Jefferies Financial Group Comments on The Duckhorn Portfolio, Inc.’s Q4 2021 Earnings (NYSE:NAPA)

The Duckhorn Portfolio, Inc. (NYSE:NAPA) – Stock analysts at Jefferies Financial Group issued their Q4 2021 EPS estimates for The Duckhorn Portfolio in a research report issued on Monday, June 7th. Jefferies Financial Group analyst K. Grundy anticipates that the company will post earnings of $0.01 per share for the quarter. Jefferies Financial Group currently has a “Buy” rating and a $22.00 price target on the stock.

A number of other equities analysts have also weighed in on NAPA. Citigroup increased their target price on The Duckhorn Portfolio from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday. Royal Bank of Canada started coverage on The Duckhorn Portfolio in a report on Monday, April 12th. They set a “sector perform” rating and a $19.00 target price for the company. Evercore ISI started coverage on shares of The Duckhorn Portfolio in a research report on Monday, April 12th. They issued an “outperform” rating and a $22.00 target price for the company. Credit Suisse Group raised their price target on shares of The Duckhorn Portfolio from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price objective on shares of The Duckhorn Portfolio from $22.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $21.67.

Shares of NAPA stock opened at $22.55 on Thursday. The Duckhorn Portfolio has a 12-month low of $16.16 and a 12-month high of $22.59. The stock’s 50 day moving average is $18.47. The company has a debt-to-equity ratio of 0.56, a current ratio of 5.42 and a quick ratio of 0.68.

The Duckhorn Portfolio (NYSE:NAPA) last posted its earnings results on Sunday, June 6th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.10.

In related news, major shareholder Mallard Holdco, Llc sold 9,666,667 shares of The Duckhorn Portfolio stock in a transaction that occurred on Monday, March 22nd. The shares were sold at an average price of $14.06, for a total value of $135,913,338.02. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

A number of institutional investors have recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA acquired a new position in The Duckhorn Portfolio during the first quarter worth about $32,401,000. FIL Ltd bought a new position in The Duckhorn Portfolio in the 1st quarter valued at approximately $29,690,000. Select Equity Group L.P. acquired a new stake in The Duckhorn Portfolio in the first quarter valued at approximately $24,703,000. Federated Hermes Inc. bought a new stake in shares of The Duckhorn Portfolio during the first quarter worth $22,962,000. Finally, Waddell & Reed Financial Inc. acquired a new position in shares of The Duckhorn Portfolio during the first quarter worth $14,706,000. Hedge funds and other institutional investors own 15.12% of the company’s stock.

The Duckhorn Portfolio Company Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. It offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Kosta Browne, Goldeneye, Paraduxx, Calera, Migration, Canvasback, Greenwing, and Postmark. The company sells its products directly to California retailers and restaurants; and to distributors and agents located in other states throughout the United States, as well as to export distributors that sell internationally.

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