The Duckhorn Portfolio, Inc. (NYSE:NAPA) received an average rating of “Moderate Buy” from brokers.
The Duckhorn Portfolio, Inc. (NYSE:NAPA – Get Rating) shares have received a consensus Moderate Buy rating from the 10 analysts currently covering the company, reports MarketBeat Ratings. One equities analyst has rated the stock with a hold recommendation and five have issued a buy recommendation for the company. The average 12-month target price among brokers who have issued reports on the stock in the last year is $19.75.
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A number of analysts have covered NAPA stocks. Barclays upgraded shares of Duckhorn Portfolio from an “equal weight” rating to an “overweight” rating in a research note on Thursday. Citigroup raised its target price on Duckhorn Portfolio shares to $20.00 in a report on Monday, December 12. TheStreet upgraded shares of Duckhorn Portfolio from a “d+” rating to a “c-” rating in a report on Thursday, December 22nd. Finally, in a report Thursday, JPMorgan Chase & Co. raised its target price on shares of Duckhorn Portfolio to $18.00 from $17.00 and gave the stock a “neutral” rating.
Price development of the Duckhorn portfolio
Shares of NAPA stock opened at $15.43 on Monday. Duckhorn Portfolio has a 12-month low of $12.64 and a 12-month high of $22.29. The company has a quick ratio of 0.59, a current ratio of 5.18 and a debt to equity ratio of 0.24. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 31.49, a price-to-earnings-to-growth ratio of 4.59 and a beta of 0.17. The company has a 50-day moving average of $15.80 and a 200-day moving average of $15.77.
Duckhorn Portfolio (NYSE:NAPA – Get Rating) last announced its quarterly results on Wednesday, March 8th. The company reported $0.17 per share for the quarter, beating analysts’ consensus estimate of $0.15 by $0.02. The company posted revenue of $103.49 million for the quarter, compared to analysts’ expectations of $102.46 million. Duckhorn Portfolio had a net margin of 14.61% and a return on equity of 7.50%. In the same quarter last year, the company posted earnings per share of $0.16. On average, equity analysts are forecasting that Duckhorn Portfolio will report earnings per share of 0.55 for the year to date.
Institutional trading on the Duckhorn portfolio
A number of institutional investors recently added to or reduced their holdings in the stock. Voya Investment Management LLC increased its holding in Duckhorn Portfolio by 44.9% in the fourth quarter. Voya Investment Management LLC now owns 20,642 shares of the company’s stock valued at $342,000 after purchasing an additional 6,396 shares last quarter. Chilton Investment Co. Inc. bought a new position in Duckhorn Portfolio valued at approximately $4,032,000 during the fourth quarter. Lazard Asset Management LLC increased its position in Duckhorn Portfolio shares by 45.7% during the fourth quarter. Lazard Asset Management LLC now owns 6,970 shares of the company’s stock valued at $115,000 after purchasing an additional 2,185 shares last quarter. 1832 Asset Management LP acquired a new interest in shares of Duckhorn Portfolio valued at approximately $10,688,000 during the fourth quarter. Finally, Mcmorgan & Co. LLC acquired a new interest in shares of Duckhorn Portfolio valued at approximately $1,651,000 during the fourth quarter. Hedge funds and other institutional investors own 97.75% of the company’s shares.
Duckhorn Portfolio company profile
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 customers and consumers.
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