The Duckhorn Portfolio, Inc. (NYSE:NAPA) Receives $13.56 Consensus Target Price from Brokerages

The Duckhorn Portfolio, Inc. (NYSE:NAPA) has received a consensus rating of “Hold” from the seven ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $12.94.

Several research analysts have recently issued reports on NAPA shares. TheStreet upgraded shares of Duckhorn Portfolio from a “d” rating to a “c” rating in a report on Monday, March 18th. Bank of America cut shares of Duckhorn Portfolio from a “neutral” rating to an “underperform” rating and cut their price target for the company from $11.00 to $8.00 in a report on Tuesday, February 13th. Finally, Barclays cut shares of Duckhorn Portfolio from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $11.00 to $8.00 in a report on Thursday, April 18th.

Duckhorn Portfolio Stock Up 1.3 %

Shares of Duckhorn Portfolio stock opened at $8.36 on Tuesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 6.85. Duckhorn Portfolio has a 52-week low of $7.78 and a 52-week high of $15.37. The stock has a market capitalization of $964.82 million, a price-to-earnings ratio of 14.67, a P/E/G ratio of 7.21 and a beta of 0.25. The company’s 50 day moving average price is $9.03 and its 200-day moving average price is $9.52.

Duckhorn Portfolio (NYSE:NAPA) last issued its earnings results on Thursday, March 7th. The company reported $0.17 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.17. Duckhorn Portfolio had a net margin of 16.62% and a return on equity of 7.27%. The firm had revenue of $103.05 million for the quarter, compared to analysts’ expectations of $106.38 million. During the same quarter last year, the business earned $0.17 earnings per share. Equities research analysts forecast that Duckhorn Portfolio will post 0.59 EPS for the current year.

Insider Buying and Selling at Duckhorn Portfolio

In other Duckhorn Portfolio news, insider Sean B.A. Sullivan sold 25,000 shares of the firm’s stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $8.99, for a total transaction of $224,750.00. Following the completion of the transaction, the insider now owns 125,326 shares of the company’s stock, valued at $1,126,680.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Sean B.A. Sullivan sold 25,000 shares of Duckhorn Portfolio stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $8.99, for a total value of $224,750.00. Following the completion of the transaction, the insider now owns 125,326 shares of the company’s stock, valued at approximately $1,126,680.74. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Deirdre Mahlan sold 29,681 shares of Duckhorn Portfolio stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $9.23, for a total value of $273,955.63. Following the completion of the transaction, the insider now directly owns 104,590 shares of the company’s stock, valued at approximately $965,365.70. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Duckhorn Portfolio

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Duckhorn Portfolio by 5.8% in the 3rd quarter. Vanguard Group Inc. now owns 4,855,487 shares of the company’s stock worth $49,817,000 after buying an additional 264,257 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Duckhorn Portfolio by 9.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,751,059 shares of the company’s stock valued at $36,948,000 after purchasing an additional 332,292 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Duckhorn Portfolio by 7.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,577,702 shares of the company’s stock valued at $35,241,000 after purchasing an additional 254,641 shares during the period. Westwood Holdings Group Inc. grew its stake in shares of Duckhorn Portfolio by 32.5% during the 4th quarter. Westwood Holdings Group Inc. now owns 3,368,871 shares of the company’s stock valued at $33,183,000 after purchasing an additional 825,730 shares during the period. Finally, FMR LLC grew its stake in shares of Duckhorn Portfolio by 215.2% during the 3rd quarter. FMR LLC now owns 2,458,073 shares of the company’s stock valued at $25,220,000 after purchasing an additional 1,678,271 shares during the period.

Duckhorn Portfolio Company Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.