In last trading session, Solo Brands Inc (NYSE:DTC) saw 6.81 million shares changing hands with its beta currently measuring 2.41. Company’s recent per share price level of $0.24 trading at -$0.41 or -62.87% at ring of the bell on the day assigns it a market valuation of $22.29M. That closing price of DTC’s stock is at a discount of -970.83% from its 52-week high price of $2.57 and is indicating a discount of -166.67% from its 52-week low price of $0.64. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.96 million shares which gives us an average trading volume of 274.26K if we extend that period to 3-months.
For Solo Brands Inc (DTC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 11 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.0 in the current quarter.
Solo Brands Inc (NYSE:DTC) trade information
Upright in the red during last session for losing -62.87%, in the last five days DTC remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $0.24 price level, adding 67.83% to its value on the day. Solo Brands Inc’s shares saw a change of -78.67% in year-to-date performance and have moved -67.01% in past 5-day. Solo Brands Inc (NYSE:DTC) showed a performance of -74.70% in past 30-days. Number of shares sold short was 2.78 million shares which calculate 10.5 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 92.0% to its current value. Analysts have been projecting 1.35 as a low price target for the stock while placing it at a high target of 11. It follows that stock’s current price would drop -462.5% in reaching the projected high whereas dropping to the targeted low would mean a loss of -462.5% for stock’s current value.
Solo Brands Inc (DTC) estimates and forecasts
This year revenue growth is estimated to fall -1.64% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 82.7M for the same. And 2 analysts are in estimates of company making revenue of 127.5M in the next quarter. Company posted 85.32M and 131.55M 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.
Solo Brands Inc (NYSE:DTC)’s Major holders
Insiders are in possession of 2.11% of company’s total shares while institution are holding 108.50 percent of that, with stock having share float percentage of 110.83%. Investors also watch the number of corporate investors in a company very closely, which is 108.50% institutions for Solo Brands Inc that are currently holding shares of the company. SUMMIT PARTNERS L P is the top institutional holder at DTC for having 44.03 million shares of worth $100.4 million. And as of 2024-06-30, it was holding 75.5433 of the company’s outstanding shares.
The second largest institutional holder is AMERICAN CENTURY COMPANIES INC, which was holding about 5.56 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.5405 of outstanding shares, having a total worth of $12.68 million.
