Streetbeat News

NAPA

The Duckhorn Portfolio, Inc.

https://www.duckhornportfolio.com

Industry

Beverages - Wineries & Distilleries

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 wines to distributors, and directly to retail accounts and consumers. The company was formerly known as Mallard Intermediate, Inc. and changed its name to The Duckhorn Portfolio, Inc. in February 2021. The Duckhorn Portfolio, Inc. was founded in 1976 and is headquartered in Saint Helena, California.

Open

11.06

Mkt cap

1.6B

Volume

178K

High

11.06

P/E Ratio

24.57

52-wk high

11.10

Low

11.05

Div yield

N/A

52-wk low

5.38

RBC Capital has downgraded Duckhorn Portfolio (NYSE:NAPA) from Outperform to Sector Perform, while slightly raising the price target from $11 to $11.1.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:40 pm

Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on Duckhorn Portfolio (NYSE:NAPA) and raises the price target from $6 to $11.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 5:16 pm

U.S. stocks fell on Monday, with the Dow dropping over 400 points. Duckhorn Portfolio shares surged 104% after announcing better-than-expected financial results and an acquisition agreement. Scholar Rock shares rose 328% following positive clinical trial results. AstraZeneca entered a licensing agreement with CSPC Pharmaceutical. Trevena shares fell 46% after a Nasdaq delisting notification.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 6:37 pm

U.S. stocks traded lower with the Dow Jones falling over 200 points. Scholar Rock shares surged 310% after positive clinical trial results. AstraZeneca entered a licensing agreement with CSPC Pharmaceutical. Duckhorn Portfolio shares rose 102% following strong earnings and acquisition news.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 4:00 pm

On Monday, several US-listed stocks saw significant gains despite a general market downturn. Pfizer's shares rose 4% after Starboard Value acquired a $1 billion stake. Scholar Rock Holding Corp's shares surged 291% following positive clinical trial results. Duckhorn Portfolio's shares climbed 101.3% after reporting strong financial results and announcing an acquisition by Butterfly Equity. Arcadium Lithium gained 40.1% after a potential acquisition approach by Rio Tinto. Vista Outdoor's shares increased 9.8% following a definitive agreement to sell Revelyst.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 2:08 pm

Duckhorn Portfolio shares rose following strong Q4 results and an acquisition agreement with Butterfly Equity.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 12:07 pm

Duckhorn Portfolio reported its Q4 2024 financial results, with adjusted EPS of $0.14, surpassing the estimate of $0.10. Sales also exceeded expectations, reaching $107.395 million compared to the estimated $106.547 million.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 11:53 am

Duckhorn Portfolio (NYSE:NAPA) is set to be acquired by Butterfly Equity in a $1.95 billion all-cash deal, offering a 65.3% premium to its recent average share price. The acquisition will result in Duckhorn becoming a private company, with its stock ceasing to trade on the NYSE.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 11:03 am

Arcadium Lithium shares surged 27.8% in pre-market trading following a non-binding acquisition approach by Rio Tinto. Other notable pre-market movers include LogicMark, TDH Holdings, and Trevena, with significant gains and losses reported.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 9:40 am

U.S. stocks rose on Friday, with the Dow Jones gaining over 300 points due to positive jobs data. Tesla, Amazon, and Netflix shares increased, while Apogee Enterprises surged 23% after strong earnings. The Fear & Greed Index remained in the 'Greed' zone, indicating positive market sentiment.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 7:46 am

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