The Duckhorn Portfolio, Inc. Forecasted to Post Q4 2024 Earnings of $0.13 Per Share (NYSE:NAPA)

The Duckhorn Portfolio, Inc. (NYSE:NAPA) – Wedbush boosted their Q4 2024 earnings per share estimates for Duckhorn Portfolio in a note issued to investors on Wednesday, May 1st. Wedbush analyst G. Pascarelli now expects that the company will earn $0.13 per share for the quarter, up from their previous estimate of $0.12. Wedbush currently has a “Outperform” rating and a $10.00 target price 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 equities research analysts also recently weighed in on the stock. Barclays downgraded shares of Duckhorn Portfolio from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $11.00 to $8.00 in a research report on Thursday, April 18th. TheStreet upgraded Duckhorn Portfolio from a “d” rating to a “c” rating in a research report on Monday, March 18th. Finally, Bank of America cut Duckhorn Portfolio from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $11.00 to $8.00 in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Duckhorn Portfolio presently has a consensus rating of “Hold” and an average target price of $12.31.

Duckhorn Portfolio Price Performance

Shares of Duckhorn Portfolio stock opened at $8.04 on Monday. The company has a quick ratio of 1.13, a current ratio of 6.85 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $927.90 million, a price-to-earnings ratio of 14.12, a price-to-earnings-growth ratio of 7.24 and a beta of 0.28. Duckhorn Portfolio has a twelve month low of $7.49 and a twelve month high of $14.73. The company has a 50-day simple moving average of $8.82 and a two-hundred day simple moving average of $9.39.

Duckhorn Portfolio (NYSE:NAPA) last posted its quarterly earnings data on Thursday, March 7th. The company reported $0.17 earnings per share for the quarter, hitting the consensus estimate of $0.17. The firm had revenue of $103.05 million for the quarter, compared to analysts’ expectations of $106.38 million. Duckhorn Portfolio had a return on equity of 7.27% and a net margin of 16.62%. During the same quarter last year, the business earned $0.17 EPS.

Insider Transactions at Duckhorn Portfolio

In related news, insider Sean B.A. Sullivan sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $8.99, for a total value of $224,750.00. Following the sale, the insider now directly owns 125,326 shares of the company’s stock, valued at $1,126,680.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Duckhorn Portfolio news, insider Sean B.A. Sullivan sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $8.99, for a total value of $224,750.00. Following the sale, the insider now owns 125,326 shares in the company, valued at $1,126,680.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Deirdre Mahlan sold 29,681 shares of the company’s stock in a transaction on Thursday, March 28th. The stock was 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 of the company’s stock, valued at $965,365.70. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NAPA. DekaBank Deutsche Girozentrale bought a new stake in Duckhorn Portfolio during the 3rd quarter worth approximately $58,000. CWM LLC increased its holdings in Duckhorn Portfolio by 1,406.8% in the fourth quarter. CWM LLC now owns 6,856 shares of the company’s stock valued at $68,000 after purchasing an additional 6,401 shares during the period. Tower Research Capital LLC TRC raised its position in Duckhorn Portfolio by 94.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,289 shares of the company’s stock worth $101,000 after purchasing an additional 4,992 shares during the last quarter. Caxton Associates LP acquired a new position in Duckhorn Portfolio during the 3rd quarter worth about $112,000. Finally, Mackenzie Financial Corp bought a new stake in shares of Duckhorn Portfolio in the 4th quarter valued at about $116,000.

Duckhorn Portfolio Company Profile

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.