Solo Brands (DTC) to Release Quarterly Earnings on Wednesday

Solo Brands (NYSE:DTC) is expected to announce its 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 that are interested in participating in the company’s conference call can do so using this link.

Solo Brands Trading Down 7.9 %

Shares of DTC opened at $0.65 on Tuesday. The stock has a market capitalization of $59.59 million, a PE ratio of -0.19 and a beta of 2.49. The company’s fifty day moving average is $0.96 and its 200 day moving average is $1.18. 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 fifty-two week low of $0.65 and a fifty-two week high of $2.57.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a $3.00 price target on shares of Solo Brands in a research report on Tuesday, November 19th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $2.52.

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.