NYSE:DTC Solo Brands (DTC) Stock Forecast, Price & News $4.51 +0.02 (+0.45%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$4.41▼$4.5550-Day Range$4.46▼$6.4052-Week Range$3.39▼$8.86Volume350,071 shsAverage Volume495,757 shsMarket Capitalization$407.97 millionP/E Ratio16.11Dividend YieldN/APrice Target$9.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Solo Brands MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside110.6% Upside$9.50 Price TargetShort InterestBearish5.26% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth43.55%From $0.62 to $0.89 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.94 out of 5 starsRetail/Wholesale Sector22nd out of 189 stocksSporting & Athletic Goods, Not Elsewhere Classified Industry3rd out of 9 stocks 3.5 Analyst's Opinion Consensus RatingSolo Brands has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.50, Solo Brands has a forecasted upside of 110.6% from its current price of $4.51.Amount of Analyst CoverageSolo Brands has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.26% of the float of Solo Brands has been sold short.Short Interest Ratio / Days to CoverSolo Brands has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Solo Brands has recently increased by 12.32%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSolo Brands does not currently pay a dividend.Dividend GrowthSolo Brands does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DTC. Previous Next 2.3 News and Social Media Coverage News SentimentSolo Brands has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 1 news article for Solo Brands this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for DTC on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Solo Brands to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Solo Brands insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.93% of the stock of Solo Brands is held by insiders.Percentage Held by Institutions75.38% of the stock of Solo Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 5.0 Earnings and Valuation Earnings GrowthEarnings for Solo Brands are expected to grow by 43.55% in the coming year, from $0.62 to $0.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Solo Brands is 16.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Solo Brands is 16.11, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.72.Price to Earnings Growth RatioSolo Brands has a PEG Ratio of 0.62. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSolo Brands has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Solo Brands (NYSE:DTC) StockSolo 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, 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.Read More DTC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DTC Stock News HeadlinesSeptember 18, 2023 | americanbankingnews.comSolo Brands, Inc. (NYSE:DTC) Short Interest Up 12.3% in AugustSeptember 12, 2023 | tmcnet.comSolo Brands Partners with Locus Robotics to Optimize Order Fulfillment EfficiencySeptember 23, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 12, 2023 | finance.yahoo.comSolo Brands, Inc. Announces Participation in the Piper Sandler Growth Frontiers ConferenceAugust 23, 2023 | finance.yahoo.comSolo Brands, Inc.'s (NYSE:DTC) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?August 17, 2023 | msn.comSolo Brands: Further Upside AheadAugust 17, 2023 | msn.comSolo Brands: Stellar Growth Expected, Eyeing The ConsumerAugust 17, 2023 | markets.businessinsider.comAnalysts Are Bullish on These NA Stocks: Savers Value Village Inc. (SVV), Solo Brands Inc Class A (DTC)September 23, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...August 9, 2023 | finance.yahoo.comSolo Stove Fires Up 891 S'mores to Break World Record in Celebration of National S'mores DayAugust 9, 2023 | benzinga.comGenerational Equity Advises IcyBreeze Cooling in its Acquisition by Solo BrandsAugust 6, 2023 | forbes.comSolo Brands Expands Wholesale, Leveling Seasonality And Creating New DTC CustomersAugust 4, 2023 | finance.yahoo.comQ2 2023 Solo Brands Inc Earnings CallAugust 3, 2023 | finance.yahoo.comSolo Brands Second Quarter Wholesale Revenue Surges 57%August 3, 2023 | finance.yahoo.comSolo Brands CEO: Innovation on the way for Black Friday, Cyber MondayAugust 3, 2023 | finance.yahoo.comSolo Brands Reports Strong Second Quarter ResultsAugust 3, 2023 | finance.yahoo.comSolo Brands, Inc. (DTC) Tops Q2 Earnings EstimatesJuly 27, 2023 | finance.yahoo.comIndividual investors own 24% of Solo Brands, Inc. (NYSE:DTC) shares but private equity firms control 51% of the companyJuly 20, 2023 | finance.yahoo.comSolo Brands, Inc. Second Quarter Fiscal 2023 Financial Results To Be Released Thursday, August 3, 2023July 3, 2023 | msn.comSolo Brands, Inc. (DTC) Stock Sinks As Market Gains: What You Should KnowJuly 3, 2023 | finance.yahoo.comIn Case You Missed It: Plenty of PodcastsJune 27, 2023 | finance.yahoo.comSolo Brands, Inc. (DTC) Gains As Market Dips: What You Should KnowJune 21, 2023 | finance.yahoo.comSolo Brands, Inc. (DTC) Dips More Than Broader Markets: What You Should KnowJune 9, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in Solo Brands (DTC) Stock?June 7, 2023 | finance.yahoo.comChubbies Launches George Kittle Limited Edition CollectionJune 5, 2023 | finance.yahoo.comPODCAST: This Company Is Not Going 'Solo'June 2, 2023 | finance.yahoo.comSolo Brands (NYSE:DTC shareholders incur further losses as stock declines 12% this week, taking one-year losses to 24%See More Headlines Receive DTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Solo Brands and its competitors with MarketBeat's FREE daily newsletter. Email Address DTC Company Calendar Last Earnings8/03/2023Today9/23/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Sporting & athletic goods, not elsewhere classified Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNYSE:DTC CUSIPN/A CIK1870600 Webwww.solostove.com Phone817-900-2664FaxN/AEmployees350Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.50 High Stock Price Forecast$11.