Solo Brands is a internet retail company located in Texas, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker DTC on the NYSE exchange.
Solo Brands stock last closed at $2.10, up 1.94% from the previous day, and has decreased 69.52% in one year. It has underperformed other stocks in the Internet Retail industry by 0.89 percentage points. Solo Brands stock is currently +3.96% from its 52-week low of $2.02, and -76.29% from its 52-week high of $8.86.
At the moment, there are 91.18M DTC shares outstanding. The market capitalization of DTC is $191.47M. In the last 24 hours, 500,206 DTC shares were traded.
How to Buy Solo Brands Stock
Wondering how to invest in Solo Brands stock? Here's how.
Decide where to buy Solo Brands stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Solo Brands stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Fund your brokerage account: Pick your method of payment and add your information.
Analyze Solo Brands stock: The Solo Brands ticker symbol is DTC. Is Solo Brands stock a good investment? Should you buy shares of DTC? How do DTC's underlying business fundamentals look? Do top analysts think Solo Brands is a good buy? Why has DTC's stock price moved recently? (Hint: Our stock research website can help you understand if DTC is a good stock to buy).
Place your DTC buy order: Decide if you will purchase DTC shares at the current market price or use a limit order to buy DTC shares at a given price.
Get notifications regarding your DTC position: Create a watchlist to keep tabs on your investment in Solo Brands shares.
Step 1: Decide where to buy Solo Brands stock
You need an online brokerage account to access the NYSE market and buy DTC shares.
A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you are able to buy DTC today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Analyze Solo Brands stock
Once you have identified the best place to buy Solo Brands stock, it's absolutely critical to analyze their stock prior to investing, so you actually understand the risk as well as the upside.
Solo Brands quick stats
DTC Price
$2.10
1w %
-6.67%
1y %
-69.52%
5y %
N/A
P/E
-1.14x
P/B
0.79x
P/S
0.26x
PEG
N/A
Revenue
$494.78M
Earnings
-$111.35M
Fore. Rev. Growth
0.21%
Fore. Earn. Growth
N/A
Market Cap
$191.47M
Next Earnings
May 4, 2024
Next Dividend
N/A
DTC Due Diligence Checks
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can view all of the due diligence checks on DTC's stock page.
Is DTC stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge DTC's true value.
Using relative valuations measures:
DTC could be undervalued based on its P/B ratio of 0.79x, relative to Internet Retail industry P/B ratio of 5.71x
There are more short-term assets than short-term liabilities on the DTC balance sheet.
DTC's operating cash flow of $62.42M allows it to safely service it's debt of $173.89M.
Failed Financial Due Diligence Checks:
There are more long-term liabilities than short-term assets on the DTC balance sheet.
DTC profit margin has gone down from -1% to -22.5% in the past year.
DTC has a relatively high debt to equity ratio of 1.19.
DTC earnings of -$136.57M is not enough to cover its interest payments.
Do analysts think it's a good time to buy DTC stock
Out of 6 sell side analysts who give recommendations on DTC, the consensus analyst rating on Solo Brands is a Hold
Please note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent DTC Analyst Ratings
Wendy Nicholson, a bottom 7% analyst from Citigroup downgrades DTC to a hold rating and lowers their DTC price target from $10.00 to $4.00, on Jan 10, 2024.
Last year, DTC revenue was $494.78M. In the past 2 year, DTC's revenue has increased by 10.7% per year. This was slower than the Internet Retail industry average of 26.18%.
No, Solo Brands doesn't provide an income stream by paying out dividends.
DTC Social Trading Data
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Click below to find out what other community members have to say.
Step 5: Place your DTC buy order
There are two primary options:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are usually the easiest way to buy.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open button and your broker will execute the order.
If you require additional help with buying stocks on eToro, watch the helpful video below:
How much does it cost to buy one Solo Brands share?
As of Mar 27, 2024, it costs $2.10 to buy one share of Solo Brands stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.476 shares of DTC.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.