Duckhorn Portfolio (NYSE:NAPA) Reaches New 52-Week Low at $7.12

The Duckhorn Portfolio, Inc. (NYSE:NAPA) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $7.12 and last traded at $7.13, with a volume of 174194 shares traded. The stock had previously closed at $7.34.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. TheStreet raised shares of Duckhorn Portfolio from a “d” rating to a “c” rating in a report on Monday, March 18th. BMO Capital Markets lowered their target price on shares of Duckhorn Portfolio from $10.00 to $9.00 and set a “market perform” rating on the stock in a report on Friday, June 7th. Royal Bank of Canada reduced their price target on shares of Duckhorn Portfolio from $14.00 to $11.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 29th. Citigroup reduced their price target on shares of Duckhorn Portfolio from $11.00 to $10.00 and set a “buy” rating on the stock in a research report on Friday, June 7th. Finally, Barclays lowered shares of Duckhorn Portfolio from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $11.00 to $8.00 in a research report on Thursday, April 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Duckhorn Portfolio currently has a consensus rating of “Hold” and an average price target of $9.86.

Duckhorn Portfolio Price Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 8.09 and a quick ratio of 1.04. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 6.89 and a beta of 0.27. The business’s 50-day simple moving average is $7.91 and its two-hundred day simple moving average is $8.73.

Insider Buying and Selling at Duckhorn Portfolio

In other Duckhorn Portfolio news, insider Sean B.A. Sullivan sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $8.99, for a total value of $224,750.00. Following the sale, the insider now owns 125,326 shares in the company, valued at $1,126,680.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Duckhorn Portfolio

Hedge funds have recently modified their holdings of the business. DekaBank Deutsche Girozentrale acquired a new position in shares of Duckhorn Portfolio during the third quarter worth $58,000. CWM LLC lifted its holdings in shares of Duckhorn Portfolio by 1,406.8% during the fourth quarter. CWM LLC now owns 6,856 shares of the company’s stock worth $68,000 after purchasing an additional 6,401 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Duckhorn Portfolio by 94.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 10,289 shares of the company’s stock worth $101,000 after purchasing an additional 4,992 shares during the period. Caxton Associates LP acquired a new position in shares of Duckhorn Portfolio during the third quarter worth $112,000. Finally, Mackenzie Financial Corp acquired a new position in shares of Duckhorn Portfolio during the fourth quarter worth $116,000.

About Duckhorn Portfolio

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.