Hedge funds have recently modified their holdings of the company. California State Teachers Retirement System boosted its stake in shares of Duluth Holdings by 0.5% in the third quarter. California State Teachers Retirement System now owns 20,218 shares of the company’s stock worth $536,000 after buying an additional 100 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Duluth Holdings by 105.7% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 163,472 shares of the company’s stock worth $4,334,000 after buying an additional 83,999 shares during the period. BlackRock Group LTD acquired a new stake in shares of Duluth Holdings during the third quarter worth $129,000. Rhumbline Advisers acquired a new stake in shares of Duluth Holdings during the third quarter worth $215,000. Finally, TIAA CREF Investment Management LLC boosted its stake in shares of Duluth Holdings by 3.6% in the third quarter. TIAA CREF Investment Management LLC now owns 29,647 shares of the company’s stock worth $786,000 after buying an additional 1,044 shares during the period. 29.26% of the stock is currently owned by institutional investors.

Duluth Holdings Company Profile

Duluth Holdings Inc is a lifestyle brand of men’s and women’s casual wear, workwear and accessories sold through the Company’s own direct and retail channels. The Company operates through two segments: direct and retail. The Company’s product assortment includes shirts, pants, underwear, outerwear, footwear, accessories and hard goods.

5 Day Chart for NASDAQ:DLTH

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