Daseke, Inc. provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through Flatbed Solutions and Specialized Solutions segments. The company transports heavy haul freight, defense and commercial arms, ammunition and explosives, radioactive cargo and hazardous materials, and commercial sheet glass, as well as offers 10-wheel drive-away services. It also offers industrial warehousing and distribution services, including export packaging and free trade zone access in Savannah, Georgia; and over-dimensional cargo solution. In addition, Daseke, Inc. operates as an open deck carrier for power sports industry. The company serves automotive, port intermodal, power generation, and steel and building materials markets. As of December 31, 2017, the company operated 3,218 company-owned tractors, and 11,237 trailers, as well as 2,056 tractors owned and operated by independent contractors. Daseke, Inc. is headquartered in Addison, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Transportation services
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:DSKE
Previous Symbol
CUSIPN/A
Phone972-248-0412
Debt
Debt-to-Equity Ratio1.51
Current Ratio1.81
Quick Ratio1.81
Price-To-Earnings
Trailing P/E Ratio-5.75
Forward P/E Ratio49.29
P/E GrowthN/A
Sales & Book Value
Annual Sales$846.30 million
Price / Sales0.26
Cash Flow$1.5198 per share
Price / Cash Flow2.27
Book Value$6.45 per share
Price / Book0.53
Profitability
EPS (Most Recent Fiscal Year)($0.60)
Net Income$26.99 million
Net Margins3.77%
Return on Equity2.25%
Return on Assets0.65%
Miscellaneous
Employees4,798
Outstanding Shares64,450,000
Market Cap$209.48 million
OptionableOptionable
Daseke (NASDAQ:DSKE) Frequently Asked Questions
What is Daseke's stock symbol?
Daseke trades on the NASDAQ under the ticker symbol "DSKE."
How were Daseke's earnings last quarter?
Daseke Inc (NASDAQ:DSKE) released its quarterly earnings results on Tuesday, November, 6th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.03. The company had revenue of $461.59 million for the quarter, compared to the consensus estimate of $430.29 million. Daseke had a net margin of 3.77% and a return on equity of 2.25%. The business's revenue for the quarter was up 99.5% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.03) EPS. View Daseke's Earnings History.
When is Daseke's next earnings date?
What guidance has Daseke issued on next quarter's earnings?
Daseke issued an update on its FY 2018 earnings guidance on Tuesday, November, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.55-1.55 billion, compared to the consensus revenue estimate of $1.55 billion.
What price target have analysts set for DSKE?
5 brokers have issued 12-month price objectives for Daseke's stock. Their predictions range from $12.00 to $15.00. On average, they expect Daseke's share price to reach $14.00 in the next year. This suggests a possible upside of 305.8% from the stock's current price. View Analyst Price Targets for Daseke.
What is the consensus analysts' recommendation for Daseke?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Daseke in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Daseke.
Has Daseke been receiving favorable news coverage?
Press coverage about DSKE stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Daseke earned a coverage optimism score of 0.7 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
Are investors shorting Daseke?
Daseke saw a decrease in short interest in the month of November. As of November 15th, there was short interest totalling 821,182 shares, a decrease of 31.0% from the October 31st total of 1,190,163 shares. Based on an average daily volume of 592,529 shares, the short-interest ratio is presently 1.4 days. Approximately 2.1% of the company's shares are short sold. View Daseke's Current Options Chain.
Who are some of Daseke's key competitors?
Who are Daseke's key executives?
Daseke's management team includes the folowing people:
- Mr. Don R. Daseke, Founder, Chairman & CEO (Age 78)
- Mr. R. Scott Wheeler, Pres & Director (Age 61)
- Ms. Angelia Stewart J. Moss, Sr. VP, Chief Accounting Officer, Corp. Controller & Assistant Sec. (Age 58)
- Mr. Bharat M. Mahajan, Chief Financial Officer (Age 49)
- Mr. Soumit Roy, Gen. Counsel
Who are Daseke's major shareholders?
Daseke's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.64%), Vanguard Group Inc. (2.89%), Man Group plc (1.94%), Emerald Advisers Inc. PA (1.92%), Global Alpha Capital Management Ltd. (1.58%) and Elk Creek Partners LLC (1.53%). Company insiders that own Daseke stock include Brian Bonner, Kevin M Charlton, Mark Sinclair and Ronald Scott Wheeler. View Institutional Ownership Trends for Daseke.
Which institutional investors are selling Daseke stock?
DSKE stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Monarch Partners Asset Management LLC, Elk Creek Partners LLC, Emerald Advisers Inc. PA, Allianz Asset Management GmbH, Wesbanco Bank Inc., Engineers Gate Manager LP and Credit Suisse AG. View Insider Buying and Selling for Daseke.
Which institutional investors are buying Daseke stock?
DSKE stock was acquired by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Russell Investments Group Ltd., BlackRock Inc., US Bancorp DE, Hilltop Holdings Inc., Vanguard Group Inc., GSA Capital Partners LLP and JPMorgan Chase & Co.. Company insiders that have bought Daseke stock in the last two years include Brian Bonner, Kevin M Charlton, Mark Sinclair and Ronald Scott Wheeler. View Insider Buying and Selling for Daseke.
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, Scottrade, Fidelity and Charles Schwab.
What is Daseke's stock price today?
One share of DSKE stock can currently be purchased for approximately $3.45.
How big of a company is Daseke?
Daseke has a market capitalization of $209.48 million and generates $846.30 million in revenue each year. The company earns $26.99 million in net income (profit) each year or ($0.60) on an earnings per share basis. Daseke employs 4,798 workers across the globe.
What is Daseke's official website?
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]
MarketBeat Community Rating for Daseke (NASDAQ DSKE)
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.
