Equities research analysts expect Duluth Holdings Inc (NASDAQ:DLTH) to report ($0.10) earnings per share (EPS) for the current quarter, Zacks reports. Five analysts have made estimates for Duluth’s earnings, with the highest EPS estimate coming in at ($0.06) and the lowest estimate coming in at ($0.13). Duluth reported earnings per share of ($0.03) during the same quarter last year, which would indicate a negative year-over-year growth rate of 233.3%. The firm is scheduled to issue its next earnings report on Thursday, December 6th.

According to Zacks, analysts expect that Duluth will report full-year earnings of $0.84 per share for the current fiscal year, with EPS estimates ranging from $0.82 to $0.86. For the next financial year, analysts forecast that the business will report earnings of $1.03 per share, with EPS estimates ranging from $1.00 to $1.06. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Duluth.

Duluth (NASDAQ:DLTH) last issued its quarterly earnings results on Wednesday, September 5th. The company reported $0.20 EPS for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.06. The company had revenue of $110.65 million during the quarter, compared to the consensus estimate of $106.56 million. Duluth had a return on equity of 16.57% and a net margin of 4.76%. Duluth’s revenue was up 28.3% on a year-over-year basis. During the same period last year, the business posted $0.13 earnings per share.

A number of brokerages recently commented on DLTH. Robert W. Baird reaffirmed a “buy” rating and set a $30.00 price target on shares of Duluth in a research report on Thursday, August 9th. BidaskClub downgraded Duluth from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 10th. ValuEngine raised Duluth from a “hold” rating to a “buy” rating in a research report on Thursday, June 21st. Stifel Nicolaus raised their target price on Duluth from $26.00 to $29.00 and gave the stock a “hold” rating in a research report on Thursday, September 6th. Finally, William Blair raised Duluth from a “market perform” rating to an “outperform” rating in a research report on Friday, June 29th. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $29.00.

In other Duluth news, SVP Allen L. Dittrich sold 5,000 shares of the firm’s stock in a transaction on Thursday, September 27th. The stock was sold at an average price of $31.39, for a total value of $156,950.00. Following the completion of the sale, the senior vice president now directly owns 187,186 shares of the company’s stock, valued at $5,875,768.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephanie L. Pugliese sold 2,830 shares of the firm’s stock in a transaction on Friday, September 28th. The stock was sold at an average price of $31.18, for a total value of $88,239.40. Following the completion of the sale, the insider now directly owns 768,282 shares of the company’s stock, valued at $23,955,032.76. The disclosure for this sale can be found here. Insiders sold 40,830 shares of company stock valued at $1,265,659 over the last three months. Company insiders own 74.90% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in DLTH. Jane Street Group LLC bought a new position in shares of Duluth in the second quarter worth $205,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of Duluth by 39.7% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 12,999 shares of the company’s stock worth $309,000 after acquiring an additional 3,692 shares during the period. Perkins Capital Management Inc. bought a new position in shares of Duluth in the second quarter worth $321,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Duluth in the first quarter worth $453,000. Finally, Barclays PLC boosted its holdings in shares of Duluth by 1,452.0% in the first quarter. Barclays PLC now owns 24,971 shares of the company’s stock worth $467,000 after acquiring an additional 23,362 shares during the period. 43.32% of the stock is owned by institutional investors and hedge funds.

Shares of DLTH traded up $0.87 on Friday, reaching $28.94. 127,354 shares of the company’s stock traded hands, compared to its average volume of 225,444. The company has a current ratio of 2.73, a quick ratio of 0.33 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $919.39 million, a price-to-earnings ratio of 43.19, a PEG ratio of 1.88 and a beta of 0.01. Duluth has a 52-week low of $15.13 and a 52-week high of $35.67.

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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