Duluth Holdings Inc (NASDAQ:DLTH) has been assigned a $30.00 target price by investment analysts at BMO Capital Markets in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 57.15% from the company’s previous close.

A number of other analysts have also recently weighed in on DLTH. Stifel Nicolaus dropped their price objective 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. Zacks Investment Research lowered shares of Duluth Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, June 8th. Wunderlich reiterated a “buy” rating and issued a $36.00 target price on shares of Duluth Holdings in a research report on Friday, June 9th. Robert W. Baird decreased their target price on shares of Duluth Holdings from $30.00 to $25.00 and set an “outperform” rating for the company in a research report on Friday, June 9th. Finally, FBR & Co reiterated an “outperform” rating and issued a $26.00 target price on shares of Duluth Holdings in a research report on Tuesday, July 11th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $26.38.

Shares of Duluth Holdings (NASDAQ:DLTH) opened at 19.09 on Tuesday. The stock has a market cap of $619.55 million, a P/E ratio of 33.49 and a beta of 0.19. Duluth Holdings has a one year low of $16.01 and a one year high of $38.19. The stock has a 50 day moving average of $18.43 and a 200 day moving average of $20.34.

Duluth Holdings (NASDAQ:DLTH) last released its quarterly earnings data on Tuesday, June 6th. The company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by $0.04. Duluth Holdings had a return on equity of 1.28% and a net margin of 0.50%. The firm had revenue of $83.70 million during the quarter, compared to analyst estimates of $82.94 million. During the same period last year, the business earned $0.10 EPS. The firm’s revenue was up 22.0% on a year-over-year basis. Equities analysts expect that Duluth Holdings will post $0.69 EPS for the current fiscal year.

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In other news, Director William E. Ferry sold 28,400 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $18.93, for a total transaction 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 transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director E David Coolidge III acquired 15,000 shares of Duluth Holdings stock in a transaction dated Thursday, June 15th. The shares were acquired at an average price of $17.25 per share, with a total value of $258,750.00. Following the transaction, the director now owns 5,365 shares in the company, valued at approximately $92,546.25. The disclosure for this purchase can be found here. Insiders sold a total of 50,400 shares of company stock valued at $957,672 in the last quarter. 70.38% of the stock is currently owned by insiders.

Institutional investors have recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. raised its position in Duluth Holdings by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 32,942 shares of the company’s stock valued at $600,000 after buying an additional 171 shares during the period. American International Group Inc. raised its position in Duluth Holdings by 7.0% in the first quarter. American International Group Inc. now owns 5,904 shares of the company’s stock valued at $126,000 after buying an additional 388 shares during the period. Rhumbline Advisers raised its position in Duluth Holdings by 9.2% in the second quarter. Rhumbline Advisers now owns 10,553 shares of the company’s stock valued at $192,000 after buying an additional 885 shares during the period. Teachers Advisors LLC raised its position in Duluth Holdings by 5.9% in the fourth quarter. Teachers Advisors LLC now owns 17,524 shares of the company’s stock valued at $445,000 after buying an additional 980 shares during the period. Finally, Gradient Investments LLC raised its position in Duluth Holdings by 7.7% in the second quarter. Gradient Investments LLC now owns 16,330 shares of the company’s stock valued at $297,000 after buying an additional 1,170 shares during the period. Institutional investors own 33.01% of the company’s stock.

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.

Analyst Recommendations for Duluth Holdings (NASDAQ:DLTH)

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