NASDAQ:DSGR

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

$34.14
+1.07 (+3.24%)
(As of 04/23/2024 ET)
Today's Range
$33.25
$34.34
50-Day Range
$28.65
$35.94
52-Week Range
$21.76
$36.61
Volume
50,814 shs
Average Volume
58,225 shs
Market Capitalization
$1.62 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$37.00

Distribution Solutions Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
8.4% Upside
$37.00 Price Target
Short Interest
Healthy
2.03% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
23.49%
From $1.49 to $1.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.44 out of 5 stars

Business Services Sector

101st out of 303 stocks

Machinery, Equipment, & Supplies Industry

3rd out of 6 stocks

DSGR stock logo

About Distribution Solutions Group Stock (NASDAQ:DSGR)

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. It operates through three segments: Lawson, Gexpro Services, and TestEquity. The Lawson segment distributes of specialty products and services to the industrial, commercial, institutional, and government MRO market. The TestEquity segment distributes test and measurement equipment and solutions, industrial and electronic production supplies, and vendor managed inventory programs, as well as converting, fabrication, and adhesive solutions under the TestEquity, Hisco, TEquipment, Techni-Tool, Jensen Tools, and Instrumex brands. The Gexpro Services segment provides supply chain management solutions that offer VMI, kitting, global logistics management, manufacturing localization and import expertise, value engineering, and quality assurance. The company was formerly known as Lawson Products, Inc. and has changed to Distribution Solutions Group, Inc. 2022 Distribution Solutions Group, Inc. was incorporated in 1952 and is headquartered in Fort Worth, Texas.

DSGR Stock Price History

DSGR Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Distribution Solutions Group: Unrecognized Value
Distribution Solutions Group
DSGR Apr 2024 30.000 put
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Distribution Solutions: Q4 Earnings Snapshot
Distribution Solutions Group Inc (LW2.MU)
Distribution Solutions Group Inc DSGR
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Machinery, equipment, & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:DSGR
Employees
1,685
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.00
High Stock Price Target
$38.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+8.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-8,970,000.00
Pretax Margin
-0.13%

Debt

Sales & Book Value

Annual Sales
$1.57 billion
Cash Flow
$2.87 per share
Book Value
$14.12 per share

Miscellaneous

Free Float
10,662,000
Market Cap
$1.62 billion
Optionable
Optionable
Beta
0.90
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Key Executives

  • Mr. John Bryan King C.F.A. (Age 53)
    President, CEO & Chairman
  • Mr. Ronald J. Knutson (Age 60)
    Executive VP, CFO & Treasurer
    Comp: $828.91k
  • Mr. Michael G. DeCata (Age 66)
    Advisor
    Comp: $584.36k
  • Mr. Cesar A. Lanuza
    President & CEO of Lawson Products
  • Mr. David S. Lambert (Age 49)
    Chief Accounting Officer, VP & Controller
  • Mr. Kevin Hoople
    Chief Information Officer
  • Mr. Richard D. Pufpaf
    Senior VP, Secretary, General Counsel & Chief Compliance Officer
  • Mr. Matthew J. Brown (Age 60)
    Senior Vice President of Sales
  • Mr. Ilan Rodzynek
    Vice President of Product Management, Marketing & Pricing
  • Mr. Matthew Boyce
    Senior Vice President of Corporate Development

DSGR Stock Analysis - Frequently Asked Questions

Should I buy or sell Distribution Solutions Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Distribution Solutions Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

2 analysts have issued 12-month price targets for Distribution Solutions Group's shares. Their DSGR share price targets range from $36.00 to $38.00. On average, they predict the company's stock price to reach $37.00 in the next year. This suggests a possible upside of 8.4% 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 2024?

Distribution Solutions Group's stock was trading at $31.56 at the beginning of the year. Since then, DSGR stock has increased by 8.2% and is now trading at $34.14.
View the best growth stocks for 2024 here
.

When is Distribution Solutions Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our DSGR earnings forecast
.

How can I listen to Distribution Solutions Group's earnings call?

Distribution Solutions Group will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "50335".

How were Distribution Solutions Group's earnings last quarter?

Distribution Solutions Group, Inc. (NASDAQ:DSGR) released its quarterly earnings results on Thursday, March, 7th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.14 by $0.08. The business had revenue of $405.24 million for the quarter, compared to analyst estimates of $417 million. Distribution Solutions Group had a positive trailing twelve-month return on equity of 6.31% and a negative net margin of 0.57%. During the same period in the prior year, the business posted $0.13 EPS.

What ETF holds Distribution Solutions Group's stock?

First Trust Small Cap Growth AlphaDEX Fund holds 48,632 shares of DSGR stock, representing 0.63% of its portfolio.

When did Distribution Solutions Group's stock split?

Shares of Distribution Solutions Group split on Friday, September 1st 2023. The 2-1 split was announced on Friday, September 1st 2023. The newly issued shares were issued to shareholders after the closing bell on Friday, September 1st 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DSGR) was last updated on 4/23/2024 by MarketBeat.com Staff

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