William Blair Predicts Duluth's Q4 Earnings (NASDAQ:DLTH)

Key Points

• William Blair has raised its Q4 2027 earnings estimate for Duluth Holdings Inc. to $0.34 per share, up from the previous estimate of $0.33.
• Duluth reported an earnings per share (EPS) of $0.03 for its last quarter, exceeding the consensus estimate of ($0.05) by $0.08.
• Analysts have shown increased confidence in Duluth, with Baird R W upgrading the stock from "hold" to "strong-buy" and setting a target price of $7.00.

Duluth Holdings Inc. (NASDAQ:DLTH - Free Report) - Investment analysts at William Blair upped their Q4 2027 earnings per share estimates for Duluth in a research report issued on Thursday, September 4th. William Blair analyst D. Carden now expects that the company will post earnings of $0.34 per share for the quarter, up from their previous estimate of $0.33. The consensus estimate for Duluth's current full-year earnings is ($0.56) per share.

Duluth (NASDAQ:DLTH - Get Free Report) last issued its earnings results on Thursday, September 4th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.08. The firm had revenue of $131.72 million during the quarter, compared to the consensus estimate of $124.03 million. Duluth had a negative return on equity of 14.12% and a negative net margin of 7.99%. Duluth has set its FY 2025 guidance at EPS.

Several other research analysts also recently issued reports on the company. Baird R W raised Duluth from a "hold" rating to a "strong-buy" rating in a research note on Friday. Wall Street Zen initiated coverage on Duluth in a research note on Tuesday, May 20th. They issued a "hold" rating for the company. Finally, Robert W. Baird raised Duluth from a "neutral" rating to an "outperform" rating and upped their price objective for the company from $2.00 to $7.00 in a research note on Friday. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. Based on data from MarketBeat.com, Duluth currently has an average rating of "Strong Buy" and a consensus target price of $7.00.

Duluth Stock Up 5.6%

Shares of NASDAQ DLTH opened at $3.79 on Monday. The company has a market cap of $142.43 million, a price-to-earnings ratio of -2.65 and a beta of 1.20. Duluth has a 12 month low of $1.58 and a 12 month high of $4.66. The company has a current ratio of 1.35, a quick ratio of 0.22 and a debt-to-equity ratio of 0.33. The stock has a 50-day moving average price of $2.28 and a two-hundred day moving average price of $2.12.

Institutional Trading of Duluth

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in Duluth during the 2nd quarter valued at approximately $50,000. Yarger Wealth Strategies LLC increased its position in Duluth by 124.5% during the 2nd quarter. Yarger Wealth Strategies LLC now owns 32,419 shares of the company's stock valued at $68,000 after purchasing an additional 17,978 shares during the period. Taylor & Morgan Wealth Management LLC increased its position in Duluth by 47.0% during the 1st quarter. Taylor & Morgan Wealth Management LLC now owns 39,687 shares of the company's stock valued at $69,000 after purchasing an additional 12,687 shares during the period. Northern Trust Corp increased its position in Duluth by 14.2% during the 4th quarter. Northern Trust Corp now owns 62,462 shares of the company's stock valued at $193,000 after purchasing an additional 7,769 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Duluth by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 87,615 shares of the company's stock valued at $152,000 after purchasing an additional 29,521 shares during the period. Institutional investors and hedge funds own 24.39% 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.

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