The Duckhorn Portfolio, Inc. (NYSE:NAPA – Get Rating) insider Alex Ryan sold 25,942 shares of the firm’s stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $21.88, for a total transaction of $567,610.96. Following the completion of the transaction, the insider now directly owns 1,568,901 shares in the company, valued at approximately $34,327,553.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Duckhorn Portfolio stock traded up $0.17 during mid-day trading on Monday, hitting $21.00. The company’s stock had a trading volume of 381,835 shares, compared to its average volume of 317,876. The company has a quick ratio of 1.02, a current ratio of 6.24 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $2.42 billion, a P/E ratio of 38.89, a P/E/G ratio of 3.41 and a beta of 0.16. The Duckhorn Portfolio, Inc. has a twelve month low of $17.20 and a twelve month high of $25.25. The stock’s fifty day moving average price is $19.25 and its two-hundred day moving average price is $19.78.
Duckhorn Portfolio (NYSE:NAPA – Get Rating) last posted its quarterly earnings results on Thursday, June 2nd. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. Duckhorn Portfolio had a net margin of 17.02% and a return on equity of 8.06%. During the same period last year, the business earned $0.09 EPS. Equities analysts expect that The Duckhorn Portfolio, Inc. will post 0.54 earnings per share for the current year.
A number of research firms have recently weighed in on NAPA. Zacks Investment Research cut Duckhorn Portfolio from a “buy” rating to a “hold” rating in a report on Thursday, May 12th. Royal Bank of Canada raised Duckhorn Portfolio from a “sector perform” rating to an “outperform” rating and set a $23.00 target price on the stock in a report on Monday, March 28th. Evercore ISI assumed coverage on Duckhorn Portfolio in a report on Monday, March 14th. They set a “buy” rating and a $26.00 target price on the stock. Finally, Barclays boosted their target price on Duckhorn Portfolio from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Monday. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $24.22.
About Duckhorn Portfolio (Get Rating)
The Duckhorn Portfolio, Inc produces and sells wines in North America. It offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Kosta Browne, Goldeneye, Paraduxx, Calera, Migration, Canvasback, Greenwing, and Postmark. The company sells wines to distributors, and directly to retail accounts and consumers.
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