Is it time to Buy before this week’s earning report Duluth Stock Forecast, Price & News (NASDAQ:DLTH)

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Earnings results for Duluth Stock Forecast, Price & News (NASDAQ:DLTH)

Duluth Holdings Inc. is expected* to report earnings on 09/03/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.05. The reported EPS for the same quarter last year was $0.06.

Duluth last announced its earnings results on June 4th, 2020. The reported ($0.42) earnings per share for the quarter, beating the consensus estimate of ($0.43) by $0.01. The business had revenue of $109.92 million for the quarter, compared to the consensus estimate of $90.27 million. Duluth has generated $0.58 earnings per share over the last year and currently has a price-to-earnings ratio of 29.9. Duluth has confirmed that its next quarterly earnings report will be published on Thursday, September 3rd, 2020.

Analyst Opinion on Duluth Stock Forecast, Price & News (NASDAQ:DLTH)

2 Wall Street analysts have issued ratings and price targets for Duluth in the last 12 months. Their average twelve-month price target is $5.50, predicting that the stock has a possible downside of 47.47%. The high price target for DLTH is $6.00 and the low price target for DLTH is $5.00. There are currently 2 hold ratings for the stock, resulting in a consensus rating of “Hold.”

Duluth has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $5.50, Duluth has a forecasted downside of 47.5% from its current price of $10.47. Duluth has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Duluth Stock Forecast, Price & News (NASDAQ:DLTH)

Duluth does not currently pay a dividend. Duluth does not have a long track record of dividend growth.

Insiders buying/selling: Duluth Stock Forecast, Price & News (NASDAQ:DLTH)

In the past three months, Duluth insiders have not sold or bought any company stock. 39.99% of the stock of Duluth is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 24.74% of the stock of Duluth is held by institutions.

Earnings and Valuation of Duluth Stock Forecast, Price & News (NASDAQ:DLTH

Earnings for Duluth are expected to grow by 26.32% in the coming year, from $0.38 to $0.48 per share. The P/E ratio of Duluth is 29.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.18. The P/E ratio of Duluth is 29.92, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 64.08. Duluth has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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