The Duckhorn Portfolio, Inc. (NYSE:NAPA) Given Consensus Recommendation of "Hold" by Analysts

The Duckhorn Portfolio, Inc. (NYSE:NAPA - Get Free Report) has been given an average recommendation of "Hold" by the six brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $9.85.

Several brokerages recently issued reports on NAPA. Royal Bank of Canada lowered Duckhorn Portfolio from an "outperform" rating to a "sector perform" rating and upped their target price for the company from $11.00 to $11.10 in a research report on Friday, October 11th. Barclays increased their price objective on shares of Duckhorn Portfolio from $6.00 to $11.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 8th.

Institutional Investors Weigh In On Duckhorn Portfolio

Large investors have recently bought and sold shares of the company. Sei Investments Co. acquired a new position in Duckhorn Portfolio during the first quarter valued at $468,000. Vanguard Group Inc. boosted its stake in shares of Duckhorn Portfolio by 3.7% in the first quarter. Vanguard Group Inc. now owns 5,274,221 shares of the company's stock worth $49,103,000 after buying an additional 190,083 shares during the last quarter. Bessemer Group Inc. grew its holdings in Duckhorn Portfolio by 8.7% during the first quarter. Bessemer Group Inc. now owns 18,750 shares of the company's stock worth $175,000 after acquiring an additional 1,505 shares during the period. American International Group Inc. raised its position in Duckhorn Portfolio by 20.5% during the first quarter. American International Group Inc. now owns 26,298 shares of the company's stock valued at $245,000 after acquiring an additional 4,467 shares in the last quarter. Finally, Keeley Teton Advisors LLC acquired a new position in Duckhorn Portfolio in the first quarter valued at approximately $317,000.

Duckhorn Portfolio Stock Down 0.5 %

Shares of Duckhorn Portfolio stock traded down $0.06 on Friday, reaching $10.99. The stock had a trading volume of 5,331,121 shares, compared to its average volume of 1,120,487. The company has a quick ratio of 1.33, a current ratio of 8.05 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $1.62 billion, a P/E ratio of 23.38, a P/E/G ratio of 9.52 and a beta of 0.02. The company has a 50 day moving average price of $9.40 and a 200 day moving average price of $7.94. Duckhorn Portfolio has a 1 year low of $5.38 and a 1 year high of $11.10.

Duckhorn Portfolio (NYSE:NAPA - Get Free Report) last released 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. Duckhorn Portfolio had a net margin of 13.81% and a return on equity of 6.24%. The business had revenue of $107.40 million for the quarter, compared to analyst estimates of $104.76 million. During the same period in the previous year, the company earned $0.14 earnings per share. The business's revenue for the quarter was up 7.3% on a year-over-year basis. As a group, equities research analysts forecast that Duckhorn Portfolio will post 0.6 EPS for the current year.

About Duckhorn Portfolio

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.