Duluth Holdings Inc (NASDAQ:DLTH - Get Free Report) CFO Heena Agrawal acquired 9,000 shares of Duluth stock in a transaction on Friday, April 11th. The shares were bought at an average price of $1.84 per share, with a total value of $16,560.00. Following the purchase, the chief financial officer now directly owns 225,093 shares in the company, valued at approximately $414,171.12. The trade was a 4.16 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.
Duluth Trading Down 1.1 %
DLTH stock opened at $1.79 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 1.30 and a debt-to-equity ratio of 0.30. Duluth Holdings Inc has a 52-week low of $1.58 and a 52-week high of $4.61. The company's 50-day simple moving average is $2.37 and its 200-day simple moving average is $3.07. The firm has a market cap of $56.88 million, a P/E ratio of -1.81 and a beta of 1.21.
Duluth (NASDAQ:DLTH - Get Free Report) last issued its quarterly earnings data on Thursday, March 13th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.28 by ($0.32). The business had revenue of $241.27 million during the quarter, compared to analyst estimates of $252.86 million. Duluth had a negative net margin of 5.26% and a negative return on equity of 7.28%. As a group, equities analysts forecast that Duluth Holdings Inc will post -0.56 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on the company. StockNews.com initiated coverage on Duluth in a research report on Thursday, April 10th. They set a "hold" rating for the company. Robert W. Baird decreased their target price on shares of Duluth from $3.50 to $2.75 and set a "neutral" rating for the company in a research note on Friday, March 14th.
View Our Latest Stock Analysis on DLTH
Institutional Investors Weigh In On Duluth
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC lifted its holdings in Duluth by 101.6% during the third quarter. Barclays PLC now owns 92,318 shares of the company's stock valued at $347,000 after purchasing an additional 46,527 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Duluth by 106.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 32,464 shares of the company's stock worth $122,000 after purchasing an additional 16,743 shares during the last quarter. Taylor & Morgan Wealth Management LLC lifted its stake in Duluth by 22.7% in the 4th quarter. Taylor & Morgan Wealth Management LLC now owns 27,000 shares of the company's stock valued at $83,000 after buying an additional 5,000 shares in the last quarter. Fruth Investment Management acquired a new stake in Duluth in the 4th quarter worth about $42,000. Finally, Empowered Funds LLC increased its stake in Duluth by 5.0% during the 4th quarter. Empowered Funds LLC now owns 92,850 shares of the company's stock worth $287,000 after buying an additional 4,459 shares in the last quarter. Hedge funds and other institutional investors own 24.39% of the company's stock.
Duluth Company Profile
(
Get Free Report)
Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.
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