The Duckhorn Portfolio, Inc. (NYSE:NAPA) Given Consensus Rating of “Hold” by Analysts

Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) have earned a consensus rating of “Hold” from the seven analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $10.01.

Several research firms have recently commented on NAPA. Royal Bank of Canada downgraded shares of Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from $11.00 to $11.10 in a report on Friday, October 11th. Jefferies Financial Group cut shares of Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 price target on the stock. in a research note on Friday, December 6th. Finally, Barclays raised their price objective on Duckhorn Portfolio from $6.00 to $11.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th.

Institutional Trading of Duckhorn Portfolio

Hedge funds have recently made changes to their positions in the business. DekaBank Deutsche Girozentrale purchased a new position in Duckhorn Portfolio in the third quarter worth about $31,000. Barnett & Company Inc. bought a new position in shares of Duckhorn Portfolio during the 3rd quarter valued at approximately $73,000. CTC Alternative Strategies Ltd. purchased a new stake in Duckhorn Portfolio during the 3rd quarter valued at $74,000. Simon Quick Advisors LLC bought a new stake in Duckhorn Portfolio in the second quarter worth $85,000. Finally, Intech Investment Management LLC purchased a new position in Duckhorn Portfolio during the third quarter worth $86,000.

Duckhorn Portfolio Trading Down 0.2 %

Shares of Duckhorn Portfolio stock opened at $11.09 on Wednesday. Duckhorn Portfolio has a fifty-two week low of $5.38 and a fifty-two week high of $11.11. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.61 and a current ratio of 3.73. The company has a market capitalization of $1.63 billion, a P/E ratio of 26.40, a P/E/G ratio of 11.35 and a beta of 0.03. The company has a fifty day moving average of $11.02 and a 200 day moving average of $8.39.

Duckhorn Portfolio (NYSE:NAPA) last released its earnings results on Monday, October 7th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.04. Duckhorn Portfolio had a return on equity of 6.30% and a net margin of 12.12%. The firm had revenue of $107.40 million during the quarter, compared to analysts’ expectations of $104.76 million. During the same quarter last year, the business posted $0.14 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. On average, sell-side analysts anticipate that Duckhorn Portfolio will post 0.6 earnings per share for the current fiscal year.

Duckhorn Portfolio Company Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.