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After finishing at $0.22 in the prior trading day, Solo Brands Inc (NYSE: DTC) closed at $0.24, up 7.05%. In other words, the price has increased by $7.05 from its previous closing price. On the day, 5.04 million shares were traded. DTC stock price reached its highest trading level at $0.2726 during the session, while it also had its lowest trading level at $0.2276.
Ratios:
Our goal is to gain a better understanding of DTC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.23.
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 Aug 12 ’24 when METZ CHRISTOPHER T bought 134,826 shares for $1.30 per share. The transaction valued at 175,274 led to the insider holds 500,000 shares of the business.
METZ CHRISTOPHER T bought 115,174 shares of DTC for $149,530 on Aug 09 ’24. The President & CEO now owns 365,174 shares after completing the transaction at $1.30 per share. On Jun 11 ’24, another insider, METZ CHRISTOPHER T, who serves as the President & CEO of the company, bought 52,366 shares for $1.94 each. As a result, the insider paid 101,721 and bolstered with 152,366 shares of the company.
Valuation Measures:
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 13938420 and an Enterprise Value of 244431424. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 0.538 whereas that against EBITDA is 24.058.
Stock Price History:
The Beta on a monthly basis for DTC is 2.86, which has changed by -0.8837438 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, DTC has reached a high of $2.57, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -73.76%, while the 200-Day Moving Average is calculated to be -83.38%.
Shares Statistics:
The stock has traded on average 433.37K shares per day over the past 3-months and 1688840 shares per day over the last 10 days, according to various share statistics. A total of 58.80M shares are outstanding, with a floating share count of 27.70M. Insiders hold about 53.20% of the company’s shares, while institutions hold 30.20% stake in the company. Shares short for DTC as of 1740700800 were 2777559 with a Short Ratio of 6.41, compared to 1738281600 on 2279012. Therefore, it implies a Short% of Shares Outstanding of 2777559 and a Short% of Float of 9.7799994.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
A comprehensive evaluation of Solo Brands Inc (DTC) is underway, with the input of 3.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.02, with high estimates of $0.04 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.1 and -$0.24 for the fiscal current year, implying an average EPS of -$0.05. EPS for the following year is $0.16, with 2.0 analysts recommending between $0.2 and $0.11.
Revenue Estimates
3 analysts predict $80.03M in revenue for the current quarter. It ranges from a high estimate of $84M to a low estimate of $75M. As of the current estimate, Solo Brands Inc’s year-ago sales were $85.32MFor the next quarter, 3 analysts are estimating revenue of $125.5M. There is a high estimate of $129M for the next quarter, whereas the lowest estimate is $122M.
A total of 3 analysts have provided revenue estimates for DTC’s current fiscal year. The highest revenue estimate was $450.4M, while the lowest revenue estimate was $425M, resulting in an average revenue estimate of $439.73M. In the same quarter a year ago, actual revenue was $454.55MBased on 2 analysts’ estimates, the company’s revenue will be $461.1M in the next fiscal year. The high estimate is $465.9M and the low estimate is $456.3M.
