NASDAQ:DSKEDaseke Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Daseke Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.12 -0.11 (-8.94 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$1.06Now: $1.12▼$1.2350-Day Range$0.86MA: $2.60▼$4.2552-Week Range$0.86Now: $1.12▼$5.65Volume241,787 shsAverage Volume669,374 shsMarket Capitalization$72.35 millionP/E RatioN/ADividend YieldN/ABeta1.85 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Daseke, Inc. provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through two segments, Flatbed Solutions and Specialized Solutions. The company transports aircraft parts, manufacturing equipment, structural steel, pressure vessels, wind turbine blades, heavy machinery, commercial glass, high security cargo, arms, ammunition and explosives, lumber, and building and construction materials. It also provides industrial warehousing space. As of March 8, 2019, the company operated a fleet of approximately 6,000 tractors and 13,000 flatbed and specialized trailers. Daseke, Inc. is headquartered in Addison, Texas.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingDaseke has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.25, Daseke has a potential upside of 458.0% from its current price of $1.12.Amount of Analyst CoverageDaseke has only been the subject of 1 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesDaseke has received 228 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDaseke has received 199 “underperform” votes. (Add your “underperform” vote.)Community SentimentDaseke has received 53.40% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Daseke and other stocks. Vote “Outperform” if you believe DSKE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DSKE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldDaseke does not currently pay a dividend.Dividend GrowthDaseke does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Daseke insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 29.71% of the stock of Daseke is held by insiders.Percentage Held by InstitutionsOnly 28.29% of the stock of Daseke is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Daseke are expected to decrease by -254.55% in the coming year, from ($0.11) to $0.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Daseke is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Daseke is -0.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDaseke has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.34 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Transportation services Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:DSKE Previous Symbol CUSIPN/A CIK1642453 Webhttp://www.daseke.com/ Phone972-248-0412Debt Debt-to-Equity Ratio8.59 Current Ratio1.49 Quick Ratio1.49Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.74 billion Price / Sales0.04 Cash Flow$2.20 per share Price / Cash Flow0.51 Book Value$1.14 per share Price / Book0.98Profitability EPS (Most Recent Fiscal Year)$0.03 Net Income$-307,400,000.00 Net Margins-17.70% Return on Equity9.33% Return on Assets1.58%Miscellaneous Employees5,921 Outstanding Shares64,600,000Market Cap$72.35 million Next Earnings Date5/4/2020 (Estimated) OptionableOptionable Receive DSKE News and Ratings via Email Sign-up to receive the latest news and ratings for DSKE and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:DSKE Rates by TradingView Daseke (NASDAQ:DSKE) Frequently Asked Questions How has Daseke's stock been impacted by COVID-19 (Coronavirus)? Daseke's stock was trading at $2.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DSKE shares have decreased by 44.0% and is now trading at $1.12. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Daseke? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Daseke in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Daseke. When is Daseke's next earnings date? Daseke is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Daseke. How were Daseke's earnings last quarter? Daseke Inc (NASDAQ:DSKE) posted its quarterly earnings data on Tuesday, March, 10th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.20) by $0.11. The company earned $403 million during the quarter, compared to analyst estimates of $401.37 million. Daseke had a negative net margin of 17.70% and a positive return on equity of 9.33%. The company's revenue was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.05 earnings per share. View Daseke's earnings history. What guidance has Daseke issued on next quarter's earnings? Daseke issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, March, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.61-1.69 billion, compared to the consensus revenue estimate of $1.71 billion. What price target have analysts set for DSKE? 4 Wall Street analysts have issued 1-year price objectives for Daseke's shares. Their forecasts range from $4.00 to $8.50. On average, they expect Daseke's share price to reach $6.25 in the next twelve months. This suggests a possible upside of 458.0% from the stock's current price. View analysts' price targets for Daseke. What are Wall Street analysts saying about Daseke stock? Here are some recent quotes from research analysts about Daseke stock: 1. According to Zacks Investment Research, "Daseke, Inc. operates as a transportation company. It provides fleet management, logistics, trucking and open deck transportation services. Daseke, Inc., formerly known as Hennessy Capital Acquisition Corp. II, is based in Addison, United States. " (3/10/2020) 2. Northland Securities analysts commented, "We are assuming coverage of DSKE with an Outperform rating and a lower $8.50 price target. We believe DSKE’s growing network of operators with long-term blue chip customer relationships across a diverse set of end markets will continue to provide a solid foundation for sustainable growth going forward. We also expect the company’s disciplined acquisition strategy to support long-term benefits of scale. Key Points DSKE’s better than expected Q1:19 results featured 32% revenue growth (7% organic) and 24% EBITDA growth (5% organic), primarily resulting from strength in the Specialized segment which benefited from 35% growth in rate per mile and 13% growth in revenue per tractor. We expect continued strength from many large-scale capital projects including wind energy to support solid performance in the Specialized segment going forward." (5/21/2019) Has Daseke been receiving favorable news coverage? Media coverage about DSKE stock has trended very negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Daseke earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutDaseke. Who are some of Daseke's key competitors? Some companies that are related to Daseke include Lindblad Expeditions (LIND), Tuniu (TOUR), Yatra Online (YTRA), Leafbuyer Technologies (LBUY) and Tempus Applied Solutions (TMPS). What other stocks do shareholders of Daseke own? Based on aggregate information from My MarketBeat watchlists, some companies that other Daseke investors own include Alibaba Group (BABA), General Electric (GE), AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD), Micron Technology (MU), Chesapeake Energy (CHK) and Energy Transfer LP Unit (ET). Who are Daseke's key executives? Daseke's management team includes the following people: Mr. Don R. Daseke, Founder, Chairman & CEO (Age 79)Mr. Ronald Scott Wheeler, Pres & Director (Age 62)Ms. Angelia Stewart J. Moss, Sr. VP, Chief Accounting Officer, Corp. Controller & Assistant Sec. (Age 59)Mr. Bharat M. Mahajan, Chief Financial Officer (Age 50)Mr. Christopher R. Easter, Chief Operating Officer What is Daseke's stock symbol? Daseke trades on the NASDAQ under the ticker symbol "DSKE." How do I buy shares of Daseke? Shares of DSKE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Daseke's stock price today? One share of DSKE stock can currently be purchased for approximately $1.12. How big of a company is Daseke? Daseke has a market capitalization of $72.35 million and generates $1.74 billion in revenue each year. The company earns $-307,400,000.00 in net income (profit) each year or $0.03 on an earnings per share basis. Daseke employs 5,921 workers across the globe. View additional information about Daseke. What is Daseke's official website? The official website for Daseke is http://www.daseke.com/. How can I contact Daseke? Daseke's mailing address is 15455 DALLAS PKWY SUITE 550, ADDISON TX, 75001. The company can be reached via phone at 972-248-0412 or via email at [email protected] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: What is the cash asset ratio?
