Solo Brands Inc (NYSE: DTC) closed the day trading at $1.82 down -4.21% from the previous closing price of $1.90. On the day, 546650 shares were traded.
Ratios:
For a better understanding of DTC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.70.
On January 10, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $12 to $4.
Citigroup Downgraded its Buy to Neutral on January 10, 2024, whereas the target price for the stock was revised from $10 to $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when METZ CHRISTOPHER T bought 100,000 shares for $2.27 per share. The transaction valued at 226,560 led to the insider holds 100,000 shares of the business.
Webb Somer sold 115,537 shares of DTC for $502,725 on Nov 09 ’23. The Chief Financial Officer now owns 58,793 shares after completing the transaction at $4.35 per share. On May 16 ’23, another insider, NB Alternatives Advisers LLC, who serves as the 10% Owner of the company, sold 6,255,595 shares for $5.00 each. As a result, the insider received 31,277,975 and left with 627,286 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.44.
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 $1.88.
Shares Statistics:
A total of 57.95M shares are outstanding, with a floating share count of 27.66M. Insiders hold about 52.41% of the company’s shares, while institutions hold 48.20% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from BTC analysts. The consensus estimate for the next quarter is $177.85, with high estimates of $105.52 and low estimates of $20.11.
Analysts are recommending an EPS of between $Utilities and $Technology for the fiscal current year, implying an average EPS of $Technology.
