Duluth Holdings (DLTH) Receiving Somewhat Favorable Press Coverage, Accern Reports
Media headlines about Duluth Holdings (NASDAQ:DLTH) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Duluth Holdings earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.1327231839533 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Comparing Duluth Holdings (DLTH) & Gildan Activewear (GIL) (americanbankingnews.com)
- Contrasting Duluth Holdings (DLTH) and Tumi Holdings (TUMI) (americanbankingnews.com)
- Fiesta Restaurant Group, Inc. (FRGI) closes with a move of -1.73% and Duluth Holdings Inc. (DLTH) with share worth … – Stocks Gallery (stocksgallery.com)
- Duluth Holdings Inc (DLTH) Ends Session Above Parabolic SAR – FLBC News (flbcnews.com)
- Chart Monitor: Taking a Look at Shares of Duluth Holdings Inc (DLTH) – Hayden Business Journal (haydenbusinessjournal.com)
A number of analysts have issued reports on the company. Robert W. Baird decreased their price target on Duluth Holdings from $30.00 to $25.00 and set an “outperform” rating on the stock in a research note on Friday, June 9th. Zacks Investment Research raised Duluth Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 2nd. DA Davidson assumed coverage on Duluth Holdings in a research note on Friday, July 21st. They issued a “buy” rating and a $25.00 price target on the stock. BMO Capital Markets set a $30.00 price target on Duluth Holdings and gave the stock a “buy” rating in a research note on Tuesday, June 6th. Finally, Stifel Nicolaus decreased their price target on Duluth Holdings from $21.00 to $20.00 and set a “hold” rating on the stock in a research note on Wednesday, June 7th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $27.63.
Shares of Duluth Holdings (NASDAQ DLTH) traded up 0.21% during mid-day trading on Monday, reaching $19.44. The company’s stock had a trading volume of 110,611 shares. The firm’s 50 day moving average is $18.26 and its 200-day moving average is $20.36. The company has a market capitalization of $630.91 million, a PE ratio of 34.11 and a beta of 0.19. Duluth Holdings has a 52-week low of $16.01 and a 52-week high of $38.19.
Duluth Holdings (NASDAQ:DLTH) last posted its quarterly earnings results on Tuesday, June 6th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.04. The business had revenue of $83.70 million for the quarter, compared to analyst estimates of $82.94 million. Duluth Holdings had a net margin of 4.71% and a return on equity of 17.31%. The firm’s quarterly revenue was up 22.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.10 earnings per share. Analysts forecast that Duluth Holdings will post $0.69 EPS for the current year.
In other news, Director E David Coolidge III bought 15,000 shares of the stock in a transaction on Thursday, June 15th. The shares were purchased at an average price of $17.25 per share, for a total transaction of $258,750.00. Following the completion of the purchase, the director now directly owns 5,365 shares of the company’s stock, valued at approximately $92,546.25. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director William E. Ferry sold 28,400 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $18.93, for a total value of $537,612.00. Following the completion of the transaction, the director now owns 2,032 shares in the company, valued at approximately $38,465.76. The disclosure for this sale can be found here. Insiders have sold 50,400 shares of company stock worth $957,672 over the last three months. 70.38% of the stock is owned by insiders.
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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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