In last trading session, Solo Brands Inc (NYSE:DTC) saw 0.34 million shares changing hands with its beta currently measuring 2.59. Company’s recent per share price level of $1.97 trading at $0.09 or 4.79% at ring of the bell on the day assigns it a market valuation of $114.48M. That closing price of DTC’s stock is at a discount of -349.75% from its 52-week high price of $8.86 and is indicating a premium of 11.68% from its 52-week low price of $1.74. Taking a look at company’s average trading volume volume of 670.80K if we extend that period to 3-months.
Solo Brands Inc (NYSE:DTC) trade information
Upright in the green during last session for gaining 4.79%, in the last five days DTC remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $1.97 price level, adding 3.43% to its value on the day. Solo Brands Inc’s shares saw a change of -68.02% in year-to-date performance and have moved 4.79% in past 5-day. Solo Brands Inc (NYSE:DTC) showed a performance of 3.14% in past 30-days.
Solo Brands Inc (DTC) estimates and forecasts
Statistics highlight that Solo Brands Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -47.47% of value to its shares in past 6 months, showing an annual growth rate of -15.52% while that of industry is 17.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 79.28M for the same. And 7 analysts are in estimates of company making revenue of 127.14M in the next quarter. Company posted 85.9M and 130.93M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -56.72% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -18.79% while estimates for its earnings growth in next 5 years are of 11.60%.
DTC Dividends
Solo Brands Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
