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S&P 500   4,205.45
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Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
WARNING TO ALL U.S. INVESTORS (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
Laser breakthrough could send stock soaring 2,467% (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
WARNING TO ALL U.S. INVESTORS (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
Laser breakthrough could send stock soaring 2,467% (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
WARNING TO ALL U.S. INVESTORS (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
Laser breakthrough could send stock soaring 2,467% (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
NYSE:DTC

Solo Brands (DTC) Stock Forecast, Price & News

$4.32
-0.46 (-9.62%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$4.31
$4.73
50-Day Range
$4.32
$8.45
52-Week Range
$3.39
$8.86
Volume
1.84 million shs
Average Volume
543,020 shs
Market Capitalization
$415.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Solo Brands MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
108.3% Upside
$9.00 Price Target
Short Interest
Bearish
7.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.60mentions of Solo Brands in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$31.28 M Sold Last Quarter
Proj. Earnings Growth
9.23%
From $0.65 to $0.71 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Retail/Wholesale Sector

38th out of 212 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

3rd out of 10 stocks


DTC stock logo

About Solo Brands (NYSE:DTC) Stock

Solo Brands, Inc. operates a direct-to-consumer platform that offers outdoor 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; grills, cook tops, and tools; 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. The company was founded in 2011 and is headquartered in Grapevine, Texas.

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DTC Stock News Headlines

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Solo Brands (NYSE:DTC) Shares Gap Down to $6.91
Solo Brands Acquires TerraFlame For Undisclosed Sum
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Blazing Ahead: Solo Brands Acquires TerraFlame
Solo Brands acquired TerraFlame
Solo Brands: Q1 Earnings Insights
Solo Brands Delivers Strong First Quarter Results
See More Headlines
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DTC Company Calendar

Last Earnings
5/04/2023
Today
5/29/2023
Next Earnings (Estimated)
8/10/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$9.00
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+108.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-4,950,000.00
Pretax Margin
-0.24%

Debt

Sales & Book Value

Annual Sales
$517.63 million
Cash Flow
$0.79 per share
Book Value
$6.00 per share

Miscellaneous

Free Float
92,077,000
Market Cap
$415.80 million
Optionable
Not Optionable
Beta
2.44

Key Executives

  • Mr. John MerrisMr. John Merris (Age 40)
    Pres, CEO & Director
    Comp: $631.78k
  • Mr. Kent Roger Christensen (Age 43)
    Gen. Counsel
    Comp: $368.12k
  • Ms. Somer Webb (Age 44)
    Chief Financial Officer
  • Mr. Matthew Scott Webb (Age 35)
    Chief Operating Officer
  • Mr. Michael Lee Studdard (Age 54)
    Chief People Officer
  • Mr. Kyle G. Hency
    Chief Strategy Officer
  • Mr. Thomas Greene Montgomery (Age 36)
    Chief Digital Officer
  • Mr. Rainer Castillo (Age 37)
    Chief Product Officer
  • Mr. Clint Mickle
    Exec. VP of Strategy and M&A













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 twelve months. 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 12 month price objectives for Solo Brands' shares. Their DTC share price forecasts range from $7.00 to $11.00. On average, they expect the company's share price to reach $9.00 in the next year. This suggests a possible upside of 108.3% 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 start of the year. Since then, DTC stock has increased by 16.1% and is now trading at $4.32.
View the best growth stocks for 2023 here
.

Are investors shorting Solo Brands?

Solo Brands saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,440,000 shares, an increase of 75.5% from the April 30th total of 1,390,000 shares. Based on an average daily trading volume, of 687,500 shares, the short-interest ratio is presently 3.5 days. Approximately 7.6% of the shares of the stock are sold short.
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 10th 2023.
View our DTC earnings forecast
.

How were Solo Brands' earnings last quarter?

Solo Brands, Inc. (NYSE:DTC) issued its quarterly earnings data on Thursday, May, 4th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.04. The business had revenue of $88.21 million for the quarter, compared to analyst estimates of $81.46 million. Solo Brands had a positive trailing twelve-month return on equity of 11.30% and a negative net margin of 0.38%. During the same period last year, the business earned $0.19 EPS.

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

Solo Brands updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $520.00 million-$540.00 million, compared to the consensus revenue estimate of $539.44 million.

When did Solo Brands IPO?

(DTC) raised $200 million in an IPO on Thursday, October 28th 2021. The company issued 12,903,225 shares at a price of $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 many different retail and institutional investors. Top institutional investors include American Century Companies Inc. (2.26%), BlackRock Inc. (1.32%), Wasatch Advisors LP (1.04%), Geode Capital Management LLC (0.43%), State Street Corp (0.32%) and Blair William & Co. IL (0.29%). 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 $4.32.

How much money does Solo Brands make?

Solo Brands (NYSE:DTC) has a market capitalization of $415.80 million and generates $517.63 million in revenue each year. The company earns $-4,950,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis.

How many employees does Solo Brands have?

The company employs 300 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 5/29/2023 by MarketBeat.com Staff

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