Important Rating: Robert W. Baird Says Its Time To Downgrade Duluth Trading Co (DLTH)

November 30, 2016 - By Marguerite Chambers

Important Rating:  Robert W. Baird Says Its Time To Downgrade Duluth Trading Co (DLTH)

Duluth Trading Co (DLTH) Downgrade

In a research note revealed to clients today, Robert W. Baird decreased shares of Duluth Trading Co (DLTH) to Neutral rating from Outperform rating. The firm currently has a $39.0 PT on the stock. Robert W. Baird’s PT gives a potential upside of 11.43% from the stock’s close price.

Duluth Holdings Inc (NASDAQ:DLTH) Ratings Coverage

Out of 3 analysts covering Duluth Trading Co (DLTH), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $35.0 is the highest target while $20.0 is the lowest. The $28.33 average target is -19.06% below today’s ($35) stock price. Duluth Trading Co has been the topic of 3 analyst reports since December 15, 2015 according to StockzIntelligence Inc. On Tuesday, December 15 the stock rating was initiated by Robert W. Baird with “Outperform”. The firm earned “Buy” rating on Friday, September 2 by Stifel Nicolaus. Wunderlich initiated the stock with “Buy” rating in Tuesday, August 2 report.

The stock decreased 7.01% or $2.64 during the last trading session, hitting $35. Duluth Holdings Inc (DLTH) has risen 43.09% since April 27, 2016 and is uptrending. It has outperformed by 37.86% the S&P500.

Analysts await Duluth Holdings Inc (NASDAQ:DLTH) to report earnings on December, 8 after the close.

Duluth Holdings Inc. is a lifestyle brand of men’s and women’s casual wear, workwear and accessories sold through the Company’s own direct and retail channels. The company has a market cap of $1.21 billion. The Firm operates through two divisions: direct and retail. It has a 41.64 P/E ratio. The Company’s product assortment includes shirts, pants, underwear, outerwear, footwear, accessories and hard goods.

According to Zacks Investment Research, “Duluth Holdings Inc. provides casual wear, workwear and accessories for men and women. The company markets its products under trademarks, trade names and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Buck Naked, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Company, Duluthflex, Fire Hose, Longtail T, No Polo Shirt and Wild Boar Mocs. Duluth Holdings Inc. is headquartered in Belleville, Wisconsin.”

DLTH Company Profile

Duluth Holdings Inc., incorporated on October 29, 1986, is a lifestyle brand of men’s and women’s casual wear, workwear and accessories sold through the Company’s own direct and retail channels. The Firm operates through two divisions: direct and retail. The Company’s product assortment includes shirts, pants, underwear, outerwear, footwear, accessories and hard goods. The Firm offers a range of products, such as its Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Firm offers products under its Duluth Trading brand name. The Firm also offers Duluthflex Ballroom jeans. The Firm owns and operates a distribution center in Belleville, Wisconsin, which is approximately 115,000 square feet of production and warehouse space.

More important recent Duluth Holdings Inc (NASDAQ:DLTH) news were published by: Marketwatch.com which released: “Duluth Holdings started at buy with $28 stock price target at Stifel Nicolaus” on October 11, 2015, also Globenewswire.com published article titled: “Duluth Holdings Inc. to Report Second Quarter 2016 Financial Results on …”, Globenewswire.com published: “Duluth Holdings Inc. Celebrates Grand Opening of King of Prussia, Pennsylvania …” on October 21, 2016. More interesting news about Duluth Holdings Inc (NASDAQ:DLTH) was released by: Globenewswire.com and their article: “Duluth Holdings Inc. Announces First Quarter Financial Results” with publication date: June 07, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>