Dublin, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The "Direct-to-Consumer (DTC) Genetic Testing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Direct-to-Consumer (DTC) Genetic Testing is estimated at US$1.3 Billion in 2023 and is projected to reach US$3.4 Billion by 2030, growing at a CAGR of 14.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed busine ...

Solo Brands, Inc. (DTC) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -66.67%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.03, delivering a surprise of 200%. Over the last four quarters, the compan ...

Solo Brands, Inc. Announces Second Quarter Results Updates Full Year 2024 Guidance Grapevine, Texas, August 7, 2024: Solo Brands, Inc. (NYSE: DTC) ("Solo Brands" or "the Company") today announced its financial results for the three and six month period ended June 30, 2024. "We are pleased with our second quarter results and were encouraged to see strong retail sales and sequential improvement in our direct-to-consumer business" said Chris Metz, Chief Executive Officer of Solo Brands. "During the quarter we ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Solo Brands, Inc. (DTC) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper Thus, a positive or negative Earnings ESP reading theoretically indicates the ...

Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Given the way analysts feel about Solo Brands right now, this huge im ...

Bottom Line The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street ...

It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced. While any stock can see a spike in price for a short period, it takes a real momentum pl ...

Core Insights - The article compares two companies, Solo Brands, Inc. (DTC) and MercadoLibre (MELI), to determine which is the better undervalued stock option for investors [2][3]. Valuation Metrics - DTC has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while MELI has a Zacks Rank of 3 (Hold) [3]. - DTC's price-to-book (P/B) ratio is 0.62, significantly lower than MELI's P/B ratio of 26.34, suggesting DTC is undervalued relative to its book value [5]. - DTC's forward price-to-earnings (P/E) ratio is 5.51, compared to MELI's forward P/E of 52.10, indicating a more attractive valuation for DTC [7]. - The PEG ratio for DTC is 0.47, while MELI's PEG ratio is 1.29, further supporting DTC's position as a better value option [7]. - Based on various valuation metrics, DTC holds a Value grade of A, while MELI has a Value grade of C, reinforcing DTC's superior value proposition [8].

The 2024 Three-Part Series Honors Past, Present, and Future Champions The first of the three summer 2024 capsules launches on July 12th, 2024. The Team USA x Chubbies capsule kicks off with a vibrant assortment of performance polos, tees, tanks, and swim trunks. Each piece is meticulously designed to embody the spirit of the Team USA champions competing in the Paris 2024 Olympics. The first campaign is brought to life by Silver Medalist Olympian Steele Johnson, whose incredible legacy and dynamic energy per ...

Levi Strauss' Bold Gambit: Is the Denim Icon's DTC Shift Enough to Weather the Storm? Alfonso holds a Bachelor's degree in Economics. With his expertise in financial markets, he delivers insightful analysis and investment strategies. Off work, he enjoys playing soccer, combining his passion for sports with his financial acumen. The Glittering Financials: A Deeper Look But not all that glitters is gold. The financial triumph is clouded by a slight miss in overall revenue expectations, leading to a 15% drop i ...