Analysts Anticipate Duluth Holdings Inc (DLTH) to Post $0.56 EPS

Analysts expect that Duluth Holdings Inc (NASDAQ:DLTH) will post earnings of $0.56 per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Duluth’s earnings, with the lowest EPS estimate coming in at $0.54 and the highest estimate coming in at $0.58. Duluth reported earnings of $0.43 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 30.2%. The firm is scheduled to issue its next quarterly earnings report on Tuesday, March 20th.

On average, analysts expect that Duluth will report full-year earnings of $0.67 per share for the current financial year, with EPS estimates ranging from $0.66 to $0.69. For the next fiscal year, analysts expect that the company will post earnings of $0.87 per share, with EPS estimates ranging from $0.77 to $1.07. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Duluth.

Duluth (NASDAQ:DLTH) last issued its quarterly earnings data on Thursday, December 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.04). Duluth had a net margin of 4.16% and a return on equity of 15.23%. The company had revenue of $83.70 million during the quarter, compared to analysts’ expectations of $84.01 million. During the same quarter in the prior year, the company earned $0.01 earnings per share. The firm’s revenue was up 24.9% compared to the same quarter last year.

A number of equities analysts have recently commented on the stock. B. Riley reiterated a “buy” rating on shares of Duluth in a report on Wednesday, November 1st. Zacks Investment Research cut shares of Duluth from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. TheStreet cut shares of Duluth from a “c” rating to a “d+” rating in a report on Thursday, December 14th. Stifel Nicolaus cut their price target on shares of Duluth from $20.00 to $17.00 and set a “hold” rating on the stock in a report on Friday, December 8th. Finally, Raymond James Financial restated a “hold” rating on shares of Duluth in a report on Thursday, December 7th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $22.43.

Shares of Duluth (NASDAQ:DLTH) traded up $0.77 during trading hours on Friday, hitting $18.28. 195,902 shares of the stock were exchanged, compared to its average volume of 239,129. The firm has a market capitalization of $531.89, a price-to-earnings ratio of 33.85, a PEG ratio of 1.36 and a beta of 0.04. The company has a current ratio of 2.47, a quick ratio of 0.27 and a debt-to-equity ratio of 0.59. Duluth has a 52 week low of $15.13 and a 52 week high of $24.65.

In other Duluth news, SVP Allen L. Dittrich sold 15,000 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $18.86, for a total value of $282,900.00. Following the transaction, the senior vice president now directly owns 211,221 shares in the company, valued at $3,983,628.06. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director William E. Ferry sold 28,400 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $19.67, for a total transaction of $558,628.00. Following the completion of the transaction, the director now owns 2,032 shares in the company, valued at $39,969.44. The disclosure for this sale can be found here. Over the last quarter, insiders sold 86,800 shares of company stock worth $1,672,470. Corporate insiders own 70.38% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DLTH. JPMorgan Chase & Co. purchased a new position in shares of Duluth in the third quarter worth approximately $158,000. Rhumbline Advisers boosted its position in Duluth by 9.2% during the second quarter. Rhumbline Advisers now owns 10,553 shares of the company’s stock worth $192,000 after purchasing an additional 885 shares in the last quarter. UBS Asset Management Americas Inc. purchased a new stake in Duluth during the second quarter worth $242,000. Mesirow Financial Investment Management Inc. purchased a new stake in Duluth during the second quarter worth $360,000. Finally, Dupont Capital Management Corp boosted its position in Duluth by 61.7% during the third quarter. Dupont Capital Management Corp now owns 24,840 shares of the company’s stock worth $504,000 after purchasing an additional 9,475 shares in the last quarter. Hedge funds and other institutional investors own 37.37% of the company’s stock.

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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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Earnings History and Estimates for Duluth (NASDAQ:DLTH)

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