Price Change to Note: After Reaching All-Time High, Is Duluth Holdings Inc’s Near-Term Analysis Positive?

Price Change to Note: After Reaching All Time High, Is Duluth Holdings Inc's Near Term Analysis Positive?

The stock of Duluth Holdings Inc (NASDAQ:DLTH) reached all time high today, Nov, 14 and still has $45.72 target or 43.00% above today’s $31.97 share price. This indicates more upside for the $1.06B company. This technical setup was reported by Barchart.com. If the $45.72 PT is reached, the company will be worth $455.80M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 127,440 shares traded hands. Duluth Holdings Inc (NASDAQ:DLTH) has risen 40.65% since April 12, 2016 and is uptrending. It has outperformed by 35.67% the S&P500.

Duluth Holdings Inc (NASDAQ:DLTH) Ratings Coverage

Out of 4 analysts covering Duluth Holdings (NASDAQ:DLTH), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Duluth Holdings has been the topic of 6 analyst reports since December 15, 2015 according to StockzIntelligence Inc. The stock of Duluth Holdings Inc (NASDAQ:DLTH) earned “Buy” rating by Stifel Nicolaus on Friday, September 2. The stock of Duluth Holdings Inc (NASDAQ:DLTH) earned “Outperform” rating by William Blair on Tuesday, December 15. As per Tuesday, December 15, the company rating was initiated by Robert W. Baird. Stifel Nicolaus initiated Duluth Holdings Inc (NASDAQ:DLTH) rating on Friday, May 27. Stifel Nicolaus has “Buy” rating and $28 price target. BMO Capital Markets initiated it with “Outperform” rating and $20 target price in Tuesday, December 15 report. The stock of Duluth Holdings Inc (NASDAQ:DLTH) has “Outperform” rating given on Friday, September 9 by Robert W. Baird.

According to Zacks Investment Research, “Duluth Holdings Inc. provides casual wear, workwear and accessories for men and women. The company markets its products under trademarks, trade names and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Buck Naked, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Company, Duluthflex, Fire Hose, Longtail T, No Polo Shirt and Wild Boar Mocs. Duluth Holdings Inc. is headquartered in Belleville, Wisconsin.”

More notable recent Duluth Holdings Inc (NASDAQ:DLTH) news were published by: Marketwatch.com which released: “Duluth Holdings started at buy with $28 stock price target at Stifel Nicolaus” on October 11, 2015, also Globenewswire.com with their article: “Duluth Holdings Inc. Announces First Quarter Financial Results” published on June 07, 2016, Globenewswire.com published: “Duluth Holdings Inc. Celebrates Grand Opening of New Store in Omaha, Nebraska” on July 07, 2016. More interesting news about Duluth Holdings Inc (NASDAQ:DLTH) were released by: Nasdaq.com and their article: “Duluth Holdings Inc. Celebrates Grand Opening of King of Prussia, Pennsylvania …” published on October 21, 2016 as well as Zacks.com‘s news article titled: “Duluth Holdings Inc (DLTH) Closes Its First Day of Trading Up Over 13%” with publication date: November 20, 2015.

DLTH Company Profile

Duluth Holdings Inc., incorporated on October 29, 1986, is a lifestyle brand of men’s and women’s casual wear, workwear and accessories sold through the Company’s own direct and retail channels. The Firm operates through two divisions: direct and retail. The Company’s product assortment includes shirts, pants, underwear, outerwear, footwear, accessories and hard goods. The Firm offers a range of products, such as its Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Firm offers products under its Duluth Trading brand name. The Firm also offers Duluthflex Ballroom jeans. The Firm owns and operates a distribution center in Belleville, Wisconsin, which is approximately 115,000 square feet of production and warehouse space.

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