Duluth Holdings Inc. (NASDAQ:DLTH) traded at $12.98 at last check on Friday, Nov 20, making a downturn move of -2.48% on its previous day’s price.
Looking at the stock we see that its previous close was $13.31 and the beta (5Y monthly) reads 0.91 with the day’s price range being $12.64 – 13.43. The company has a 12-month trailing PE ratio of 27.68. In terms of its 52-week price range, DLTH has a high of $17.3 and a low of $2.82. The company’s stock has gained about -19.83% over that past 30 days.
Duluth has a market cap of $443.53 Million and is expected to release its quarterly earnings report on December 03, 2020. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the DLTH stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.02, with the EPS growth for the year declined at $0.51 for 2020 and $0.77 for next year. These figures represent -0.12% and at 0.51% growth in EPS for the two years respectively.
On the other hand, looking at the outlook for the DLTH stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 3 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Duluth Holdings Inc. (DLTH) stock as a Hold, while none rate it as a Buy. 1 analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the DLTH stock currently stands at 1.11, and the current price level is -15.21% off its SMA20 and -8.68% from its 50-day simple moving average. The RSI (14) is pointing at 35.27 while the volatility over the past week is 7.63% and drops to 7.05% over the past one month. The beta value is 0.91, while the average true range (ATR) is currently pointing at 1.06. The average price target for the stock over the next 12 months is $17, with the estimates having a low of $12 and a high of $22. These price ends are -7.55% and +69.49% off the current price level respectively, although investors could be excited at the prospect of a +30.97% if the DLTH share price touches on the median price of $17.
Let’s briefly compare Duluth (DLTH) stock to its peers. We find that today’s price change of -2.48% and +46.67% over the past 12 months for DLTH competes that of Lululemon Athletica (LULU), which has seen its stock price rise 0.33% in the latest trading session and is +59.52% over the last one year. Another of its peers V.F. Corp (VFC) has dropped -0.11% today, and is +0.08% up over the past year, while Under Armour (UAA) is also down -2.48% yet its price remains in the green at 46.67% over the same period. Lululemon has a P/E ratio of 83.88 compared to Duluth’s 27.68 and V.F.’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to Duluth Holdings Inc. (NASDAQ:DLTH), we note that the average 3-month trading volume was 344.81 Million, while that of the preceding 10-day period stands at 334.84 Million. Current shares outstanding are 29.45 Million.
According to data from Thomson Reuters, insiders hold 34.44% of the company’s shares while institutions hold 29.37%. The data shows that short shares as of October 29, 2020, stood at 2.42 Million at a short ratio of 8.23. This represents a 7.38% Short interest in Shares outstanding on October 29, 2020. Shares short rose in October from the previous month at 2.22 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +23.27% up in year-to-date price movement.