Duluth Holdings Inc (NASDAQ: DLTH) has reported a loss for its second fiscal quarter (ending July 31) of $-0.11 versus a loss $-0.06 for the same period a year ago. E.P.S. were $-0.46 for the latest four quarters through July 31 versus $-0.14 for the same period a year ago.
Recent Price Action
Duluth Holdings Inc (NASDAQ: DLTH) stock closed at $3.84 on 8/29/24 after a major increase of 18.9%. Moreover, trading volume in this advance was exceptionally high at 643% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 19.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, DLTH is expected to be Value Creation neutral.
Duluth Holdings has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Duluth Holdings has a good Appreciation Score of 75 but a very low Power Rating of 9, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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