Alert: Major Price Decline (11/2/23)-Distribution Solutions Group Inc (NASDAQ: DSGR).

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Distribution Solutions Group Inc (NASDAQ: DSGR) stock suffered a major decline of -10.9% on 11/2/23. The shares closed at $26.78. The stock has been exceptionally strong relative to the market over the last nine months but has declined -11.1% during the last week.

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Current PriceTarget Research Rating

DSGR is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Distribution Solutions Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Distribution Solutions Group has a poor Appreciation Score of 24 but a very high Power Rating of 93, resulting in the High Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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