TheStreet upgraded shares of Duckhorn Portfolio (NYSE:NAPA – Get Rating) from a d+ rating to a c- rating in a report released on Thursday, TheStreetRatingsTable reports.
Other research analysts also recently issued research reports about the company. Barclays lifted their price target on Duckhorn Portfolio from $18.00 to $19.00 and gave the company an equal weight rating in a report on Monday, December 12th. JPMorgan Chase & Co. downgraded Duckhorn Portfolio from an overweight rating to a neutral rating and lowered their target price for the company from $24.00 to $19.00 in a research note on Thursday, September 15th. Jefferies Financial Group reduced their price target on Duckhorn Portfolio from $23.00 to $21.00 in a research report on Thursday, September 29th. Wedbush began coverage on Duckhorn Portfolio in a research report on Monday, October 10th. They issued an outperform rating and a $18.00 price target for the company. Finally, Credit Suisse Group reduced their price target on Duckhorn Portfolio from $26.00 to $20.00 and set an outperform rating for the company in a research report on Thursday, September 22nd. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Duckhorn Portfolio presently has a consensus rating of Moderate Buy and a consensus price target of $19.78.
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Shares of NAPA opened at $16.58 on Thursday. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 31.89, a PEG ratio of 4.93 and a beta of 0.22. The stock has a 50 day moving average of $15.47 and a 200-day moving average of $17.10. The company has a current ratio of 2.88, a quick ratio of 0.59 and a debt-to-equity ratio of 0.22. Duckhorn Portfolio has a 52 week low of $12.64 and a 52 week high of $23.57.
Duckhorn Portfolio (NYSE:NAPA – Get Rating) last issued its earnings results on Wednesday, September 28th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.01). The firm had revenue of $78.01 million during the quarter, compared to analyst estimates of $77.88 million. Duckhorn Portfolio had a return on equity of 7.45% and a net margin of 15.60%. As a group, analysts forecast that Duckhorn Portfolio will post 0.55 EPS for the current year.Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Point72 Hong Kong Ltd acquired a new stake in shares of Duckhorn Portfolio in the third quarter valued at about $28,000. Tower Research Capital LLC TRC increased its position in shares of Duckhorn Portfolio by 49.9% in the third quarter. Tower Research Capital LLC TRC now owns 3,797 shares of the company's stock valued at $55,000 after acquiring an additional 1,264 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Duckhorn Portfolio by 99.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,418 shares of the company's stock valued at $78,000 after acquiring an additional 2,707 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Duckhorn Portfolio in the third quarter valued at about $85,000. Finally, Amalgamated Bank bought a new position in Duckhorn Portfolio during the first quarter worth about $97,000. 97.75% of the stock is currently owned by institutional investors.
Duckhorn Portfolio Company Profile
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The Duckhorn Portfolio, Inc produces and sells wines in North America. It offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. The company sells wines to distributors, and directly to retail accounts and consumers.
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