Duckhorn Portfolio Inc (NYSE: NAPA) has seen a rise in its stock price by 2.26 in relation to its previous close of 7.95. However, the company has experienced a 1.63% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-19 that Duckhorn operates a portfolio of wine brands in the >$15 luxury segment with a track record of good growth and very high margins. The growth has required quite a good amount of capital with increased inventories and a recent investment in a new production facility among other investments. The company currently faces issues from slower demand for wine, but has continued to grab market share in a challenging market.
Is It Worth Investing in Duckhorn Portfolio Inc (NYSE: NAPA) Right Now?
The price-to-earnings ratio for Duckhorn Portfolio Inc (NYSE: NAPA) is 14.22x, which is above its average ratio. Moreover, the 36-month beta value for NAPA is 0.27. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NAPA is 17.78M and currently, short sellers hold a 28.35% of that float. On May 10, 2024, NAPA’s average trading volume was 1.15M shares.
NAPA’s Market Performance
NAPA stock saw a decrease of 1.63% in the past week, with a monthly decline of -4.01% and a quarterly a decrease of -6.23%. The volatility ratio for the week is 2.65%, and the volatility levels for the last 30 days are 3.40% for Duckhorn Portfolio Inc (NAPA). The simple moving average for the last 20 days is -0.87% for NAPA stock, with a simple moving average of -19.48% for the last 200 days.
Analysts’ Opinion of NAPA
Many brokerage firms have already submitted their reports for NAPA stocks, with Barclays repeating the rating for NAPA by listing it as a “Equal Weight.” The predicted price for NAPA in the upcoming period, according to Barclays is $8 based on the research report published on April 18, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see NAPA reach a price target of $8, previously predicting the price at $11. The rating they have provided for NAPA stocks is “Underperform” according to the report published on February 13th, 2024.
BofA Securities gave a rating of “Neutral” to NAPA, setting the target price at $11 in the report published on December 07th of the previous year.
NAPA Trading at -7.18% from the 50-Day Moving Average
After a stumble in the market that brought NAPA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.43% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 2.65%, as shares sank -3.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.33% lower at present.
During the last 5 trading sessions, NAPA rose by +1.63%, which changed the moving average for the period of 200-days by -36.73% in comparison to the 20-day moving average, which settled at $8.19. In addition, Duckhorn Portfolio Inc saw -17.46% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NAPA starting from Sullivan Sean B.A., who sale 25,000 shares at the price of $8.99 back on Apr 09 ’24. After this action, Sullivan Sean B.A. now owns 125,326 shares of Duckhorn Portfolio Inc, valued at $224,750 using the latest closing price.
Mahlan Deirdre, the of Duckhorn Portfolio Inc, sale 29,681 shares at $9.23 during a trade that took place back on Mar 28 ’24, which means that Mahlan Deirdre is holding 104,590 shares at $273,932 based on the most recent closing price.
Stock Fundamentals for NAPA
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.54 for the gross margin
The net margin for Duckhorn Portfolio Inc stands at 0.17. The total capital return value is set at 0.08. Equity return is now at value 7.01, with 4.83 for asset returns.
Based on Duckhorn Portfolio Inc (NAPA), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 6.87.
Currently, EBITDA for the company is 133.96 million with net debt to EBITDA at 2.01. When we switch over and look at the enterprise to sales, we see a ratio of 3.08. The receivables turnover for the company is 7.66for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.85.
Conclusion
To wrap up, the performance of Duckhorn Portfolio Inc (NAPA) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
