The Duckhorn Portfolio Inc. (NYSE:NAPA) finished Friday with an addition of $0.16 to close at $12.80, an upside of 1.27 percent. An average of 615,440 shares of common stock have been traded in the last five days. There was a gain of $0.08 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 557,120 shares traded, while the 50-day average volume stands at 812,310.
NAPA stock has decreased by -0.54% in the last month. The company shares reached their 1-month lowest point of $12.29 on 08/09/23. With the stock rallying to its 52-week high on 01/26/23, shares of the company touched a low of $12.29 and a high of $19.39 in 52 weeks. It has reached a new high 4 times so far this year and lost -22.75% or -$3.77 in price. In spite of this, the price is down -33.97% from the 52-week high.
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Insider Transactions
NAPA stock investors should be aware that The Duckhorn Portfolio Inc. (NAPA) stock had its last reported insider trading activity 128 days ago on Apr 06. In this transaction, the insider spent $92,100,000., Sullivan Sean B.A., disposed of 26,081 shares at a price of $15.46 on Mar 17. The insider now owns more than $403,105 worth of shares. Prior to that, Przybylinski Pete went on to Sale 26,059 shares at $15.46 each on Mar 17. An amount of $402,771 was transacted.
Valuation Metrics
The Duckhorn Portfolio Inc. (NAPA) has a trailing price-to-earnings (P/E) ratio of 25.91. The stock’s beta is 0.15. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.83, the price-to-book (PB) ratio at 1.60, and the price-to-cash flow ratio at 37.64.
Financial Health
The quick ratio of The Duckhorn Portfolio Inc. for the recent quarter was 1.20, and the current ratio was 5.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.23 and a total debt to equity ratio of 0.24 for the recent quarter. Its gross profit as reported stood at $185.18 million compared to revenue of $372.51 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, The Duckhorn Portfolio Inc.’s return on assets was 4.40%.
Earnings Surprise
For the recent quarter, The Duckhorn Portfolio Inc. had $213.16 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $16.8 million in the quarter, while revenues of $14.92 million were grew 7.32%. Shareholders own equity worth $115.29 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at The Duckhorn Portfolio Inc. (NAPA) price momentum. RSI 9-day as of the close on 11 August was 54.67%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.79%.
As of today, NAPA’s price is $12.61 +0.63% or $0.08 from its 5-day moving average. NAPA is currently trading +0.47% higher than its 20-day SMA and -18.00% lower than its 100-day SMA. However, the stock’s current price level is -1.77% below the SMA50 and -12.87% below the SMA200.
The stochastic %K and %D were 38.44% and 28.69%, respectively, and the average true range (ATR) was 0.27. With the 14-day stochastic at 64.15% and the average true range at 0.27, the RSI (14) stands at 50.44%. The stock has reached 0.02 on the 9-day MACD Oscillator while the 14-day reading was at -0.06.
Analyst Ratings
Barclays upgraded The Duckhorn Portfolio Inc. (NYSE: NAPA) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for The Duckhorn Portfolio Inc. (NAPA) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell NAPA, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 5 others rate it as a “buy”.
What is NAPA’s price target for the next 12 months?
Analysts predict a range of price targets between $16.00 and $23.00, with a median target of $20.00. Taking a look at these predictions, the average price target given by analysts for The Duckhorn Portfolio Inc. (NAPA) stock is $19.29.
