Shares of Daseke Inc. (NASDAQ:DSKE) have received an average recommendation of “Buy” from the eight brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $14.13.
DSKE has been the topic of several analyst reports. BidaskClub raised Daseke from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 21st. Buckingham Research initiated coverage on Daseke in a report on Friday, February 23rd. They issued a “buy” rating and a $14.00 target price on the stock. Cowen reissued a “buy” rating on shares of Daseke in a report on Monday, February 26th. Seaport Global Securities began coverage on Daseke in a report on Tuesday, March 6th. They issued a “buy” rating on the stock. Finally, Stifel Nicolaus began coverage on Daseke in a research note on Friday, April 6th. They issued a “buy” rating and a $12.00 price target for the company.
In related news, Director Kevin M. Charlton sold 80,000 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $9.99, for a total transaction of $799,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 37.22% of the stock is owned by insiders.
Daseke stock traded up $0.18 during mid-day trading on Wednesday, hitting $9.17. The company had a trading volume of 569,097 shares, compared to its average volume of 463,456. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 2.01. Daseke has a 12 month low of $8.76 and a 12 month high of $14.52. The company has a market capitalization of $513.95, a price-to-earnings ratio of -15.28 and a beta of 0.70.
Daseke (NASDAQ:DSKE) last released its earnings results on Friday, March 16th. The company reported ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.18) by $0.05. Daseke had a negative return on equity of 7.54% and a net margin of 3.09%. The business had revenue of $257.23 million for the quarter, compared to the consensus estimate of $253.61 million. equities research analysts predict that Daseke will post 0.06 EPS for the current year.
COPYRIGHT VIOLATION WARNING: “Daseke Inc. (DSKE) Given Consensus Recommendation of “Buy” by Analysts” was published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://www.chaffeybreeze.com/2018/04/16/daseke-inc-dske-given-consensus-recommendation-of-buy-by-analysts.html.
Daseke Company Profile
Daseke, Inc provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through Flatbed Solutions and Specialized Solutions segments. The company transports heavy haul freight, defense and commercial arms, ammunition and explosives, radioactive cargo and hazardous materials, and commercial sheet glass, as well as offers 10-wheel drive-away services.
Receive News & Ratings for Daseke Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daseke and related companies with MarketBeat.com's FREE daily email newsletter.