Should I buy or sell Solo Brands stock right now?

5 Wall Street 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 analysts is that investors should "buy" DTC shares. View DTC analyst ratings or view top-rated stocks .

What is Solo Brands' stock price target for 2024?

5 brokers have issued 1 year price targets for Solo Brands' stock. Their DTC share price targets range from $8.00 to $11.00. On average, they predict the company's stock price to reach $9.75 in the next year. This suggests a possible upside of 87.1% 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 40.1% and is now trading at $5.21. 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 November. As of November 15th, there was short interest totaling 2,570,000 shares, an increase of 54.8% from the October 31st total of 1,660,000 shares. Based on an average daily trading volume, of 583,300 shares, the days-to-cover ratio is presently 4.4 days. Approximately 9.8% of the shares of the company 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, March 14th 2024. View our DTC earnings forecast .

How were Solo Brands' earnings last quarter?

Solo Brands, Inc. (NYSE:DTC) posted its quarterly earnings data on Thursday, May, 4th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.05 by $0.04. The business earned $88.21 million during the quarter, compared to analyst estimates of $81.46 million. Solo Brands had a net margin of 4.52% and a trailing twelve-month return on equity of 9.62%. During the same period in the prior year, the company posted $0.19 EPS.

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

Solo Brands issued an update on its FY 2023 earnings guidance on Tuesday, November, 7th. The company provided 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 $529.95 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.

Who are Solo Brands' major shareholders?

Solo Brands' stock is owned by a number of institutional and retail investors. Top institutional investors include American Century Companies Inc. (4.57%), Ameriprise Financial Inc. (0.83%), Hodges Capital Management Inc. (0.82%), First Dallas Securities Inc. (0.65%), Kennedy Capital Management LLC (0.58%) and Sei Investments Co. (0.53%). 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 .

Solo Brands Stock Price, News & Analysis (NYSE:DTC)

$5.22

-0.13 (-2.43%)

(As of 12/8/2023 ET)

Compare

Today's Range: $5.21
▼
$5.37
50-Day Range: $3.75
▼
$5.44
52-Week Range: $3.39
▼
$8.86

Volume: 282,406 shs
Average Volume: 555,955 shs
Market Capitalization: $474.24 million

P/E Ratio: 13.74
Dividend Yield: N/A
Price Target: $9.75

Solo Brands MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 87.1% Upside
$9.75 Price Target
Short Interest: Bearish
9.78% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.96
Based on 4 Articles This Week
Insider Trading: Selling Shares
$502,586 Sold Last Quarter
Proj. Earnings Growth: -3.85%
From $0.78 to $0.75 Per Share

Overall MarketRank^™

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

2.68 out of 5 stars

Consumer Cyclical Sector

21st out of 104 stocks

Internet Retail Industry

1st out of 8 stocks

3.5

Analyst's Opinion

Consensus Rating
Solo 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/Downside
According to analysts' consensus price target of $9.75, Solo Brands has a forecasted upside of 87.1% from its current price of $5.21.
Amount of Analyst Coverage
Solo Brands has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
9.78% of the float of Solo Brands has been sold short.
Short Interest Ratio / Days to Cover
Solo Brands has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in Solo Brands has recently increased by 54.82%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Solo Brands does not currently pay a dividend.
Dividend Growth
Solo Brands does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DTC.

3.9

News and Social Media Coverage

News Sentiment
Solo Brands has a news sentiment score of 0.96. 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 0.46 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Solo Brands this week, compared to 2 articles on an average week.
Search Interest
14 people have searched for DTC on MarketBeat in the last 30 days. This is an increase of 180% compared to the previous 30 days.
MarketBeat Follows
5 people have added Solo Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Solo Brands insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $502,586.00 in company stock.
Percentage Held by Insiders
Only 4.34% of the stock of Solo Brands is held by insiders.
Percentage Held by Institutions
75.38% of the stock of Solo Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Solo Brands are expected to decrease by -3.85% in the coming year, from $0.78 to $0.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Solo Brands is 13.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of Solo Brands is 13.71, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 293.54.
Price to Earnings Growth Ratio
Solo Brands has a PEG Ratio of 0.60. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Solo Brands has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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, 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

30 days | 90 days | 365 days | Advanced Chart

DTC Stock News Headlines

December 7, 2023 | morningstar.com

Solo Brands Inc DTC

December 7, 2023 | seekingalpha.com

Solo Brands: Just Getting Warmed Up

December 8, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.

December 7, 2023 | finance.yahoo.com

Does Solo Brands, Inc. (DTC) Have the Potential to Rally 88.54% as Wall Street Analysts Expect?

December 4, 2023 | finance.yahoo.com

DTC vs. MELI: Which Stock Should Value Investors Buy Now?

November 30, 2023 | finance.yahoo.com

Solo Brands, Inc. (DTC) Is Attractively Priced Despite Fast-paced Momentum

November 27, 2023 | msn.com

Solo Brands looks to ride Snoop Dogg publicity to sizzling holiday sales

November 24, 2023 | finance.yahoo.com

Solo Brands, Inc. (NYSE:DTC) Stock Rockets 44% But Many Are Still Ignoring The Company

December 8, 2023 | Edge On The Street (Ad)

Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?

A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.

November 22, 2023 | msn.com

Snoop Dogg Did Not Give Up Smoke: Rapper Explains Publicity Stunt

November 20, 2023 | finance.yahoo.com

This stove company just scored the best ad of the year (with Snoop Dogg's help)

November 20, 2023 | msn.com

Solo Brands Shares Are Heating Up: What's Going On?

