Duluth (NASDAQ:DLTH) issued an update on its FY19 earnings guidance on Thursday morning. The company provided EPS guidance of $0.79-0.84 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.84. The company issued revenue guidance of $555-575 million, compared to the consensus revenue estimate of $575.68 million.
DLTH opened at $24.34 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.33 and a current ratio of 2.73. Duluth has a 1 year low of $15.13 and a 1 year high of $35.67. The company has a market cap of $887.39 million, a P/E ratio of 36.32, a P/E/G ratio of 1.82 and a beta of 0.17.
Duluth (NASDAQ:DLTH) last posted its quarterly earnings results on Thursday, December 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.10). Duluth had a return on equity of 14.28% and a net margin of 4.12%. The business had revenue of $106.70 million for the quarter, compared to analyst estimates of $104.68 million. During the same period last year, the company earned ($0.03) EPS. Duluth’s revenue for the quarter was up 27.5% compared to the same quarter last year. Research analysts forecast that Duluth will post 0.83 earnings per share for the current fiscal year.
Several equities analysts recently issued reports on DLTH shares. TheStreet upgraded Duluth from a c+ rating to a b rating in a research report on Monday, November 19th. Zacks Investment Research upgraded Duluth from a hold rating to a buy rating and set a $38.00 price target on the stock in a research report on Thursday, September 6th. DA Davidson raised their price target on Duluth to $38.00 and gave the stock a buy rating in a research report on Thursday, September 6th. BidaskClub lowered Duluth from a strong-buy rating to a buy rating in a research report on Thursday, November 22nd. Finally, ValuEngine upgraded Duluth from a hold rating to a buy rating in a research report on Tuesday, August 14th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $31.75.
In other news, insider Stephanie L. Pugliese sold 25,000 shares of Duluth stock in a transaction that occurred on Monday, September 10th. The stock was sold at an average price of $32.51, for a total value of $812,750.00. Following the sale, the insider now directly owns 770,032 shares in the company, valued at approximately $25,033,740.32. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Stephanie L. Pugliese sold 2,830 shares of Duluth stock in a transaction that occurred 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 owns 768,282 shares in the company, valued at $23,955,032.76. The disclosure for this sale can be found here. Over the last quarter, insiders sold 56,830 shares of company stock worth $1,768,369. Corporate insiders own 70.38% of the company’s stock.
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.
Featured Story: Do Tariffs Work?
Receive News & Ratings for Duluth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duluth and related companies with MarketBeat.com's FREE daily email newsletter.