Solo Brands Inc (NYSE:DTC) has a beta value of 2.41 and has seen 1.19 million shares traded in the recent trading session. The company, currently valued at $37.22M, closed the recent trade at $0.41 per share which meant it lost -$0.24 on the day or -38.00% during that session. The DTC stock price is -526.83% off its 52-week high price of $2.57 and -56.1% below the 52-week low of $0.64. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.29 million shares traded. The 3-month trading volume is 274.26K shares.
The consensus among analysts is that Solo Brands Inc (DTC) is Buy stock at the moment, with a recommendation rating of 2.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 11 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.01.
Solo Brands Inc (NYSE:DTC) trade information
Sporting -38.00% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DTC stock price touched $0.41 or saw a rise of 45.04%. Year-to-date, Solo Brands Inc shares have moved -64.38%, while the 5-day performance has seen it change -44.91%. Over the past 30 days, the shares of Solo Brands Inc (NYSE:DTC) have changed -57.76%. Short interest in the company has seen 2.78 million shares shorted with days to cover at 10.5.
Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 86.33% from the levels at last check today. The projected low price target is $1.35 while the price target rests at a high of $11.0. In that case, then, we find that the latest price level in today’s session is -2582.93% off the targeted high while a plunge would see the stock gain -229.27% from the levels at last check today.
Solo Brands Inc (DTC) estimates and forecasts
The company’s shares have lost -71.20% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 6.21%.
3 analysts offering their estimates for the company have set an average revenue estimate of 85M for the current quarter. 3 have an estimated revenue figure of 129.33M for the next ending quarter. Year-ago sales stood 85.32M and 131.55M respectively for this quarter and the next, and analysts expect sales will shrink by -0.38% for the current quarter and 6.21% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -56.72% over the past 5 years. Earnings growth for 2025 is a modest 41.67% while over the next 5 years, the company’s earnings are expected to increase by 38.67%.
DTC Dividends
Solo Brands Inc is expected to release its next earnings report on 2025-Mar-11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Solo Brands Inc (NYSE:DTC)’s Major holders
Insiders own 2.11% of the company shares, while shares held by institutions stand at 108.50% with a share float percentage of 110.83%. Investors are also buoyed by the number of investors in a company, with Solo Brands Inc having a total of 118.0 institutions that hold shares in the company. The top two institutional holders are SUMMIT PARTNERS L P with over 44.03 million shares worth more than $100.4 million. As of 2024-06-30, SUMMIT PARTNERS L P held 75.5433% of shares outstanding.
The other major institutional holder is AMERICAN CENTURY COMPANIES INC, with the holding of over 5.56 million shares as of 2024-06-30. The firm’s total holdings are worth over $12.68 million and represent 9.5405% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are American Century Small Cap Value Fund and Vanguard Total Stock Market Index Fund. As of Dec 31, 2024, the former fund manager holds about 7.66% shares in the company for having 4.49 shares of worth $1.73 million while later fund manager owns 893.93 shares of worth $0.34 million as of Dec 31, 2024, which makes it owner of about 1.53% of company’s outstanding stock.
