Solo Brands (DTC) Projected to Post Earnings on Thursday

Solo Brands (NYSE:DTC - Get Free Report) is expected to release its earnings data before the market opens on Thursday, March 13th. Analysts expect Solo Brands to post earnings of $0.12 per share and revenue of $161.60 million for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Solo Brands Stock Performance

Shares of NYSE:DTC traded down $0.01 during trading on Friday, reaching $0.70. The stock had a trading volume of 208,057 shares, compared to its average volume of 353,615. Solo Brands has a 52 week low of $0.67 and a 52 week high of $2.57. The stock has a fifty day simple moving average of $0.97 and a two-hundred day simple moving average of $1.19. The firm has a market capitalization of $64.54 million, a price-to-earnings ratio of -0.20 and a beta of 2.49. The company has a quick ratio of 0.60, a current ratio of 1.57 and a debt-to-equity ratio of 0.60.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a $3.00 target price on shares of Solo Brands in a research report on Tuesday, November 19th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $2.52.

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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.