NYSE:DTC Solo Brands (DTC) Stock Forecast, Price & News $4.32 -0.46 (-9.62%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$4.31▼$4.7350-Day Range$4.32▼$8.4552-Week Range$3.39▼$8.86Volume1.84 million shsAverage Volume543,020 shsMarket Capitalization$415.80 millionP/E RatioN/ADividend YieldN/APrice Target$9.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Solo Brands MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside108.3% Upside$9.00 Price TargetShort InterestBearish7.56% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.60Based on 2 Articles This WeekInsider TradingSelling Shares$31.28 M Sold Last QuarterProj. Earnings Growth9.23%From $0.65 to $0.71 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.2.61 out of 5 starsRetail/Wholesale Sector38th out of 212 stocksSporting & Athletic Goods, Not Elsewhere Classified Industry3rd out of 10 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 $9.00, Solo Brands has a forecasted upside of 108.3% from its current price of $4.32.Amount of Analyst CoverageSolo Brands has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.56% 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 3.5, 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 75.54%, 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 1.4 News and Social Media Coverage News SentimentSolo Brands has a news sentiment score of 0.60. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Solo Brands this week, compared to 2 articles on an average week.Search InterestOnly 23 people have searched for DTC on MarketBeat in the last 30 days. This is a decrease of -34% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Solo Brands to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Solo Brands insiders have sold 30,992.97% more of their company's stock than they have bought. Specifically, they have bought $100,595.00 in company stock and sold $31,277,975.00 in company stock.Percentage Held by InsidersOnly 4.34% of the stock of Solo Brands is held by insiders.Percentage Held by Institutions78.25% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Solo Brands are expected to grow by 9.23% in the coming year, from $0.65 to $0.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Solo Brands is -144.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Solo Brands is -144.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioSolo Brands has a PEG Ratio of 0.49. 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 0.72. 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 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.Read More 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 Stock News HeadlinesMay 22, 2023 | finance.yahoo.comSolo Brands to Participate in Fireside Chat at SHARE Series EventMay 14, 2023 | americanbankingnews.comTraders Purchase Large Volume of Put Options on Solo Brands (NYSE:DTC)May 29, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 13, 2023 | americanbankingnews.comSolo Brands (NYSE:DTC) Shares Gap Down to $6.91May 12, 2023 | markets.businessinsider.comSolo Brands Acquires TerraFlame For Undisclosed SumMay 12, 2023 | msn.comSolo Brands down 10%, prices 11.3M share secondary offeringMay 12, 2023 | finance.yahoo.comSolo Brands' acquisition of TerraFlame presents a 'year-round flame opportunity': CEOMay 12, 2023 | msn.comWhy Solo Brands Shares Are Plunging TodayMay 29, 2023 | Stocks To Trade (Ad)3 Free Stock Picks per DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 12, 2023 | msn.comUnusual Put Option Trade in Solo Brands Inc - (DTC) Worth $345.24KMay 11, 2023 | msn.comUnusual Put Option Trade in Solo Brands Inc - (DTC) Worth $510.12KMay 11, 2023 | finance.yahoo.comSolo Brands, Inc. Announces Pricing of Secondary Offering of Class A Common StockMay 11, 2023 | marketwatch.comSolo Brands Shares Fall as Bertram Capital, Neuberger Berman Shed Stakes >DTCMay 11, 2023 | finance.yahoo.comBlazing Ahead: Solo Brands Acquires TerraFlameMay 11, 2023 | msn.comSolo Brands acquired TerraFlameMay 11, 2023 | finance.yahoo.comSolo Brands, Inc. Announces Secondary Offering of Class A Common StockMay 9, 2023 | finance.yahoo.comIs It Worth Investing in Solo Brands, Inc. (DTC) Based on Wall Street's Bullish Views?May 9, 2023 | americanbankingnews.comSolo Brands (NYSE:DTC) Given New $10.00 Price Target at CitigroupMay 8, 2023 | msn.comCitigroup Maintains Solo Brands Inc - (DTC) Buy RecommendationMay 8, 2023 | finance.yahoo.comDTC vs. MELI: Which Stock Is the Better Value Option?May 6, 2023 | finance.yahoo.comSolo Brands, Inc. (NYSE:DTC) Just Reported And Analysts Have Been Lifting Their Price TargetsMay 6, 2023 | americanbankingnews.comSolo Brands (NYSE:DTC) Sets New 1-Year High After Better-Than-Expected EarningsMay 4, 2023 | msn.comSolo Brands: Q1 Earnings InsightsMay 4, 2023 | finance.yahoo.comSolo Brands Delivers Strong First Quarter ResultsMay 4, 2023 | finance.yahoo.comSolo Brands, Inc. (DTC) Surpasses Q1 Earnings and Revenue EstimatesMay 4, 2023 | finance.yahoo.comSolo Brands Shares Rise on Strong First Quarter Revenue, Guidance ReaffirmationMay 3, 2023 | msn.comSolo Brands (DTC) to Report Q1 Earnings: What's in Store?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings5/04/2023Today5/29/2023Next Earnings (Estimated)8/10/2023Fiscal 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/AEmployees300Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.03) Trailing P/E RatioN/A Forward P/E Ratio6.65 P/E Growth0.49Net Income$-4,950,000.00 Net Margins-0.38% Pretax Margin-0.24% Return on Equity11.30% Return on Assets7.37% Debt Debt-to-Equity Ratio0.18 Current Ratio3.31 Quick Ratio1.00 Sales & Book Value Annual Sales$517.63 million Price / Sales0.80 Cash Flow$0.79 per share Price / Cash Flow5.46 Book Value$6.00 per share Price / Book0.72Miscellaneous Outstanding Shares96,250,000Free Float92,077,000Market Cap$415.80 million OptionableNot Optionable Beta2.44 Key ExecutivesMr. John Merris (Age 40)Pres, CEO & Director Comp: $631.78kMr. Kent Roger Christensen (Age 43)Gen. Counsel Comp: $368.12kMs. 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. HencyChief Strategy OfficerMr. Thomas Greene Montgomery (Age 36)Chief Digital Officer Mr. Rainer Castillo (Age 37)Chief Product Officer Mr. Clint MickleExec. VP of Strategy and M&AMore ExecutivesKey CompetitorsDesigner BrandsNYSE:DBINewegg CommerceNASDAQ:NEGGBiglariNYSE:BHHaverty Furniture CompaniesNYSE:HVTAmerica's Car-MartNASDAQ:CRMTView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 4,396 shares on 5/18/2023Ownership: 0.017%Nb Alternatives Advisers LlcSold 6,255,595 sharesTotal: $31.28 M ($5.00/share)Geode Capital Management LLCBought 14,407 shares on 5/16/2023Ownership: 0.431%State Street CorpBought 9,457 shares on 5/16/2023Ownership: 0.322%Jane Street Group LLCBought 72,414 shares on 5/16/2023Ownership: 0.075%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 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 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. 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