NASDAQ:DSKEDaseke Stock Price, Forecast & News

Daseke's stock was trading at $2.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DSKE shares have increased by 47.5% and is now trading at $2.95. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Daseke in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Daseke.

Daseke is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Daseke.

Daseke Inc (NASDAQ:DSKE) released its quarterly earnings data on Thursday, May, 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.06. The company had revenue of $391 million for the quarter, compared to analysts' expectations of $392.90 million. Daseke had a negative net margin of 18.61% and a positive return on equity of 12.59%. View Daseke's earnings history.

Daseke updated 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.

3 equities research analysts have issued 1 year target prices for Daseke's shares. Their forecasts range from $3.50 to $4.00. On average, they anticipate Daseke's stock price to reach $3.75 in the next year. This suggests a possible upside of 27.1% from the stock's current price. View analysts' price targets for Daseke.

News headlines about DSKE stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Daseke earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutDaseke.

Daseke saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,180,000 shares, an increase of 6.3% from the April 30th total of 1,110,000 shares. Based on an average daily trading volume, of 376,300 shares, the short-interest ratio is currently 3.1 days. Approximately 2.8% of the shares of the stock are sold short. View Daseke's Current Options Chain.

Some companies that are related to Daseke include Despegar.com (DESP), Diamond S Shipping (DSSI), Lindblad Expeditions (LIND), Tuniu (TOUR), Yatra Online (YTRA), Leafbuyer Technologies (LBUY) and Tempus Applied Solutions (TMPS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Daseke investors own include Alibaba Group (BABA), AT&T (T), AbbVie (ABBV), Verizon Communications (VZ), Exxon Mobil (XOM), General Electric (GE), Enterprise Products Partners (EPD), NVIDIA (NVDA), Micron Technology (MU) and salesforce.com (CRM).

Daseke trades on the NASDAQ under the ticker symbol "DSKE."

Daseke's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.36%), State Street Corp (1.16%), Geode Capital Management LLC (1.15%), Nuveen Asset Management LLC (0.45%), RBF Capital LLC (0.39%) and UBS Group AG (0.25%). Company insiders that own Daseke stock include Brian Bonner, Christopher R Easter, Don R Daseke, Ena Williams, Jonathan Shepko, Mark Sinclair and Ronald J Gafford. View institutional ownership trends for Daseke.

DSKE stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., RBF Capital LLC, Morgan Stanley, BlackRock Inc., UBS Group AG, Parametric Portfolio Associates LLC, and State Street Corp. View insider buying and selling activity for Daseke.

DSKE stock was acquired by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Geode Capital Management LLC, Alliancebernstein L.P., and Raymond James Financial Services Advisors Inc.. Company insiders that have bought Daseke stock in the last two years include Brian Bonner, Christopher R Easter, Don R Daseke, Ena Williams, Jonathan Shepko, Mark Sinclair, and Ronald J Gafford. View insider buying and selling activity for 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.

One share of DSKE stock can currently be purchased for approximately $2.95.

Daseke has a market capitalization of $190.63 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.

The official website for Daseke is www.daseke.com.

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]