The Duckhorn Portfolio, Inc. (NYSE:NAPA) Receives Consensus Recommendation of “Hold” from Analysts

The Duckhorn Portfolio, Inc. (NYSE:NAPA) has earned a consensus rating of “Hold” from the seven analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $10.01.

Several equities research analysts have recently weighed in on NAPA shares. Royal Bank of Canada lowered Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and raised their target price for the stock from $11.00 to $11.10 in a research report on Friday, October 11th. Barclays boosted their price objective on shares of Duckhorn Portfolio from $6.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Jefferies Financial Group cut shares of Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 target price for the company. in a report on Friday, December 6th.

Hedge Funds Weigh In On Duckhorn Portfolio

A number of institutional investors have recently modified their holdings of NAPA. DekaBank Deutsche Girozentrale purchased a new position in Duckhorn Portfolio during the 3rd quarter worth $31,000. Barnett & Company Inc. acquired a new stake in shares of Duckhorn Portfolio during the third quarter worth about $73,000. CTC Alternative Strategies Ltd. purchased a new position in shares of Duckhorn Portfolio during the third quarter worth about $74,000. Intech Investment Management LLC acquired a new position in Duckhorn Portfolio in the 3rd quarter valued at about $86,000. Finally, ZWJ Investment Counsel Inc. purchased a new stake in Duckhorn Portfolio during the 3rd quarter valued at approximately $88,000.

Duckhorn Portfolio Price Performance

Duckhorn Portfolio stock opened at $11.09 on Friday. The stock has a market cap of $1.63 billion, a PE ratio of 26.40, a P/E/G ratio of 11.35 and a beta of 0.03. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.73 and a quick ratio of 0.61. The stock’s fifty day moving average is $11.05 and its two-hundred day moving average is $8.74. Duckhorn Portfolio has a 1-year low of $5.38 and a 1-year high of $11.11.

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.