Shares of Distribution Solutions Group, Inc. (NASDAQ:DSGR - Get Free Report) saw unusually-high trading volume on Monday . Approximately 58,368 shares traded hands during trading, a decline of 1% from the previous session's volume of 58,682 shares.The stock last traded at $32.41 and had previously closed at $32.74.
Analysts Set New Price Targets
Separately, Barrington Research reduced their target price on shares of Distribution Solutions Group from $44.00 to $39.00 and set an "outperform" rating on the stock in a report on Wednesday, May 7th.
Check Out Our Latest Report on DSGR
Distribution Solutions Group Trading Up 0.0%
The stock has a market cap of $1.50 billion, a PE ratio of 361.11 and a beta of 0.63. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.36 and a current ratio of 2.59. The stock has a fifty day moving average price of $28.91 and a 200 day moving average price of $28.34.
Distribution Solutions Group (NASDAQ:DSGR - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.01). The business had revenue of $502.44 million for the quarter, compared to the consensus estimate of $484.43 million. Distribution Solutions Group had a return on equity of 10.51% and a net margin of 0.22%. Equities analysts expect that Distribution Solutions Group, Inc. will post 1.28 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of DSGR. BNP Paribas Financial Markets raised its position in shares of Distribution Solutions Group by 53.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,170 shares of the company's stock worth $32,000 after acquiring an additional 408 shares in the last quarter. Rhumbline Advisers increased its position in shares of Distribution Solutions Group by 3.8% during the first quarter. Rhumbline Advisers now owns 14,710 shares of the company's stock worth $412,000 after purchasing an additional 532 shares in the last quarter. Barclays PLC increased its position in Distribution Solutions Group by 8.9% during the 4th quarter. Barclays PLC now owns 18,513 shares of the company's stock valued at $637,000 after buying an additional 1,506 shares in the last quarter. Wells Fargo & Company MN raised its stake in Distribution Solutions Group by 47.8% in the fourth quarter. Wells Fargo & Company MN now owns 5,055 shares of the company's stock valued at $174,000 after buying an additional 1,634 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Distribution Solutions Group by 1,888.8% in the first quarter. GAMMA Investing LLC now owns 2,128 shares of the company's stock valued at $60,000 after buying an additional 2,021 shares during the last quarter. Institutional investors own 91.64% of the company's stock.
About Distribution Solutions Group
(
Get Free Report)
Distribution Solutions Group, Inc, a specialty distribution company, engages in the provision of value-added distribution solutions in North America, Europe, Asia, South America, and the Middle East. The company provides its solutions to the maintenance, repair, and operations (MRO); original equipment manufacturer (OEM); and industrial technology markets.
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