In yesterday’s Wall Street session, Duckhorn Portfolio Inc (NYSE:NAPA) shares traded at $10.96, up 0.09% from the previous session.
NAPA stock price is now 70.66% away from the 50-day moving average and 37.95% away from the 200-day moving average. The market capitalization of the company currently stands at $1.61B.
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With the price target reduced from $11 to $8, Barclays Downgraded its rating from Overweight to Equal Weight for Duckhorn Portfolio Inc (NYSE: NAPA). On February 13, 2024, BofA Securities Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock reducing its target price from $11 to quote $8, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Sullivan Sean B.A., insider sold 25,000 shares of the company’s stock on Apr 09 ’24. The stock was sold for $224,750 at an average price of $8.99. Upon completion of the transaction, the insider now directly owns 125,326 shares in the company, valued at $1.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 28 ’24, Mahlan Deirdre sold 29,681 shares of the business’s stock. A total of $273,932 was realized by selling the stock at an average price of $9.23. This leaves the insider owning 104,590 shares of the company worth $1.15 million. A total of 66.40% of the company’s stock is owned by insiders.
During the past 12 months, Duckhorn Portfolio Inc has had a low of $5.38 and a high of $11.08. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 8.05, and a quick ratio of 1.33. The fifty day moving average price for NAPA is $6.422 and a two-hundred day moving average price translates $7.9448 for the stock.
The latest earnings results from Duckhorn Portfolio Inc (NYSE: NAPA) was released for 2024-07-31. The net profit margin was 13.81% and return on equity was 5.06% for NAPA. The company reported revenue of $107.39 million for the quarter, compared to $100.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.29 percent.
