Streetbeat News

DSGR

Distribution Solutions Group, Inc.

https://www.lawsonproducts.com

Industry

Industrial - Distribution

Lawson Products, Inc. sells and distributes specialty products to the industrial, commercial, institutional, and government maintenance, repair, and operations market. It sells its products to customers in the United States, Puerto Rico, Canada, Mexico, and the Caribbean. The company was founded in 1952 and is headquartered in Chicago, Illinois.

Open

37.47

Mkt cap

1.8B

Volume

37K

High

39.42

P/E Ratio

1958.00

52-wk high

41.47

Low

37.47

Div yield

N/A

52-wk low

28.01

Distribution Solutions Group, Inc. (NASDAQ: DSGR) has completed the acquisition of Tech-Component Resources and ConRes Test Equipment, enhancing its Gexpro Services and TestEquity segments. These acquisitions were funded through existing resources.

Portfolio Pulse from

November 19, 2024 | 12:45 pm

Distribution Solutions Group, Inc. (NASDAQ: DSGR) will participate in the 16th Annual Southwest IDEAS Conference on November 21, 2024, where Brett Scarbrough, VP of Strategy & Investor Relations, will present and engage in one-on-one investor meetings.

Portfolio Pulse from

November 14, 2024 | 9:45 pm

Distribution Solutions Group (NASDAQ:DSGR) reported Q3 2024 earnings per share of $0.37, missing the consensus estimate of $0.40. However, the company exceeded sales expectations with $468.019 million, a 6.63% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:32 am

Distribution Solutions Group's TestEquity is set to acquire ConRes Test Equipment, which generates $12 million in annual sales. The acquisition is expected to enhance DSG's EBITDA margins and will be funded through existing cash and credit. The deal is expected to close in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 9:03 pm

Distribution Solutions Group's subsidiary, Gexpro Services, plans to acquire Singapore-based Tech-Component Resources. The acquisition will be funded through existing cash and is expected to close in Q4 2024. It is not expected to materially impact DSG's financial results.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:50 pm

Barrington Research analyst Kevin Steinke maintains an Outperform rating on Distribution Solutions Group (NASDAQ:DSGR) and raises the price target from $40 to $43.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 1:27 pm

Stephens & Co. analyst Tommy Moll has reiterated an Overweight rating on Distribution Solutions Group (NASDAQ:DSGR) and maintained a $42 price target.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 4:32 pm

Distribution Solutions Group (NASDAQ:DSGR) reported Q2 2024 adjusted EPS of $0.40, beating the $0.31 estimate by 29.03%. Sales were $439.536M, surpassing the $438.367M estimate and marking a 16.28% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:32 am

Four analysts have shared their evaluations of Distribution Solutions Group (NASDAQ:DSGR) over the past three months, with all ratings being somewhat bullish. The average 12-month price target has increased by 7.72% to $39.5. Key analysts have maintained or raised their ratings and price targets, reflecting positive sentiment towards the company's performance.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 3:00 pm

Barrington Research analyst Kevin Steinke maintains an Outperform rating on Distribution Solutions Group (NASDAQ:DSGR) with a $40 price target.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 2:37 pm

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