Duckhorn Portfolio Inc [NAPA] stock prices are down -0.33% to $9.07 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NAPA shares have lost -1.09% over the last week, with a monthly amount drifted -3.82%, and not seem to be holding up well over a long-time horizon.
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On 7, March 2024, The Duckhorn Portfolio Announces Fiscal Second Quarter 2024 Financial Results. In a post published today on Yahoo Finance, Net Sales of $103.0 million, approximately flat year over year.
From an analyst’s perspective:
Duckhorn Portfolio Inc [NYSE: NAPA] stock has seen the most recent analyst activity on February 13, 2024, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $8 from $11. Previously, BofA Securities downgraded its rating to Neutral on December 07, 2023, and dropped its price target to $11. On November 13, 2023, Jefferies initiated with a Buy rating and assigned a price target of $13 on the stock. BMO Capital Markets started tracking the stock assigning a Market Perform rating and suggested a price target of $14 on September 05, 2023. Barclays upgraded its rating to a Overweight. Wedbush started tracking with a Outperform rating for this stock on October 11, 2022, and assigned it a price target of $18. In a note dated September 15, 2022, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $24 to $19.
The stock price of Duckhorn Portfolio Inc [NAPA] has been fluctuating between $8.34 and $15.37 over the past year. Currently, Wall Street analysts expect the stock to reach $19.33 within the next 12 months. Duckhorn Portfolio Inc [NYSE: NAPA] shares were valued at $9.07 at the most recent close of the market. An investor can expect a potential return of 113.12% based on the average NAPA price forecast.
Analyzing the NAPA fundamentals
The Duckhorn Portfolio Inc [NYSE:NAPA] reported sales of 396.89M for trailing twelve months, representing a drop of -0.43%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.07 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.99 points at the first support level, and at 8.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.19, and for the 2nd resistance point, it is at 9.31.
Duckhorn Portfolio Inc [NAPA] reported earnings per share of $0.18 for its fiscal quarter that ended on 1/30/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.18/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 10/30/2023 were $0.15 per share as compared to estimates of $0.16 per share, a difference of -$0.01 representing a surprise of -6.30%.
Ratios To Look Out For
It’s worth pointing out that Duckhorn Portfolio Inc [NYSE:NAPA]’s Current Ratio is 6.85. On the other hand, the Quick Ratio is 1.13, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 2.64, the price to book ratio is 1.07 and price to earnings (TTM) ratio is 15.87.
Transactions by insiders
Recent insider trading involved Mahlan Deirdre,, that happened on Mar 28 ’24 when 29681.0 shares were sold., Sullivan Sean B.A. completed a deal on Jan 16 ’24 to sell 9700.0 shares. Meanwhile, Sullivan Sean B.A. sold 5300.0 shares on Jan 12 ’24.
