Solo Brands' Q4 results and 2024 EBITDA margin guidance fell short of estimates. Its mediocre cash profitability over the last two years has limited reinvestment, debt repayment, or capital return opportunities.
Jefferies analysts are encouraged by the strength of the DTC business, raising their estimates and price target to $60. They maintain a buy rating on the stock, reflecting Q1 strength and management's confidence.
J.P.Morgan analysts suggest Solo Brands' growth opportunities are dwindling due to product saturation in major retailers and product longevity. They also express concerns about the lack of visibility for some product lines.
Citi sees a challenging outlook for the company due to weak holiday sales and management changes. William Blair analysts note that despite increased brand awareness through marketing and a Target Corp. partnership, the company's long-term prospects remain uncertain.
Solo Brands股票讨论区
2021年上市,主要做户外用品业务,单一美国市场,当前价格2.72。
上市以来营收连续增长两年,2022年增速28.2%,营业利润2022年受费用大幅增长影响大幅萎缩55%,净利润2022年受资本性资产减值影响略有亏损。2022年利息费用占营业利润的20%。毛利率这两年从64%下滑到61.5%。
2023前3季度营收增长2.8%,营业利润受费用优化影响增长两倍到0.13亿,净利润得以扭亏。
近两年资产负债率从31.5%提高到33.3%,目前34.9%。 应收比较正常,存货增速有些过快,不过2023前3季度有所下降。商誉在上市前和上市后均有大幅增长,业绩增长可能依赖于收购行为,缺乏内生性,未来也会有减值压力。
商誉及其他无形资产6.46亿,是5.86亿净资产的1.1倍,长期借款1.6亿。
目前现金0.17亿,流动比率2.95,速动比率0.75。
近两年来现金流经营净额低于投资净额,没有产生股东盈余。
目前市盈率TTM7.2,考虑到近期收购带来的资产减值已经开始出现,增速也...
$Solo Brands(DTC.US)$ $AMC院线(AMC.US)$
该股连续三个交易日放量上涨,红三兵形态明显,预计短线仍有上行空间。
放量突破箱体,回踩继续看多
暂无评论