November 20, 2023 | finance.yahoo.com

Snoop Dogg Goes Smokeless with Solo Stove

November 12, 2023 | finance.yahoo.com

Solo Brands, Inc. (NYSE:DTC) Q3 2023 Earnings Call Transcript

November 9, 2023 | seekingalpha.com

Solo Brands: A Microcap With Mega Potential

November 8, 2023 | finance.yahoo.com

Solo Brands CEO attributes strong Q3 to omnichannel approach

November 7, 2023 | markets.businessinsider.com

Solo Brands Shares Rise On Upbeat Q3 Results

November 7, 2023 | finance.yahoo.com

Solo Brands Third Quarter Profit Soars on Omnichannel Sales

November 7, 2023 | msn.com

Solo Brands Non-GAAP EPS of $0.28, revenue of $110.3M

November 7, 2023 | finance.yahoo.com

Solo Brands Inc (DTC) Q3 2023 Earnings: Net Sales and Net Income Surge

November 7, 2023 | finance.yahoo.com

Solo Brands Reports Strong Third Quarter Results

November 3, 2023 | msn.com

Solo Brands: Assessing The Company's Worth Ahead Of Upcoming Q3 Earnings

October 30, 2023 | finance.yahoo.com

PetMed (PETS) Reports Break-Even Earnings for Q2

October 25, 2023 | finance.yahoo.com

Solo Brands Announces CFO Transition and Third Quarter 2023 Earnings Results Conference Call

October 12, 2023 | finance.yahoo.com

SOLO STOVE MAKES ITS DEBUT IN THE 97TH MACY'S THANKSGIVING DAY PARADE®

October 11, 2023 | finance.yahoo.com

Chubbies and George Kittle Drop Round 2 of Their Exclusive Collaboration

September 26, 2023 | msn.com

Craig-Hallum Initiates Coverage of Solo Brands Inc - (DTC) with Buy Recommendation

See More Headlines

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Company Calendar

Last Earnings: 5/04/2023
Today: 12/08/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Internet Retail
Sub-Industry: N/A
Sector: Consumer Cyclical
Current Symbol: NYSE:DTC
CUSIP: N/A
CIK: 1870600
Web: www.solostove.com
Phone: 817-900-2664
Fax: N/A
Employees: 350
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.75
High Stock Price Target: $11.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +85.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.38
Trailing P/E Ratio: 13.82
Forward P/E Ratio: 6.73
P/E Growth: 0.6
Net Income: $-4,950,000.00
Net Margins: 4.52%
Pretax Margin: 6.92%
Return on Equity: 9.62%
Return on Assets: 6.40%

Debt

Debt-to-Equity Ratio: 0.27
Current Ratio: 2.95
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: $526.70 million
Price / Sales: 0.91
Cash Flow: $0.77 per share
Price / Cash Flow: 6.81
Book Value: $6.00 per share
Price / Book: 0.88

Miscellaneous

Outstanding Shares: 90,851,000
Free Float: 86,908,000
Market Cap: $476.97 million
Optionable: Not Optionable
Beta: 2.80

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Key Executives

Mr. John Merris (Age 40)
President, CEO & Director
Comp: $1.15M
Ms. Somer Webb (Age 44)
Chief Financial Officer
Comp: $722.13k
Mr. Matthew Scott Webb (Age 35)
Chief Operating Officer
Comp: $8.78M
Mr. Kent Roger Christensen (Age 43)
General Counsel
Comp: $368.12k
Mr. Michael Lee Studdard (Age 54)
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DTC Stock Analysis - Frequently Asked Questions

Should I buy or sell Solo Brands stock right now?: 5 Wall Street 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 analysts is that investors should "buy" DTC shares.
View DTC analyst ratings or view top-rated stocks.
What is Solo Brands' stock price target for 2024?: 5 brokers have issued 1 year price targets for Solo Brands' stock. Their DTC share price targets range from $8.00 to $11.00. On average, they predict the company's stock price to reach $9.75 in the next year. This suggests a possible upside of 87.1% 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 40.1% and is now trading at $5.21.
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 November. As of November 15th, there was short interest totaling 2,570,000 shares, an increase of 54.8% from the October 31st total of 1,660,000 shares. Based on an average daily trading volume, of 583,300 shares, the days-to-cover ratio is presently 4.4 days. Approximately 9.8% of the shares of the company 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, March 14th 2024.
View our DTC earnings forecast.
How were Solo Brands' earnings last quarter?: Solo Brands, Inc. (NYSE:DTC) posted its quarterly earnings data on Thursday, May, 4th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.05 by $0.04. The business earned $88.21 million during the quarter, compared to analyst estimates of $81.46 million. Solo Brands had a net margin of 4.52% and a trailing twelve-month return on equity of 9.62%. During the same period in the prior year, the company posted $0.19 EPS.

What guidance has Solo Brands issued on next quarter's earnings?: Solo Brands issued an update on its FY 2023 earnings guidance on Tuesday, November, 7th. The company provided 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 $529.95 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.
Who are Solo Brands' major shareholders?: Solo Brands' stock is owned by a number of institutional and retail investors. Top institutional investors include American Century Companies Inc. (4.57%), Ameriprise Financial Inc. (0.83%), Hodges Capital Management Inc. (0.82%), First Dallas Securities Inc. (0.65%), Kennedy Capital Management LLC (0.58%) and Sei Investments Co. (0.53%). 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.

This page (NYSE:DTC) was last updated on 12/8/2023 by MarketBeat.com Staff

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Solo Brands Stock Price, News & Analysis (NYSE:DTC)

Solo Brands MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Solo Brands Stock (NYSE:DTC)

DTC Stock Price History

DTC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

DTC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™