Duckhorn Portfolio (NYSE:NAPA) Sets New 1-Year Low at $5.49

The Duckhorn Portfolio, Inc. (NYSE:NAPA) reached a new 52-week low during trading on Wednesday . The stock traded as low as $5.49 and last traded at $5.53, with a volume of 208053 shares trading hands. The stock had previously closed at $5.64.

Analyst Upgrades and Downgrades

NAPA has been the topic of several research reports. Citigroup cut their target price on Duckhorn Portfolio from $11.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, June 7th. BMO Capital Markets dropped their price objective on Duckhorn Portfolio from $10.00 to $9.00 and set a “market perform” rating on the stock in a research note on Friday, June 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $9.86.

Duckhorn Portfolio Stock Performance

The stock’s fifty day moving average price is $6.47 and its two-hundred day moving average price is $7.51. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.04 and a current ratio of 8.09. The company has a market cap of $852.89 million, a P/E ratio of 10.74, a P/E/G ratio of 4.86 and a beta of 0.22.

Hedge Funds Weigh In On Duckhorn Portfolio

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC bought a new position in Duckhorn Portfolio in the 1st quarter valued at approximately $878,000. Capstone Investment Advisors LLC bought a new position in Duckhorn Portfolio in the 1st quarter valued at approximately $1,387,000. Stokes Family Office LLC acquired a new position in Duckhorn Portfolio in the 1st quarter valued at approximately $1,255,000. Westwood Holdings Group Inc. increased its position in Duckhorn Portfolio by 4.6% in the 1st quarter. Westwood Holdings Group Inc. now owns 3,523,191 shares of the company’s stock valued at $32,801,000 after acquiring an additional 154,320 shares during the period. Finally, Kennedy Capital Management LLC increased its position in Duckhorn Portfolio by 41.2% in the 1st quarter. Kennedy Capital Management LLC now owns 457,681 shares of the company’s stock valued at $4,261,000 after acquiring an additional 133,579 shares during the period.

Duckhorn Portfolio Company Profile

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.