Last Updated: 18 Sep 2024
Executive Summary
Duluth Holdings Inc. (DLTH) is a retailer of men's and women's casual, workwear, and accessories. The company has a market capitalization of $140.49 million and trades on the NASDAQ exchange. The latest stock price is $4.16.
Company Overview
Duluth Holdings Inc. was founded in 1989 and is headquartered in Mount Horeb, Wisconsin. The company operates 54 stores in the United States and sells its products online and through catalogs. Duluth Holdings Inc.'s products are designed for outdoor enthusiasts and feature durable construction and functional designs.
Fundamental Analysis
Duluth Holdings Inc.'s financial performance has been mixed in recent years. The company reported a loss per share of $0.45 in the most recent quarter, compared to earnings per share of $0.13 in the same quarter last year. Revenue increased by 1.8% to $642.1 million.
The company's gross profit margin declined from 53.4% to 53.5% in the most recent quarter. This was due to an increase in the cost of goods sold. Operating expenses also increased, driven by higher marketing and advertising costs.
Duluth Holdings Inc.'s balance sheet is strong. The company has $106.9 million in cash and equivalents and no debt. The company's current ratio is 2.2, which is above the industry average.
Technical Analysis
The technical analysis of Duluth Holdings Inc.'s stock shows that the stock is in a downtrend. The stock price has been below its 50-day and 200-day moving averages for the past several months. The stock is also below its 52-week low of $3.09.
The relative strength index (RSI) is at 30.1, which is below the oversold level of 30. This indicates that the stock is oversold and could be due for a bounce.
Short Term Outlook
The short-term outlook for Duluth Holdings Inc. is uncertain. The company's financial performance has been mixed in recent quarters, and the stock price is in a downtrend. However, the stock is oversold and could be due for a bounce.
Long Term Outlook
The long-term outlook for Duluth Holdings Inc. is more positive. The company has a strong brand and a loyal customer base. The company is also expanding its product line and opening new stores.
Analyst Recommendations
The consensus analyst recommendation for Duluth Holdings Inc. is "Hold." Three analysts have a "Hold" rating on the stock, while one analyst has a "Sell" rating. The average analyst target price is $4.00.
