Brokers Offer Predictions for The Duckhorn Portfolio, Inc.’s Q4 2024 Earnings (NYSE:NAPA)

The Duckhorn Portfolio, Inc. (NYSE:NAPA) – Research analysts at Wedbush upped their Q4 2024 EPS estimates for shares of Duckhorn Portfolio in a report released on Wednesday, May 1st. Wedbush analyst G. Pascarelli now expects that the company will post earnings per share of $0.13 for the quarter, up from their prior forecast of $0.12. Wedbush currently has a “Outperform” rating and a $10.00 price target on the stock. The consensus estimate for Duckhorn Portfolio’s current full-year earnings is $0.56 per share. Wedbush also issued estimates for Duckhorn Portfolio’s Q1 2025 earnings at $0.16 EPS, Q2 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.16 EPS and FY2025 earnings at $0.64 EPS.

A number of other research analysts have also issued reports on the company. TheStreet raised Duckhorn Portfolio from a “d” rating to a “c” rating in a report on Monday, March 18th. Barclays cut Duckhorn Portfolio from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $11.00 to $8.00 in a report on Thursday, April 18th. Finally, Bank of America lowered Duckhorn Portfolio from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $11.00 to $8.00 in a report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $12.31.

Duckhorn Portfolio Price Performance

Shares of NYSE NAPA opened at $7.86 on Monday. The stock has a market cap of $906.54 million, a P/E ratio of 13.78, a P/E/G ratio of 7.24 and a beta of 0.28. The stock has a 50 day moving average of $8.85 and a two-hundred day moving average of $9.41. The company has a current ratio of 6.85, a quick ratio of 1.13 and a debt-to-equity ratio of 0.28. Duckhorn Portfolio has a twelve month low of $7.49 and a twelve month high of $14.73.

Duckhorn Portfolio (NYSE:NAPA) last posted its earnings results on Thursday, March 7th. The company reported $0.17 earnings per share for the quarter, meeting the consensus estimate 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 in the previous year, the business earned $0.17 EPS.

Insider Transactions at Duckhorn Portfolio

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

Hedge Funds Weigh In On Duckhorn Portfolio

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Duckhorn Portfolio by 5.8% during the third quarter. Vanguard Group Inc. now owns 4,855,487 shares of the company’s stock valued at $49,817,000 after buying an additional 264,257 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Duckhorn Portfolio by 9.7% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,751,059 shares of the company’s stock valued at $36,948,000 after acquiring an additional 332,292 shares during the period. Dimensional Fund Advisors LP raised its stake in Duckhorn Portfolio by 7.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,577,702 shares of the company’s stock valued at $35,241,000 after acquiring an additional 254,641 shares in the last quarter. Westwood Holdings Group Inc. boosted its position in Duckhorn Portfolio by 32.5% during the 4th quarter. Westwood Holdings Group Inc. now owns 3,368,871 shares of the company’s stock worth $33,183,000 after acquiring an additional 825,730 shares during the period. Finally, FMR LLC grew its stake in shares of Duckhorn Portfolio by 215.2% in the third quarter. FMR LLC now owns 2,458,073 shares of the company’s stock worth $25,220,000 after purchasing an additional 1,678,271 shares in 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.