Is Solo Brands Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: DTC) stock is to Strong Buy DTC stock.
Out of 3 analysts, 2 (66.67%) are recommending DTC as a Strong Buy, 1 (33.33%) are recommending DTC as a Buy, 0 (0%) are recommending DTC as a Hold, 0 (0%) are recommending DTC as a Sell, and 0 (0%) are recommending DTC as a Strong Sell.
What is DTC's forecast return on equity (ROE) for 2023-2023?
(NYSE: DTC) forecast ROE is 25.73%, which is considered strong.
What is DTC's Price Target?
According to 3 Wall Street analysts that have issued a 1 year DTC price target, the average DTC price target is $9.67, with the highest DTC stock price forecast at $11.00 and the lowest DTC stock price forecast at $8.00.
On average, Wall Street analysts predict that Solo Brands's share price could reach $9.67 by Sep 25, 2024. The average Solo Brands stock price prediction forecasts a potential upside of 99.73% from the current DTC share price of $4.84.
What is DTC's forecast return on assets (ROA) for 2023-2023?
(NYSE: DTC) forecast ROA is 10.47%, which is higher than the forecast US Internet Retail industry average of 6.36%.
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