NASDAQ:DSGR

Distribution Solutions Group (DSGR) Stock Forecast, Price & News

$53.45

+1.19 (+2.28%)

(As of 06/8/2023 ET)

Compare

Today's Range: $51.76
▼
$53.45
50-Day Range: $40.93
▼
$53.45
52-Week Range: $25.66
▼
$55.96

Volume: 10,903 shs
Average Volume: 22,931 shs
Market Capitalization: $1.13 billion

P/E Ratio: 67.66
Dividend Yield: N/A
Price Target: $61.00

Distribution Solutions Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 14.1% Upside
$61.00 Price Target
Short Interest: Bearish
1.22% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 23.47%
From $1.96 to $2.42 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Business Services Sector

129th out of 332 stocks

Machinery, Equipment, & Supplies Industry

6th out of 6 stocks

2.5

Analyst's Opinion

Consensus Rating
Distribution Solutions Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $61.00, Distribution Solutions Group has a forecasted upside of 14.1% from its current price of $53.45.
Amount of Analyst Coverage
Distribution Solutions Group has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.22% of the float of Distribution Solutions Group has been sold short.
Short Interest Ratio / Days to Cover
Distribution Solutions Group has a short interest ratio ("days to cover") of 9.7.
Change versus previous month
Short interest in Distribution Solutions Group has recently increased by 73.49%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Distribution Solutions Group does not currently pay a dividend.
Dividend Growth
Distribution Solutions Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DSGR.

3.2

News and Social Media Coverage

News Sentiment
Distribution Solutions Group has a news sentiment score of 1.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Distribution Solutions Group this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for DSGR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Distribution Solutions Group to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Distribution Solutions Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
74.40% of the stock of Distribution Solutions Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
92.25% of the stock of Distribution Solutions Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Distribution Solutions Group are expected to grow by 23.47% in the coming year, from $1.96 to $2.42 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Distribution Solutions Group is 67.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Distribution Solutions Group is 67.66, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 282.96.
Price to Book Value per Share Ratio
Distribution Solutions Group has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Distribution Solutions Group (NASDAQ:DSGR) Stock

Distribution Solutions Group, Inc. engages in the distribution of maintenance and repair products to industrial, commercial, institutional and government markets. It operates through the following segments: Lawson and Bolt. The Lawson operating segment delivers quality products to customers and offers them product knowledge, product application expertise and Vendor Managed Inventory (VMI) services. The Bolt operating segment delivers products to its customers through 14 branches located in Alberta, Saskatchewan, Manitoba, and British Columbia, Canada. The company was founded by Sidney L. Port in 1952 and is headquartered in Chicago, IL.

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DSGR Stock News Headlines

May 10, 2023 | americanbankingnews.com

Distribution Solutions Group (NASDAQ:DSGR) Shares Gap Up to $46.68

May 3, 2023 | americanbankingnews.com

Distribution Solutions Group (DSGR) Set to Announce Earnings on Thursday

June 8, 2023 | Behind the Markets (Ad)

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May 3, 2023 | americanbankingnews.com

Distribution Solutions Group (NASDAQ:DSGR) Shares Gap Down to $48.04

April 29, 2023 | americanbankingnews.com

Distribution Solutions Group (NASDAQ:DSGR) Sees Unusually-High Trading Volume

April 19, 2023 | seekingalpha.com

Distribution Solutions Group: Growth On Acquisitions Brings Opportunity

April 14, 2023 | americanbankingnews.com

Distribution Solutions Group (NASDAQ:DSGR) Shares Gap Up to $42.27

April 14, 2023 | americanbankingnews.com

Q1 2023 EPS Estimates for Distribution Solutions Group, Inc. Lowered by Analyst (NASDAQ:DSGR)

June 8, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Software" to Revolutionize Warfare

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April 13, 2023 | americanbankingnews.com

Distribution Solutions Group, Inc. to Post FY2024 Earnings of $2.39 Per Share, KeyCorp Forecasts (NASDAQ:DSGR)

April 2, 2023 | americanbankingnews.com

Distribution Solutions Group (NASDAQ:DSGR) PT Raised to $61.00

March 22, 2023 | americanbankingnews.com

Distribution Solutions Group (NASDAQ:DSGR) Shares Gap Up to $37.18

December 7, 2022 | finance.yahoo.com

Distribution Solutions Group's Operating Company, TestEquity, Announces Strategic Acquisition

November 24, 2022 | finance.yahoo.com

Distribution Solutions Group to Present at Two Investor Conferences

November 24, 2022 | finance.yahoo.com

Distribution Solutions Group Announces Timing for Third Quarter 2022 Results and Conference Call

November 24, 2022 | finance.yahoo.com

Distribution Solutions Group Announces Third Quarter 2022 Results

November 24, 2022 | finance.yahoo.com

Distribution Solutions Group Appoints Robert S. Zamarripa to its Board of Directors

