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

38.51

Mkt cap

1.8B

Volume

22K

High

38.51

P/E Ratio

1880.50

52-wk high

41.47

Low

37.36

Div yield

N/A

52-wk low

24.55

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

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 1:24 pm

Distribution Solutions Group (DSGR) shares are trading higher following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 5:14 pm

Distribution Solns Gr (DSGR) reported Q1 2024 adjusted EPS of $0.25, missing the $0.28 estimate, and sales of $416.086M, slightly below the $417.933M estimate. This represents a 19.47% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:32 am

Barrington Research analyst Kevin Steinke has maintained an Outperform rating on Distribution Solns Gr (NASDAQ:DSGR) and raised the price target from $34 to $36.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 5:28 pm

Distribution Solns Gr (DSGR) Q4 results: Adjusted EPS of $0.22 beats the $0.14 estimate, a 69.23% increase YOY. Sales of $405.24M, missing the $419.00M estimate, yet a 23.23% increase YOY.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 12:35 pm

Numerous companies are scheduled to report their quarterly earnings on March 7, 2024, with a mix of projected earnings and losses across various sectors. Notable mentions include CI&T, Stevanato Gr, ABM Industries, Bilibili, BJ's Wholesale Club, Burlington Stores, and many others, indicating a significant day for investors to monitor potential market movements.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:49 am

Lawson Products, an operating company of Distribution Solutions Group (DSG), has completed the acquisition of Emergent Safety Supply (ESS), a company specializing in safety products with annual sales of around $13 million. The acquisition is expected to be accretive to DSG's adjusted EBITDA margins and was funded through DSG's cash from operations. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 12:43 pm

Distribution Solutions Group (DSGR) has announced a new share repurchase program authorizing the buyback of up to $25 million of its shares. This move reflects the company's confidence in its financial strength and commitment to delivering shareholder value. The repurchase program allows DSGR to buy back shares opportunistically, potentially supporting the stock price and earnings per share.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:03 pm

Distribution Solns Gr (NASDAQ:DSGR) reported Q3 adjusted earnings of $0.17 per share, missing the analyst consensus estimate of $0.24 by 29.17%. This is a 46.88% decrease from the same period last year. The company also reported quarterly sales of $438.91 million, missing the analyst consensus estimate of $451.70 million by 2.83%. However, this is a 26.43% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:32 am

Stephens & Co. analyst Tommy Moll has initiated coverage on Distribution Solns Gr (NASDAQ:DSGR) with an Overweight rating and a price target of $38.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:39 pm

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