Analysts Set The Duckhorn Portfolio, Inc. (NYSE:NAPA) Target Price at $10.01

The Duckhorn Portfolio, Inc. (NYSE:NAPA - Get Free Report) has earned a consensus recommendation of "Hold" from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $10.01.

A number of equities analysts recently commented on the stock. Jefferies Financial Group cut shares of Duckhorn Portfolio from a "buy" rating to a "hold" rating and set a $11.00 target price on the stock. in a research report on Friday, December 6th. Barclays boosted their target price 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. Finally, Royal Bank of Canada cut Duckhorn Portfolio from an "outperform" rating to a "sector perform" rating and lifted their price target for the stock from $11.00 to $11.10 in a research note on Friday, October 11th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Massachusetts Financial Services Co. MA boosted its stake in Duckhorn Portfolio by 2.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 3,831,391 shares of the company's stock worth $27,203,000 after acquiring an additional 98,038 shares in the last quarter. Westwood Holdings Group Inc. boosted its position in shares of Duckhorn Portfolio by 4.0% in the 2nd quarter. Westwood Holdings Group Inc. now owns 3,663,304 shares of the company's stock worth $26,009,000 after purchasing an additional 140,113 shares in the last quarter. River Road Asset Management LLC grew its stake 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 worth $19,243,000 after buying an additional 190,498 shares during the last quarter. Verition Fund Management LLC raised its stake in Duckhorn Portfolio by 21.9% during the third quarter. Verition Fund Management LLC now owns 1,478,234 shares of the company's stock valued at $8,589,000 after buying an additional 265,255 shares during the last quarter. Finally, State Street Corp boosted its holdings in Duckhorn Portfolio by 0.9% in the third quarter. State Street Corp now owns 1,132,720 shares of the company's stock worth $6,581,000 after acquiring an additional 10,122 shares in the last quarter.

Duckhorn Portfolio Price Performance

Shares of NYSE NAPA traded down $0.01 during mid-day trading on Wednesday, reaching $11.08. 1,097,236 shares of the company were exchanged, compared to its average volume of 1,418,614. Duckhorn Portfolio has a 52 week low of $5.38 and a 52 week high of $11.10. The company's 50 day moving average price is $11.01 and its 200 day moving average price is $8.32. The stock has a market capitalization of $1.63 billion, a PE ratio of 26.38, a PEG ratio of 11.35 and a beta of 0.03. The company has a quick ratio of 0.61, a current ratio of 3.73 and a debt-to-equity ratio of 0.22.

Duckhorn Portfolio (NYSE:NAPA - Get Free Report) last issued its quarterly earnings results on Monday, October 7th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.04. The firm had revenue of $107.40 million during 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 quarter in the previous year, the company posted $0.14 earnings per share. Sell-side analysts forecast that Duckhorn Portfolio will post 0.6 earnings per share 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.