Duluth (NASDAQ:DLTH - Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.02), Zacks reports. Duluth had a negative net margin of 5.26% and a negative return on equity of 7.28%. Duluth updated its FY 2025 guidance to EPS.
Duluth Stock Performance
DLTH traded down $0.39 during midday trading on Thursday, hitting $1.85. 334,007 shares of the company traded hands, compared to its average volume of 84,644. The company has a quick ratio of 0.16, a current ratio of 1.30 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $60.36 million, a PE ratio of -1.87 and a beta of 1.32. The company's 50-day moving average is $1.85 and its 200 day moving average is $2.58. Duluth has a 52 week low of $1.58 and a 52 week high of $4.50.
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. Robert W. Baird cut their price objective on shares of Duluth from $3.50 to $2.75 and set a "neutral" rating on the stock in a research report on Friday, March 14th. Wall Street Zen started coverage on shares of Duluth in a research note on Tuesday, May 20th. They set a "hold" rating on the stock.
Check Out Our Latest Research Report on Duluth
Insider Buying and Selling at Duluth
In other Duluth news, Director Brett Lee Paschke acquired 50,000 shares of the stock in a transaction dated Thursday, April 3rd. The shares were purchased at an average price of $1.81 per share, for a total transaction of $90,500.00. Following the purchase, the director now directly owns 93,801 shares of the company's stock, valued at approximately $169,779.81. This trade represents a 114.15% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 42.94% of the company's stock.
Hedge Funds Weigh In On Duluth
An institutional investor recently raised its position in Duluth stock. Goldman Sachs Group Inc. lifted its holdings in Duluth Holdings Inc (NASDAQ:DLTH - Free Report) by 50.8% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 87,615 shares of the company's stock after purchasing an additional 29,521 shares during the period. Goldman Sachs Group Inc. owned about 0.27% of Duluth worth $152,000 at the end of the most recent reporting period. Institutional investors own 24.39% of the company's stock.
Duluth Company Profile
(
Get Free Report)
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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