Alert: Positive Fundamental Signals (4/1/24)-Distribution Solutions Group Inc (NASDAQ: DSGR)

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Distribution Solutions Group Inc (NASDAQ: DSGR). Extremely significant positive changes in fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings 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.

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Current PriceTarget Research Rating

DSGR is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Distribution Solutions Group has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Distribution Solutions Group has a neutral Appreciation Score of 51 but a good Power Rating of 84, resulting in the Positive Value Trend Rating.

Recent Price Action

Distribution Solutions Group Inc (NASDAQ: DSGR) stock closed at $34.61 on 4/1/24 after a decline of -2.5%. However, this decline was accompanied by exceptionally low trading volume at 46% of normal. The stock has declined -3.0% during the last week but has been exceptionally strong relative to the market over the last nine months.

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