Media stories about Duluth Holdings (NASDAQ:DLTH) have trended positive on Friday, AlphaOne reports. The research group, a division of Accern, identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Duluth Holdings earned a media sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also gave news articles about the company an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have impacted AlphaOne Sentiment Analysis’s analysis:
- Duluth Holdings, Inc. breached its 50 day moving average in a Bearish Manner : DLTH-US : May 19, 2017 (finance.yahoo.com)
- Get a sneak peek inside Cincinnati’s first Duluth Trading Co. store: PHOTOS (Video) (finance.yahoo.com)
- The Brokerages Set Duluth Holdings Inc (DLTH) PT at $29.61 – BangaloreWeekly (bangaloreweekly.com)
- Duluth Holdings Inc. to Report First Quarter 2017 Financial Results on June 6 (finance.yahoo.com)
- Is Duluth Holdings Inc (DLTH) As Financially Strong As Its Low Debt-Load Indicates? (simplywall.st)
Several analysts recently issued reports on DLTH shares. BMO Capital Markets reiterated a “buy” rating and set a $30.00 price target on shares of Duluth Holdings in a research report on Wednesday, March 15th. TheStreet lowered shares of Duluth Holdings from a “c-” rating to a “d+” rating in a research report on Thursday, February 16th. Zacks Investment Research upgraded shares of Duluth Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, February 22nd. Stifel Nicolaus cut their target price on shares of Duluth Holdings from $33.00 to $21.00 and set a “hold” rating on the stock in a research report on Thursday, March 16th. Finally, Robert W. Baird upgraded shares of Duluth Holdings from a “neutral” rating to an “outperform” rating and set a $30.00 target price on the stock in a research report on Friday, February 24th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $30.01.
Shares of Duluth Holdings (NASDAQ:DLTH) traded down 2.03% during mid-day trading on Friday, reaching $20.22. 311,576 shares of the company’s stock were exchanged. Duluth Holdings has a 52-week low of $18.25 and a 52-week high of $38.19. The company has a 50 day moving average price of $21.11 and a 200 day moving average price of $24.34. The firm has a market cap of $655.96 million, a P/E ratio of 30.64 and a beta of 0.47.
Duluth Holdings (NASDAQ:DLTH) last released its quarterly earnings results on Tuesday, March 21st. The company reported $0.43 EPS for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.09. Duluth Holdings had a net margin of 5.46% and a return on equity of 19.54%. The business had revenue of $174.70 million during the quarter, compared to analysts’ expectations of $163.74 million. During the same quarter in the previous year, the company earned $0.37 EPS. The business’s quarterly revenue was up 24.4% compared to the same quarter last year. Analysts forecast that Duluth Holdings will post $0.70 earnings per share for the current fiscal year.
In other Duluth Holdings news, Director William E. Ferry sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $21.77, for a total value of $261,240.00. Following the completion of the transaction, the director now owns 3,333 shares of the company’s stock, valued at approximately $72,559.41. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director William E. Ferry sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, March 27th. The stock was sold at an average price of $22.55, for a total transaction of $451,000.00. Following the completion of the transaction, the director now directly owns 3,333 shares of the company’s stock, valued at approximately $75,159.15. The disclosure for this sale can be found here. In the last three months, insiders sold 55,333 shares of company stock valued at $1,216,350. Corporate insiders own 70.71% of the company’s stock.
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About Duluth Holdings
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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