Duluth (DLTH) Expected to Announce Earnings on Thursday

Duluth (NASDAQ:DLTH) is projected to release its earnings data before the market opens on Thursday, March 13th. Analysts expect Duluth to post earnings of $0.28 per share and revenue of $252.86 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Duluth Trading Up 12.5 %

Shares of Duluth stock opened at $2.96 on Wednesday. Duluth has a 52-week low of $2.55 and a 52-week high of $5.08. The company has a quick ratio of 0.16, a current ratio of 1.30 and a debt-to-equity ratio of 0.30. The company’s 50-day simple moving average is $2.90 and its 200-day simple moving average is $3.40. The firm has a market cap of $94.17 million, a price-to-earnings ratio of -2.99 and a beta of 1.30.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DLTH. StockNews.com assumed coverage on shares of Duluth in a research note on Sunday. They set a “hold” rating on the stock. Robert W. Baird decreased their price objective on shares of Duluth from $4.00 to $3.50 and set a “neutral” rating on the stock in a report on Friday, December 6th.

About Duluth

Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.