Duluth Holdings Inc (NASDAQ:DLTH) SVP Allen L. Dittrich sold 15,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $18.86, for a total transaction of $282,900.00. Following the completion of the transaction, the senior vice president now owns 211,221 shares in the company, valued at approximately $3,983,628.06. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of Duluth Holdings Inc (NASDAQ:DLTH) traded down $0.10 on Friday, reaching $18.89. 274,659 shares of the company’s stock were exchanged, compared to its average volume of 266,950. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.30 and a current ratio of 2.54. Duluth Holdings Inc has a twelve month low of $16.01 and a twelve month high of $37.49. The stock has a market cap of $623.86 and a price-to-earnings ratio of 32.83.
Duluth (NASDAQ:DLTH) last announced its quarterly earnings data on Tuesday, September 5th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. Duluth had a net margin of 4.64% and a return on equity of 17.05%. The business had revenue of $86.20 million during the quarter, compared to analyst estimates of $82.51 million. During the same period last year, the firm posted $0.11 EPS. The company’s revenue was up 31.0% on a year-over-year basis. equities research analysts expect that Duluth Holdings Inc will post 0.7 EPS for the current year.
Several equities research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Duluth from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. FBR & Co reissued a “buy” rating and issued a $26.00 target price on shares of Duluth in a report on Thursday, August 31st. Robert W. Baird reissued a “buy” rating on shares of Duluth in a report on Friday, September 8th. Raymond James Financial lowered shares of Duluth from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 23rd. Finally, BMO Capital Markets set a $30.00 target price on shares of Duluth and gave the stock a “buy” rating in a report on Sunday, September 10th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $26.51.
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Duluth 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.
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