Duluth (DLTH) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Duluth in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DLTH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DLTH, but not buy additional shares or sell existing shares.
View DLTH analyst ratings or view top-rated stocks.

2 brokers have issued twelve-month target prices for Duluth's shares. Their DLTH share price forecasts range from $6.00 to $14.00. On average, they predict the company's share price to reach $10.00 in the next year. This suggests a possible upside of 86.6% from the stock's current price.
View analysts price targets for DLTH or view top-rated stocks among Wall Street analysts.

Duluth's stock was trading at $6.18 at the beginning of 2023. Since then, DLTH shares have decreased by 13.3% and is now trading at $5.36.
View the best growth stocks for 2023 here.

Duluth saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 976,700 shares, a decrease of 7.0% from the April 30th total of 1,050,000 shares. Based on an average daily volume of 131,600 shares, the days-to-cover ratio is currently 7.4 days. Approximately 3.6% of the company's shares are sold short.
View Duluth's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 1st 2023.
View our DLTH earnings forecast.

Duluth will be holding an earnings conference call on Thursday, June 1st at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "8504935".

Duluth Holdings Inc (NASDAQ:DLTH) issued its quarterly earnings results on Thursday, March, 9th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.03. The business earned $241.77 million during the quarter, compared to analyst estimates of $242.05 million. Duluth had a trailing twelve-month return on equity of 2.33% and a net margin of 0.35%.

Duluth issued an update on its FY 2023 earnings guidance on Thursday, March, 9th. The company provided earnings per share (EPS) guidance of $0.02-$0.08 for the period, compared to the consensus estimate of $0.06. The company issued revenue guidance of $645.00 million-$660.00 million, compared to the consensus revenue estimate of $654.77 million.

28 employees have rated Duluth Chief Executive Officer Sam Sato on Glassdoor.com. Sam Sato has an approval rating of 75% among the company's employees. 79.0% of employees surveyed would recommend working at Duluth to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Duluth investors own include Kroger (KR), Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD), Covanta (CVA), Gilead Sciences (GILD), Intel (INTC), General Motors (GM), NVIDIA (NVDA) and Applied Materials (AMAT).

(DLTH) raised $100 million in an IPO on Friday, November 20th 2015. The company issued 6,700,000 shares at $14.00-$16.00 per share. William Blair, Baird, Raymond James and BMO Capital Markets acted as the underwriters for the IPO.

Duluth trades on the NASDAQ under the ticker symbol "DLTH."

Duluth's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.06%), Tieton Capital Management LLC (2.13%), Dimensional Fund Advisors LP (1.14%), Geode Capital Management LLC (0.90%), Arrowstreet Capital Limited Partnership (0.73%) and Prudential Financial Inc. (0.42%). Insiders that own company stock include Brenda I Morris and Stephen L Schlecht.
View institutional ownership trends.

Shares of DLTH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DLTH stock can currently be purchased for approximately $5.36.

Duluth (NASDAQ:DLTH) has a market capitalization of $161.12 million and generates $653.31 million in revenue each year. The company earns $2.30 million in net income (profit) each year or $0.07 on an earnings per share basis.

The company employs 2,546 workers across the globe.

Duluth's mailing address is 201 East Front Street, Mount Horeb WI, 53572. The official website for the company is www.duluthtrading.com. The company can be reached via phone at 608-424-1544 or via email at duluth@finprofiles.com.