August 24, 2022 | nasdaq.com

DSGR Makes Notable Cross Below Critical Moving Average

August 11, 2022 | finance.yahoo.com

Distribution Solutions Group Presenting at the 13th Annual Midwest IDEAS Investor Conference on August 25th in Chicago, IL

August 9, 2022 | apnews.com

Distribution Solutions: Q2 Earnings Snapshot

See More Headlines

DSGR Price History

30 days | 90 days | 365 days | Advanced Chart

DSGR Company Calendar

Today: 6/08/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:DSGR
CUSIP: N/A
CIK: 703604
Web: www.lawsonproducts.com
Phone: (733) 304-5665
Fax: 847-827-0063
Employees: 3,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $61.00
High Stock Price Forecast: $61.00
Low Stock Price Forecast: $61.00
Forecasted Upside/Downside: +14.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.79
Trailing P/E Ratio: 67.66
Forward P/E Ratio: 27.27
P/E Growth: N/A
Net Income: $7.41 million
Net Margins: 1.18%
Pretax Margin: 1.82%
Return on Equity: 6.46%
Return on Assets: 2.93%

Debt

Debt-to-Equity Ratio: 0.69
Current Ratio: 2.89
Quick Ratio: 1.33

Sales & Book Value

Annual Sales: $1.15 billion
Price / Sales: 0.98
Cash Flow: $4.02 per share
Price / Cash Flow: 13.31
Book Value: $29.02 per share
Price / Book: 1.84

Miscellaneous

Outstanding Shares: 21,130,000
Free Float: 5,409,000
Market Cap: $1.13 billion
Optionable: Not Optionable
Beta: 0.90

Key Executives

Bryan King
Chairman, President & Chief Executive Officer

Ronald J. Knutson
Chief Financial Officer, Treasurer & Executive VP

Kevin Hoople
Chief Information Officer

Richard D. Pufpaf
Secretary, Chief Compliance Officer & Senior VP

David S. Lambert
Chief Accounting Officer, VP & Controller

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

DSGR Stock - Frequently Asked Questions

Should I buy or sell Distribution Solutions Group stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Distribution Solutions Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DSGR shares.
View DSGR analyst ratings or view top-rated stocks.
What is Distribution Solutions Group's stock price forecast for 2023?: 1 brokerages have issued 1-year target prices for Distribution Solutions Group's shares. Their DSGR share price forecasts range from $61.00 to $61.00. On average, they anticipate the company's stock price to reach $61.00 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
View analysts price targets for DSGR or view top-rated stocks among Wall Street analysts.
How have DSGR shares performed in 2023?: Distribution Solutions Group's stock was trading at $36.86 at the start of the year. Since then, DSGR shares have increased by 45.0% and is now trading at $53.45.
View the best growth stocks for 2023 here.
Are investors shorting Distribution Solutions Group?: Distribution Solutions Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 249,300 shares, an increase of 73.5% from the April 30th total of 143,700 shares. Based on an average daily volume of 25,800 shares, the short-interest ratio is currently 9.7 days. Currently, 1.2% of the company's shares are short sold.
View Distribution Solutions Group's Short Interest.
When is Distribution Solutions Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our DSGR earnings forecast.
What is Distribution Solutions Group's stock symbol?: Distribution Solutions Group trades on the NASDAQ under the ticker symbol "DSGR."

Who are Distribution Solutions Group's major shareholders?: Distribution Solutions Group's stock is owned by many different retail and institutional investors. Top institutional investors include King Luther Capital Management Corp (77.38%), Norwood Investment Partners LP (1.98%), Dimensional Fund Advisors LP (1.97%), Royce & Associates LP (1.77%), BlackRock Inc. (1.51%) and Teton Advisors Inc. (0.86%).
How do I buy shares of Distribution Solutions Group?: Shares of DSGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Distribution Solutions Group's stock price today?: One share of DSGR stock can currently be purchased for approximately $53.45.
How much money does Distribution Solutions Group make?: Distribution Solutions Group (NASDAQ:DSGR) has a market capitalization of $1.13 billion and generates $1.15 billion in revenue each year. The company earns $7.41 million in net income (profit) each year or $0.79 on an earnings per share basis.
How many employees does Distribution Solutions Group have?: The company employs 3,100 workers across the globe.
How can I contact Distribution Solutions Group?: Distribution Solutions Group's mailing address is 8770 W Bryn Mawr Ave Ste 900, Chicago, Illinois 60631-3515. The official website for the company is www.lawsonproducts.com. The company can be reached via phone at (733) 304-5665, via email at ron.knutson@lawsonproducts.com, or via fax at 847-827-0063.

This page (NASDAQ:DSGR) was last updated on 6/8/2023 by MarketBeat.com Staff

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Distribution Solutions Group (DSGR) Stock Forecast, Price & News

Distribution Solutions Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Distribution Solutions Group (NASDAQ:DSGR) Stock

DSGR Stock News Headlines

DSGR Price History

DSGR Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

DSGR Stock - Frequently Asked Questions

Overall MarketRank^™