The Duckhorn Portfolio, Inc. (NYSE:NAPA) Receives Average Rating of “Hold” from Analysts

Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) have earned an average recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $10.01.

NAPA has been the topic of several recent research reports. Barclays boosted their price target on Duckhorn Portfolio from $6.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Jefferies Financial Group lowered Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 price target on the stock. in a research report on Friday, December 6th. Finally, Royal Bank of Canada lowered Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $11.00 to $11.10 in a research report on Friday, October 11th.

Institutional Investors Weigh In On Duckhorn Portfolio

Several hedge funds and other institutional investors have recently bought and sold shares of NAPA. Atom Investors LP purchased a new stake in Duckhorn Portfolio during the 3rd quarter worth approximately $2,327,000. Marshall Wace LLP purchased a new stake in Duckhorn Portfolio during the 2nd quarter worth approximately $2,519,000. Verition Fund Management LLC increased its holdings in Duckhorn Portfolio by 21.9% during the 3rd quarter. Verition Fund Management LLC now owns 1,478,234 shares of the company’s stock worth $8,589,000 after purchasing an additional 265,255 shares during the last quarter. Raymond James & Associates bought a new stake in shares of Duckhorn Portfolio in the 2nd quarter valued at approximately $1,466,000. Finally, River Road Asset Management LLC increased its holdings in shares of Duckhorn Portfolio by 6.1% in the 3rd quarter. River Road Asset Management LLC now owns 3,312,046 shares of the company’s stock valued at $19,243,000 after acquiring an additional 190,498 shares during the last quarter.

Duckhorn Portfolio Stock Performance

NYSE NAPA opened at $11.09 on Wednesday. The firm has a market capitalization of $1.63 billion, a P/E ratio of 26.39, a P/E/G ratio of 11.35 and a beta of 0.03. Duckhorn Portfolio has a 1-year low of $5.38 and a 1-year high of $11.10. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.73 and a quick ratio of 0.61. The business’s 50-day simple moving average is $11.01 and its 200-day simple moving average is $8.30.

Duckhorn Portfolio (NYSE:NAPA) last released its quarterly earnings data on Monday, October 7th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.04. The business had revenue of $107.40 million for the quarter, compared to analyst estimates of $104.76 million. Duckhorn Portfolio had a return on equity of 6.30% and a net margin of 12.12%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.14 EPS. Equities analysts predict that Duckhorn Portfolio will post 0.6 EPS for the current 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.