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NYSE:DTC

Solo Brands (DTC) Stock Price, News & Analysis

$1.86
-0.06 (-3.13%)
(As of 06/7/2024 ET)
Today's Range
$1.83
$1.95
50-Day Range
$1.77
$2.08
52-Week Range
$1.74
$6.67
Volume
230,953 shs
Average Volume
305,343 shs
Market Capitalization
$169.76 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.54

Solo Brands MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
90.4% Upside
$3.54 Price Target
Short Interest
Healthy
12.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$227,000 Bought Last Quarter
Proj. Earnings Growth
33.33%
From $0.33 to $0.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.94 out of 5 stars

Retail/Wholesale Sector

58th out of 189 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

3rd out of 8 stocks

DTC stock logo

About Solo Brands Stock (NYSE:DTC)

Solo Brands, Inc. operates a direct-to-consumer platform that offers outdoor and lifestyle branded products in the United States. The company provides camp stoves under the Solo Stove Lite brand name; fire pits under the Solo Stove brand name; kayaks under the Oru brand name; paddle boards under the ISLE brand name; and storage solutions for fire pits, firewood, and other accessories. It also offers swim trunks, casual shorts, sport products, polos, shirts, and lounge products under the Chubbies brand name; consumables, such as color packs, starters, natural charcoal, fuel, pellets, and firewood products; and accessories comprising shelters, shields, roasting sticks, tools, paddles, and pumps under the Solo Stove, Oru, and ISLE brands. Solo Brands, Inc. was founded in 2011 and is headquartered in Grapevine, Texas.

DTC Stock Price History

DTC Stock News Headlines

Solo Brands Earnings: What To Look For From DTC
Beats Unveils Solo 4 Headphones, Solo Buds Earphones
MELI May 2024 1505.000 call (MELI240503C01505000)
MELI May 2024 1450.000 call (MELI240503C01450000)
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/09/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.54
High Stock Price Target
$5.00
Low Stock Price Target
$2.20
Potential Upside/Downside
+90.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

Net Income
$-111,350,000.00
Pretax Margin
-49.29%

Debt

Sales & Book Value

Annual Sales
$494.78 million
Cash Flow
$0.57 per share
Book Value
$4.09 per share

Miscellaneous

Free Float
90,602,000
Market Cap
$169.76 million
Optionable
Not Optionable
Beta
2.57
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Key Executives

  • Mr. Christopher T. Metz (Age 59)
    President, CEO & Director
  • Ms. Laura A. Coffey (Age 57)
    Chief Financial Officer
  • Mr. Matthew Scott Webb (Age 36)
    Chief Operating Officer
    Comp: $8.78M
  • Mr. Kent Roger Christensen (Age 44)
    General Counsel
    Comp: $368.12k
  • Mr. Michael Lee Studdard (Age 54)
    Chief People Officer
  • Mr. Michael McGoohan
    Chief Growth Officer & Executive VP

DTC Stock Analysis - Frequently Asked Questions

Should I buy or sell Solo Brands stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Solo Brands in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" DTC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DTC, but not buy additional shares or sell existing shares.
View DTC analyst ratings
or view top-rated stocks.

What is Solo Brands' stock price target for 2024?

8 Wall Street analysts have issued 12 month target prices for Solo Brands' stock. Their DTC share price targets range from $2.20 to $5.00. On average, they predict the company's stock price to reach $3.54 in the next twelve months. This suggests a possible upside of 90.4% from the stock's current price.
View analysts price targets for DTC
or view top-rated stocks among Wall Street analysts.

How have DTC shares performed in 2024?

Solo Brands' stock was trading at $6.16 at the beginning of 2024. Since then, DTC shares have decreased by 69.8% and is now trading at $1.86.
View the best growth stocks for 2024 here
.

Are investors shorting Solo Brands?

Solo Brands saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,590,000 shares, a decrease of 14.1% from the April 30th total of 4,180,000 shares. Based on an average trading volume of 593,200 shares, the short-interest ratio is presently 6.1 days. Approximately 13.0% of the shares of the company are short sold.
View Solo Brands' Short Interest
.

When is Solo Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our DTC earnings forecast
.

How were Solo Brands' earnings last quarter?

Solo Brands, Inc. (NYSE:DTC) announced its earnings results on Thursday, May, 9th. The company reported $0.01 earnings per share for the quarter, hitting analysts' consensus estimates of $0.01. The business had revenue of $85.32 million for the quarter, compared to the consensus estimate of $80.48 million. Solo Brands had a positive trailing twelve-month return on equity of 6.99% and a negative net margin of 23.52%. During the same period in the previous year, the company posted $0.09 earnings per share.

What guidance has Solo Brands issued on next quarter's earnings?

Solo Brands issued an update on its FY 2024 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $490.0 million-$510.0 million, compared to the consensus revenue estimate of $494.8 million.

When did Solo Brands IPO?

Solo Brands (DTC) raised $200 million in an initial public offering (IPO) on Thursday, October 28th 2021. The company issued 12,903,225 shares at a price of $14.00-$17.00 per share.

Who are Solo Brands' major shareholders?

Solo Brands' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Boston Partners (2.31%), Vanguard Group Inc. (1.90%), Kennedy Capital Management LLC (0.66%), Sei Investments Co. (0.64%), Hillsdale Investment Management Inc. (0.57%) and GSA Capital Partners LLP (0.54%). Insiders that own company stock include Christopher T Metz, David Powers, John Merris, Nb Alternatives Advisers Llc and Somer Webb.
View institutional ownership trends
.

How do I buy shares of Solo Brands?

Shares of DTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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This page (NYSE:DTC) was last updated on 6/9/2024 by MarketBeat.com Staff

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