The Duckhorn Portfolio, Inc. (NYSE:NAPA) Receives $10.01 Average Price Target from Analysts

The Duckhorn Portfolio, Inc. (NYSE:NAPA) has been given a consensus recommendation of “Hold” by the seven ratings firms that are covering the stock, Marketbeat Ratings 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 price objective among analysts that have issued ratings on the stock in the last year is $10.01.

Several equities analysts have recently weighed in on NAPA shares. Barclays lifted their price objective on Duckhorn Portfolio from $6.00 to $11.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Jefferies Financial Group lowered 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, Royal Bank of Canada cut shares of Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and upped their price target for the company from $11.00 to $11.10 in a report on Friday, October 11th.

Institutional Trading of Duckhorn Portfolio

A number of hedge funds and other institutional investors have recently made changes to their positions in NAPA. DekaBank Deutsche Girozentrale bought a new position in Duckhorn Portfolio in the third quarter valued at $31,000. Simon Quick Advisors LLC bought a new position in shares of Duckhorn Portfolio in the 2nd quarter valued at about $85,000. Barnett & Company Inc. bought a new position in shares of Duckhorn Portfolio in the 3rd quarter valued at about $73,000. CTC Alternative Strategies Ltd. acquired a new stake in shares of Duckhorn Portfolio in the third quarter valued at about $74,000. Finally, Canada Pension Plan Investment Board bought a new stake in Duckhorn Portfolio during the second quarter worth about $101,000.

Duckhorn Portfolio Stock Performance

Shares of NAPA stock opened at $11.11 on Wednesday. The stock has a market cap of $1.64 billion, a PE ratio of 26.45, a price-to-earnings-growth ratio of 11.35 and a beta of 0.03. The stock has a 50-day moving average of $11.02 and a 200-day moving average of $8.36. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.73 and a quick ratio of 0.61. Duckhorn Portfolio has a one year low of $5.38 and a one year high of $11.11.

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