Today’s Market Runner: Duluth Holdings Inc Stock Is An All Time High Flier

Today's Market Runner: Duluth Holdings Inc Stock Is An All Time High Flier

The stock of Duluth Holdings Inc (NASDAQ:DLTH) reached all time high today, Nov, 22 and still has $35.34 target or 7.00% above today’s $33.03 share price. This indicates more upside for the $1.05B company. This technical setup was reported by Barchart.com. If the $35.34 PT is reached, the company will be worth $73.50 million 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 48,170 shares traded hands. Duluth Holdings Inc (NASDAQ:DLTH) has risen 32.05% since April 20, 2016 and is uptrending. It has outperformed by 27.49% 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) has “Buy” rating given on Friday, May 27 by Stifel Nicolaus. The company was initiated on Tuesday, December 15 by Robert W. Baird. The stock has “Outperform” rating given by Robert W. Baird on Friday, September 9. BMO Capital Markets initiated it with “Outperform” rating and $20 target price in Tuesday, December 15 report. William Blair initiated the stock with “Outperform” rating in Tuesday, December 15 report. The firm has “Buy” rating given on Friday, September 2 by Stifel Nicolaus.

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. to Report Second Quarter 2016 Financial Results on …” published on August 22, 2016, Globenewswire.com published: “Duluth Holdings Inc. Announces First Quarter Financial Results” on June 07, 2016. More interesting news about Duluth Holdings Inc (NASDAQ:DLTH) were released by: Globenewswire.com and their article: “Duluth Holdings Inc. Celebrates Grand Opening of New Store in Omaha, Nebraska” published on July 07, 2016 as well as Nasdaq.com‘s news article titled: “Duluth Holdings Inc. Celebrates Grand Opening of King of Prussia, Pennsylvania …” with publication date: October 21, 2016.

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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