In the last trading session, 5.04 million Solo Brands Inc (NYSE:DTC) shares changed hands as the company’s beta touched 2.86. With the company’s per share price at $0.24 changed hands at $0.02 or 7.05% during last session, the market valuation stood at $21.73M. DTC’s last price was a discount, traded about -970.83% off its 52-week high of $2.57. The share price had its 52-week low at $0.20, which suggests the last value was 16.67% up since then. When we look at Solo Brands Inc’s average trading volume, we note the 10-day average is 1.69 million shares, with the 3-month average coming to 433.37K.
Analysts gave the Solo Brands Inc (DTC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended DTC as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. Solo Brands Inc’s EPS for the current quarter is expected to be -0.03.
Solo Brands Inc (NYSE:DTC) trade information
Instantly DTC was in green as seen at the end of in last trading. With action -66.64%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -79.34%, with the 5-day performance at -66.64% in the red. However, in the 30-day time frame, Solo Brands Inc (NYSE:DTC) is -73.86% down. Looking at the short shares, we see there were 2.78 million shares sold at short interest cover period of 10.5 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 92.0% from its current market value. According to analyst projections, DTC’s forecast low is 1.35 with 11 as the target high. To hit the forecast high, the stock’s price needs a -4483.33% plunge from its current level, while the stock would need to soar -462.5% for it to hit the projected low.
Solo Brands Inc (DTC) estimates and forecasts
Year-over-year growth is forecast to reach -3.26% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 80.03M. 2 analysts are of the opinion that Solo Brands Inc’s revenue for the current quarter will be 125.5M. The company’s revenue for the corresponding quarters a year ago was 85.32M and 131.55M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -6.20%. The estimates for the next quarter sales put growth at -4.60%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -44.79%. The 2025 estimates are for Solo Brands Inc earnings to decrease by -141.67%.
DTC Dividends
Solo Brands Inc is expected to release its next quarterly earnings report on 2025-Mar-11.
Solo Brands Inc (NYSE:DTC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.09% of Solo Brands Inc shares while 107.34% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 109.62%. There are 107.34% institutions holding the Solo Brands Inc stock share, with SUMMIT PARTNERS L P the top institutional holder. As of 2024-06-30, the company held 75.5433% of the shares, roughly 44.03 million DTC shares worth $100.4 million.
AMERICAN CENTURY COMPANIES INC holds the second largest percentage of outstanding shares, with 9.5405% or 5.56 million shares worth $12.68 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were American Century Small Cap Value Fund and Vanguard Total Stock Market Index Fund . With 4.49 shares estimated at $1.06 million under it, the former controlled 7.66% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.53% of the shares, roughly 893.93 shares worth around $0.21 million.