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+110.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.28 Trailing P/E Ratio16.11 Forward P/E Ratio7.27 P/E Growth0.62Net Income$-4,950,000.00 Net Margins3.37% Pretax Margin6.66% Return on Equity9.11% Return on Assets5.98% Debt Debt-to-Equity Ratio0.23 Current Ratio3.10 Quick Ratio1.44 Sales & Book Value Annual Sales$517.63 million Price / Sales0.79 Cash Flow$0.79 per share Price / Cash Flow5.68 Book Value$6.00 per share Price / Book0.75Miscellaneous Outstanding Shares90,460,000Free Float86,004,000Market Cap$407.97 million OptionableNot Optionable Beta2.63 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. John Merris (Age 40)Pres, CEO & Director Comp: $1.15MMs. Somer Webb (Age 44)Chief Financial Officer Comp: $722.13kMr. Thomas Greene Montgomery (Age 36)Chief Digital Officer Comp: $1.18MMr. Rainer Castillo (Age 37)Chief Product Officer Comp: $1.25MMr. Matthew Scott Webb (Age 35)Chief Operating Officer Mr. Kent Roger Christensen (Age 43)Gen. Counsel Mr. Michael Lee Studdard (Age 54)Chief People Officer Mr. Kyle G. HencyChief Strategy OfficerMr. Clint MickleExec. VP of Strategy and M&AMore ExecutivesKey CompetitorsGEN Restaurant GroupNASDAQ:GENKBuild-A-Bear WorkshopNYSE:BBWDingdong (Cayman)NYSE:DDLGenescoNYSE:GCONewegg CommerceNASDAQ:NEGGView All CompetitorsInsiders & InstitutionsBarclays PLCSold 6,841 shares on 9/21/2023Ownership: 0.005%Nuveen Asset Management LLCBought 113,100 shares on 8/16/2023Ownership: 0.158%Citadel Advisors LLCBought 11,300 shares on 8/15/2023Ownership: 0.000%Royal Bank of CanadaBought 11,272 shares on 8/15/2023Ownership: 0.015%Wells Fargo & Company MNSold 10,713 shares on 8/15/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions DTC Stock - Frequently Asked Questions Should I buy or sell Solo Brands stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Solo Brands in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DTC shares. View DTC analyst ratings or view top-rated stocks. What is Solo Brands' stock price forecast for 2023? 5 brokerages have issued 1 year price targets for Solo Brands' stock. Their DTC share price forecasts range from $7.00 to $11.00. On average, they expect the company's share price to reach $9.50 in the next twelve months. This suggests a possible upside of 110.6% 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 2023? Solo Brands' stock was trading at $3.72 at the beginning of the year. Since then, DTC stock has increased by 21.2% and is now trading at $4.51. View the best growth stocks for 2023 here. Are investors shorting Solo Brands? Solo Brands saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,550,000 shares, an increase of 12.3% from the August 15th total of 1,380,000 shares. Based on an average daily volume of 496,800 shares, the days-to-cover ratio is presently 3.1 days. Currently, 5.3% of the company's shares 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, November 9th 2023. View our DTC earnings forecast. How were Solo Brands' earnings last quarter? Solo Brands, Inc. (NYSE:DTC) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.03. The business had revenue of $130.93 million for the quarter, compared to analysts' expectations of $131.37 million. Solo Brands had a trailing twelve-month return on equity of 9.11% and a net margin of 3.37%. What guidance has Solo Brands issued on next quarter's earnings? Solo Brands updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $520.00 million-$540.00 million, compared to the consensus revenue estimate of $539.40 million. When did Solo Brands IPO? (DTC) raised $200 million in an initial public offering on Thursday, October 28th 2021. The company issued 12,903,225 shares at $14.00-$17.00 per share. What is Solo Brands' stock symbol? Solo Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "DTC." Who are Solo Brands' major shareholders? Solo Brands' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Marshall Wace LLP (1.44%), BlackRock Inc. (1.34%), Hodges Capital Management Inc. (1.29%), Bertram Growth Capital III GPLLC L.L.C. (1.11%), RK Capital Management LLC (1.08%) and Polar Asset Management Partners Inc. (0.77%). Insiders that own company stock include 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Solo Brands' stock price today? One share of DTC stock can currently be purchased for approximately $4.51. How much money does Solo Brands make? Solo Brands (NYSE:DTC) has a market capitalization of $407.97 million and generates $517.63 million in revenue each year. The company earns $-4,950,000.00 in net income (profit) each year or $0.28 on an earnings per share basis. How many employees does Solo Brands have? The company employs 350 workers across the globe. How can I contact Solo Brands? The official website for the company is www.solostove.com. The company can be reached via phone at 817-900-2664 or via email at investors@solobrands.com. This page (NYSE:DTC) was last updated on 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Solo Brands, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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