The stock of Duluth Holdings Inc (NASDAQ:DLTH) hit a new 52-week high and has $37.69 target or 4.00% above today’s $36.24 share price. The 9 months bullish chart indicates low risk for the $1.22B company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $37.69 price target is reached, the company will be worth $48.80M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 211,676 shares traded hands. Duluth Holdings Inc (NASDAQ:DLTH) has risen 47.06% since April 25, 2016 and is uptrending. It has outperformed by 41.04% the S&P500.
Analysts await Duluth Holdings Inc (NASDAQ:DLTH) to report earnings on December, 8 after the close.
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. On Friday, September 2 the stock rating was maintained by Stifel Nicolaus with “Buy”. Robert W. Baird initiated Duluth Holdings Inc (NASDAQ:DLTH) on Tuesday, December 15 with “Outperform” rating. The stock of Duluth Holdings Inc (NASDAQ:DLTH) has “Buy” rating given on Friday, May 27 by Stifel Nicolaus. The stock has “Outperform” rating given by William Blair on Tuesday, December 15. The firm earned “Outperform” rating on Friday, September 9 by Robert W. Baird. The stock has “Outperform” rating given by BMO Capital Markets on Tuesday, December 15.
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 Inc. Cl B” 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. Celebrates Grand Opening of King of Prussia, Pennsylvania …” on October 21, 2016. More interesting news about Duluth Holdings Inc (NASDAQ:DLTH) were released by: Globenewswire.com and their article: “Duluth Holdings Inc. Announces First Quarter Financial Results” published on June 07, 2016 as well as Globenewswire.com‘s news article titled: “Duluth Holdings Inc. Celebrates Grand Opening of New Store in Omaha, Nebraska” with publication date: July 07, 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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