Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Duluth Holdings Inc (NASDAQ: DLTH) improved of late. DLTH’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Duluth Holdings Inc (NASDAQ: DLTH) stock declined modestly by -1.6% on 10/1/24. The stock closed at $3.70. However, trading volume in this decline was exceptionally low at 45% of normal. The stock has been weak relative to the market over the last nine months and has declined -3.6% 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 C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Duluth Holdings has a good Appreciation Score of 71 but a poor Power Rating of 19, resulting in the Low Neutral Value Trend Rating.
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