Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA – Get Rating) have earned a consensus recommendation of "Moderate Buy" from the ten analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $19.78.
Several research firms recently commented on NAPA. Wedbush began coverage on shares of Duckhorn Portfolio in a research report on Monday, October 10th. They set an "outperform" rating and a $18.00 price target on the stock. Jefferies Financial Group dropped their price target on shares of Duckhorn Portfolio from $23.00 to $21.00 in a research report on Thursday, September 29th. Barclays raised their price target on shares of Duckhorn Portfolio from $18.00 to $19.00 and gave the company an "equal weight" rating in a research report on Monday, December 12th. Bank of America reiterated a "buy" rating and issued a $18.00 target price (down previously from $24.00) on shares of Duckhorn Portfolio in a research report on Thursday, September 22nd. Finally, TheStreet upgraded shares of Duckhorn Portfolio from a "d+" rating to a "c-" rating in a research report on Thursday, December 22nd.
Get Duckhorn Portfolio alerts:Duckhorn Portfolio Stock Down 1.1 %
NYSE:NAPA opened at $16.39 on Wednesday. The firm has a market capitalization of $1.89 billion, a P/E ratio of 31.52, a PEG ratio of 4.93 and a beta of 0.22. Duckhorn Portfolio has a 1-year low of $12.64 and a 1-year high of $23.57. The company's fifty day moving average price is $15.54 and its 200-day moving average price is $17.05. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.88 and a quick ratio of 0.59.
Duckhorn Portfolio (NYSE:NAPA – Get Rating) last released its quarterly 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 for the quarter, compared to analyst estimates of $77.88 million. Duckhorn Portfolio had a net margin of 15.60% and a return on equity of 7.45%. As a group, equities research analysts anticipate that Duckhorn Portfolio will post 0.55 EPS for the current year.Hedge Funds Weigh In On Duckhorn Portfolio
Several hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James & Associates lifted its stake in shares of Duckhorn Portfolio by 2.5% in the first quarter. Raymond James & Associates now owns 25,384 shares of the company's stock worth $462,000 after buying an additional 626 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its stake in shares of Duckhorn Portfolio by 1.2% in the first quarter. Oppenheimer Asset Management Inc. now owns 56,293 shares of the company's stock worth $1,024,000 after buying an additional 666 shares in the last quarter. Brown Advisory Inc. lifted its stake in shares of Duckhorn Portfolio by 6.5% in the second quarter. Brown Advisory Inc. now owns 11,152 shares of the company's stock worth $235,000 after buying an additional 679 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake 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 worth $55,000 after buying an additional 1,264 shares in the last quarter. Finally, Credit Suisse AG lifted its stake in shares of Duckhorn Portfolio by 5.0% in the third quarter. Credit Suisse AG now owns 29,470 shares of the company's stock worth $425,000 after buying an additional 1,409 shares in the last quarter. 97.75% of the stock is owned by hedge funds and other 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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