Solo Brands (DTC) Projected to Post Earnings on Wednesday

Solo Brands (NYSE:DTC - Get Free Report) is expected to be announcing its Q4 2024 earnings results before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $161.60 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Solo Brands Price Performance

Solo Brands stock traded down $0.04 during midday trading on Thursday, reaching $0.21. 2,269,683 shares of the stock were exchanged, compared to its average volume of 424,335. The company's fifty day moving average is $0.93 and its 200-day moving average is $1.17. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.60 and a current ratio of 1.57. Solo Brands has a 52 week low of $0.20 and a 52 week high of $2.57. The firm has a market cap of $18.88 million, a PE ratio of -0.06 and a beta of 2.49.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a "hold" rating and issued a $1.00 price objective (down from $3.00) on shares of Solo Brands in a research report on Thursday. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, Solo Brands presently has an average rating of "Hold" and an average price target of $2.12.

Solo Brands Company Profile

Solo Brands, Inc operates a direct-to-consumer platform that offers outdoor and lifestyle branded products in the United States. The company provides camp stoves under the Solo Stove Lite brand name; fire pits under the Solo Stove brand name; kayaks under the Oru brand name; paddle boards under the ISLE brand name; and storage solutions for fire pits, firewood, and other accessories.