Media stories about Duluth (NASDAQ:DLTH) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news 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 earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the company an impact score of 47.375299217348 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
- Duluth day care closing leaves parents scrambling (mprnews.org)
- As a No. 8 seed, Timberwolves can play with ‘no pressure’ (duluthnewstribune.com)
- Texts, court documents show custody battle over murdered Fergus Falls boy (duluthnewstribune.com)
- Storm brings potential for Lake Superior shoreline flooding (duluthnewstribune.com)
- Accomplice pleads guilty in Duluth murder (duluthnewstribune.com)
Several equities analysts have commented on the stock. Stifel Nicolaus reissued a “hold” rating on shares of Duluth in a research report on Wednesday, January 31st. BidaskClub upgraded shares of Duluth from a “hold” rating to a “buy” rating in a research note on Wednesday, March 28th. Zacks Investment Research cut shares of Duluth from a “buy” rating to a “hold” rating in a research note on Friday, March 23rd. Robert W. Baird dropped their price objective on shares of Duluth from $24.00 to $22.00 and set an “outperform” rating for the company in a report on Wednesday, March 21st. Finally, TheStreet raised shares of Duluth from a “d+” rating to a “c-” rating in a report on Wednesday, April 4th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $21.86.
Shares of NASDAQ DLTH traded down $0.28 during midday trading on Friday, reaching $19.24. 142,073 shares of the stock were exchanged, compared to its average volume of 351,449. The stock has a market cap of $570.36, a price-to-earnings ratio of 28.72, a P/E/G ratio of 1.18 and a beta of -0.09. Duluth has a 12 month low of $15.13 and a 12 month high of $22.89. The company has a quick ratio of 0.24, a current ratio of 2.02 and a debt-to-equity ratio of 0.20.
Duluth (NASDAQ:DLTH) last posted its quarterly earnings data on Tuesday, March 20th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.54 by $0.01. The business had revenue of $217.80 million for the quarter, compared to analysts’ expectations of $208.70 million. Duluth had a net margin of 4.95% and a return on equity of 17.37%. The firm’s revenue was up 24.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.43 EPS. research analysts anticipate that Duluth will post 0.83 EPS for the current fiscal year.
In other Duluth news, SVP Allen L. Dittrich sold 10,000 shares of Duluth stock in a transaction on Monday, April 2nd. The shares were sold at an average price of $18.60, for a total value of $186,000.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William E. Ferry sold 20,200 shares of Duluth stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $16.72, for a total transaction of $337,744.00. The disclosure for this sale can be found here. Insiders sold a total of 70,600 shares of company stock worth $1,250,136 over the last ninety days. 70.38% of the stock is currently owned by insiders.
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Duluth Company Profile
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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