As of close of business last night, Solo Brands Inc.’s stock clocked out at $5.05, down -1.37% from its previous closing price of $5.12. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 503476 shares were traded. DTC stock price reached its highest trading level at $5.26 during the session, while it also had its lowest trading level at $5.03.
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To gain a deeper understanding of DTC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.28.
Upgrades & Downgrades
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 16 when NB Alternatives Advisers LLC sold 6,255,595 shares for $5.00 per share. The transaction valued at 31,277,975 led to the insider holds 627,286 shares of the business.
BERTRAM GROWTH CAPITAL III, L. sold 4,903,450 shares of DTC for $24,517,250 on May 16. The 10% Owner now owns 491,697 shares after completing the transaction at $5.00 per share. On May 16, another insider, BERTRAM GROWTH CAPITAL III ANN, who serves as the 10% Owner of the company, sold 3,603,064 shares for $5.00 each. As a result, the insider received 18,015,320 and left with 361,301 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DTC now has a Market Capitalization of 453.96M and an Enterprise Value of 544.05M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 1.04 whereas that against EBITDA is 8.66.
Stock Price History:
Over the past 52 weeks, DTC has reached a high of $8.86, while it has fallen to a 52-week low of $3.39. The 50-Day Moving Average of the stock is 7.00, while the 200-Day Moving Average is calculated to be 4.99.
It appears that DTC traded 708.87K shares on average per day over the past three months and 1.59M shares per day over the past ten days. A total of 63.67M shares are outstanding, with a floating share count of 63.36M. Insiders hold about 0.40% of the company’s shares, while institutions hold 117.79% stake in the company. Shares short for DTC as of Apr 27, 2023 were 1.39M with a Short Ratio of 1.39M, compared to 1.1M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.18% and a Short% of Float of 9.34%.
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.23 for the current quarter, with a high estimate of $0.33 and a low estimate of $0.18, while EPS last year was $0.4. The consensus estimate for the next quarter is $0.15, with high estimates of $0.33 and low estimates of $0.06.
Analysts are recommending an EPS of between $1.07 and $0.97 for the fiscal current year, implying an average EPS of $1.02. EPS for the following year is $1.14, with 6 analysts recommending between $1.25 and $0.88.
In the current quarter, 5 analysts expect revenue to total $129.94M. It ranges from a high estimate of $136M to a low estimate of $120.58M. As of the current estimate, Solo Brands Inc.’s year-ago sales were $136.02M, an estimated decrease of -4.50% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $109.83M, an increase of 29.00% over than the figure of -$4.50% in the same quarter last year. There is a high estimate of $119.2M for the next quarter, whereas the lowest estimate is $105.9M.
A total of 6 analysts have provided revenue estimates for DTC’s current fiscal year. The highest revenue estimate was $546M, while the lowest revenue estimate was $526.71M, resulting in an average revenue estimate of $539.14M. In the same quarter a year ago, actual revenue was $517.63M, up 4.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $608.09M in the next fiscal year. The high estimate is $629.4M and the low estimate is $585M. The average revenue growth estimate for next year is up 12.80% from the average revenue estimate for this year.