Brokerages Set The Duckhorn Portfolio, Inc. (NYSE:NAPA) Price Target at $10.30

Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA - Get Free Report) have been given a consensus rating of "Hold" by the seven ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $10.30.

Several equities analysts have recently issued reports on the company. Barclays lifted their price objective on Duckhorn Portfolio from $6.00 to $11.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 8th. Royal Bank of Canada cut shares of 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 report on Friday, October 11th.

Hedge Funds Weigh In On Duckhorn Portfolio

Hedge funds have recently made changes to their positions in the company. DekaBank Deutsche Girozentrale acquired a new stake in shares of Duckhorn Portfolio in the 3rd quarter valued at about $31,000. Simon Quick Advisors LLC purchased a new position in shares of Duckhorn Portfolio during the second quarter worth approximately $85,000. ZWJ Investment Counsel Inc. acquired a new position in shares of Duckhorn Portfolio in the 3rd quarter valued at $88,000. Ballentine Partners LLC purchased a new stake in Duckhorn Portfolio in the 3rd quarter valued at $89,000. Finally, nVerses Capital LLC boosted its stake in Duckhorn Portfolio by 458.6% during the 3rd quarter. nVerses Capital LLC now owns 16,200 shares of the company's stock worth $94,000 after purchasing an additional 13,300 shares during the period.

Duckhorn Portfolio Trading Up 0.1 %

Shares of NAPA traded up $0.01 during midday trading on Tuesday, hitting $10.97. 1,337,814 shares of the stock were exchanged, compared to its average volume of 1,433,062. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.33 and a current ratio of 8.05. The firm has a market cap of $1.61 billion, a P/E ratio of 23.34, a P/E/G ratio of 9.44 and a beta of 0.21. Duckhorn Portfolio has a 52-week low of $5.38 and a 52-week high of $11.08. The stock has a fifty day simple moving average of $7.59 and a 200 day simple moving average of $7.56.

Duckhorn Portfolio (NYSE:NAPA - Get Free Report) last issued its quarterly 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 company had revenue of $107.40 million during the quarter, compared to analysts' expectations of $104.76 million. Duckhorn Portfolio had a net margin of 13.81% and a return on equity of 6.24%. The firm's revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS. On average, research analysts anticipate that Duckhorn Portfolio will post 0.6 EPS 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.