The Duckhorn Portfolio, Inc. (NYSE:NAPA) Given Consensus Rating of “Moderate Buy” by Analysts

The Duckhorn Portfolio, Inc. (NYSE:NAPA) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $13.56.

A number of brokerages have recently commented on NAPA. TheStreet raised Duckhorn Portfolio from a “d” rating to a “c” rating in a research report on Monday, March 18th. Bank of America downgraded Duckhorn Portfolio from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $11.00 to $8.00 in a report on Tuesday, February 13th.

Duckhorn Portfolio Price Performance

Shares of NAPA opened at $8.23 on Tuesday. Duckhorn Portfolio has a 52-week low of $8.08 and a 52-week high of $15.37. The company has a market capitalization of $949.25 million, a PE ratio of 14.43, a price-to-earnings-growth ratio of 7.19 and a beta of 0.25. The stock has a fifty day simple moving average of $9.09 and a two-hundred day simple moving average of $9.58. The company has a quick ratio of 1.13, a current ratio of 6.85 and a debt-to-equity ratio of 0.28.

Duckhorn Portfolio (NYSE:NAPA) last issued its earnings results on Thursday, March 7th. The company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. The business had revenue of $103.05 million during the quarter, compared to the consensus estimate of $106.38 million. Duckhorn Portfolio had a return on equity of 7.27% and a net margin of 16.62%. During the same period last year, the company earned $0.17 EPS. As a group, equities analysts forecast that Duckhorn Portfolio will post 0.59 EPS for the current year.

Insider Transactions at Duckhorn Portfolio

In other Duckhorn Portfolio news, insider Sean B.A. Sullivan sold 25,000 shares of the stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $8.99, for a total value of $224,750.00. Following the completion of the transaction, the insider now owns 125,326 shares in the company, valued at $1,126,680.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Duckhorn Portfolio news, insider Deirdre Mahlan sold 29,681 shares of the company’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $9.23, for a total value of $273,955.63. Following the sale, the insider now owns 104,590 shares of the company’s stock, valued at $965,365.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Sean B.A. Sullivan sold 25,000 shares of the company’s stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $8.99, for a total value of $224,750.00. Following the completion of the sale, the insider now directly owns 125,326 shares in the company, valued at approximately $1,126,680.74. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Duckhorn Portfolio

A number of large investors have recently made changes to their positions in the stock. Raymond James & Associates boosted its stake in shares of Duckhorn Portfolio by 2.5% during the first quarter. Raymond James & Associates now owns 25,384 shares of the company’s stock valued at $462,000 after acquiring an additional 626 shares during the last quarter. MetLife Investment Management LLC boosted its stake in shares of Duckhorn Portfolio by 4.7% during the second quarter. MetLife Investment Management LLC now owns 22,283 shares of the company’s stock valued at $289,000 after acquiring an additional 1,008 shares during the last quarter. AdvisorShares Investments LLC boosted its stake in shares of Duckhorn Portfolio by 10.5% during the third quarter. AdvisorShares Investments LLC now owns 11,998 shares of the company’s stock valued at $123,000 after acquiring an additional 1,137 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in shares of Duckhorn Portfolio by 1.1% during the fourth quarter. Nuveen Asset Management LLC now owns 104,557 shares of the company’s stock valued at $1,030,000 after acquiring an additional 1,164 shares during the last quarter. Finally, Swiss National Bank boosted its stake in shares of Duckhorn Portfolio by 1.1% during the third quarter. Swiss National Bank now owns 114,000 shares of the company’s stock valued at $1,170,000 after acquiring an additional 1,200 shares during the last quarter.

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.