Stock Rating Upgrade
The Value Trend Rating for Distribution Solutions Group Inc (NASDAQ: DSGR) improved in recent days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 3/18/24, Distribution Solutions Group Inc (NASDAQ: DSGR) stock declined by -2.0%, closing at $33.01. However, trading volume in this decline was normal at 83% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 7.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed 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). This VT Rating improved in recent days from C previously. 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, producing the Positive Value Trend Rating.
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