In the past week, DTC stock has gone up by 16.25%, with a monthly gain of 28.11% and a quarterly plunge of -15.85%. The volatility ratio for the week is 5.76%, and the volatility levels for the last 30 days are 6.09% for Solo Brands Inc The simple moving average for the last 20 days is 22.49% for DTC stock, with a simple moving average of -5.35% for the last 200 days.
Is It Worth Investing in Solo Brands Inc (NYSE: DTC) Right Now?
Solo Brands Inc (NYSE: DTC) has a price-to-earnings ratio of 13.59x that is above its average ratio. Additionally, the 36-month beta value for DTC is 2.67. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for DTC is $9.40, which is $4.25 above the current price. The public float for DTC is 26.28M and currently, short sellers hold a 6.30% ratio of that float. The average trading volume of DTC on November 20, 2023 was 541.82K shares.
DTC) stock’s latest price update
The stock of Solo Brands Inc (NYSE: DTC) has increased by 10.75 when compared to last closing price of 4.65. Despite this, the company has experienced a 16.25% gain in its stock price over the last five trading sessions. InvestorPlace reported 2023-11-14 that While a certain confidence in betting with the masses exist, investors wanting to up the ante may consider undervalued growth stocks. To better frame the discussion, it’s useful to consider the sport of baseball.
Analysts’ Opinion of DTC
Many brokerage firms have already submitted their reports for DTC stocks, with Craig Hallum repeating the rating for DTC by listing it as a “Buy.” The predicted price for DTC in the upcoming period, according to Craig Hallum is $8 based on the research report published on September 25, 2023 of the current year 2023.
DTC Trading at 15.30% from the 50-Day Moving Average
After a stumble in the market that brought DTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.84% of loss for the given period.
Volatility was left at 6.09%, however, over the last 30 days, the volatility rate increased by 5.76%, as shares surge +27.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.56% lower at present.
During the last 5 trading sessions, DTC rose by +14.03%, which changed the moving average for the period of 200-days by +2.26% in comparison to the 20-day moving average, which settled at $4.26. In addition, Solo Brands Inc saw 38.44% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DTC starting from Webb Somer, who sale 115,537 shares at the price of $4.35 back on Nov 09. After this action, Webb Somer now owns 58,793 shares of Solo Brands Inc, valued at $502,725 using the latest closing price.
NB Alternatives Advisers LLC, the 10% Owner of Solo Brands Inc, sale 6,255,595 shares at $5.00 during a trade that took place back on May 16, which means that NB Alternatives Advisers LLC is holding 627,286 shares at $31,277,975 based on the most recent closing price.
Stock Fundamentals for DTC
Current profitability levels for the company are sitting at:
- +5.98 for the present operating margin
- +56.72 for the gross margin
The net margin for Solo Brands Inc stands at -0.96. The total capital return value is set at 4.34, while invested capital returns managed to touch -1.00. Equity return is now at value 6.70, with 2.65 for asset returns.
Based on Solo Brands Inc (DTC), the company’s capital structure generated 41.11 points at debt to equity in total, while total debt to capital is 29.13. Total debt to assets is 17.33, with long-term debt to equity ratio resting at 37.84. Finally, the long-term debt to capital ratio is 26.82.
When we switch over and look at the enterprise to sales, we see a ratio of 0.75, with the company’s debt to enterprise value settled at 0.26. The receivables turnover for the company is 21.71 and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.91.
In conclusion, Solo Brands Inc (DTC) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.