Distribution Solutions Group Inc (NASDAQ: DSGR) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock rose on very heavy volume, and its shorter term price trend turned up.
Meaningful positive changes in fundamentals have recently occurred for Distribution Solutions Group Inc (NASDAQ: DSGR): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DSGR is expected to be a modest Value Builder.
Distribution Solutions Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Distribution Solutions Group has a neutral Appreciation Score of 52 but a good Power Rating of 83, leading to the Positive Value Trend Rating.
Recent Price Action
Distribution Solutions Group Inc (NASDAQ: DSGR) stock closed at $33.69 on 3/15/24 after a large increase of 4.8%. Moreover, trading volume in this advance was exceptionally high at 215% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 17.6% during the last week.
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