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.
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Industry, Sector and Symbol
Industry Transportation services
Sub-IndustryN/A
SectorTransportation
Phone972-248-0412
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.61 billion
Profitability
Miscellaneous
Employees5,829
Next Earnings Date3/13/2020 (Estimated)
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) announced its quarterly earnings data on Tuesday, November, 12th. The company reported ($4.14) EPS for the quarter, missing the Zacks' consensus estimate of ($0.17) by $3.97. The firm earned $450.40 million during the quarter, compared to the consensus estimate of $433.86 million. Daseke had a negative net margin of 17.35% and a positive return on equity of 10.65%. The firm's quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.01 earnings per share. View Daseke's Earnings History.
When is Daseke's next earnings date?
What guidance has Daseke issued on next quarter's earnings?
Daseke updated its FY 2019
Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$1.7-1.75 billion, compared to the consensus revenue estimate of $$1.73 billion.
What price target have analysts set for DSKE?
4 Wall Street analysts have issued 1-year target prices for Daseke's shares. Their forecasts range from $6.50 to $8.50. On average, they anticipate Daseke's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 115.5% from the stock's current price. View Analyst Price Targets for Daseke.
What is the consensus analysts' recommendation for 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.
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. " (1/14/2020)
- 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 headlines about DSKE stock have trended negative on Sunday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Daseke earned a news sentiment score of -2.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Daseke.
Are investors shorting Daseke?
Daseke saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,210,000 shares, an increase of 24.2% from the December 15th total of 1,780,000 shares. Based on an average trading volume of 199,000 shares, the short-interest ratio is presently 11.1 days. Approximately 5.3% of the shares of the company are short sold. View Daseke's Current Options Chain.
Who are some of Daseke's key competitors?
What other stocks do shareholders of Daseke own?
Who are Daseke's key executives?
Daseke's management team includes the folowing 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
Who are Daseke's major shareholders?
Daseke's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.09%). Company insiders that own Daseke stock include Brian Bonner, Christopher R Easter, Don R Daseke, Ena Williams, Kevin M Charlton, Mark Sinclair, Ronald J Gafford and Ronald Scott Wheeler. View Institutional Ownership Trends for Daseke.
Which institutional investors are selling Daseke stock?
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 $3.48.
How big of a company is Daseke?
Daseke has a market capitalization of $224.77 million and generates $1.61 billion in revenue each year. The company earns $-5,190,000.00 in net income (profit) each year or $0.64 on an earnings per share basis. Daseke employs 5,829 workers across the globe.View Additional Information About Daseke.
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.
