Distribution Solutions Group: Stabilizing
Distribution Solutions Group is seeing stabilizing demand as various industrial and tech-related end-markets have started to turn the quarter over the past few quarters. The above stabilization is supported by various internal initiatives like cross-selling their recent acquisitions, as well as growing margins via improved cost alignment (elimination of duplicate costs). DSGR's valuation is closer to what I'd deem as a fair, however their capital allocation and internal initiatives support a positive long-term fundamental outlook.
Distribution Solutions Group (DSGR) Just Flashed Golden Cross Signal: Do You Buy?
From a technical perspective, Distribution Solutions Group, Inc. (DSGR) is looking like an interesting pick, as it just reached a key level of support. DSGR's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
Distribution Solutions Group, Inc. (DSGR) Q2 2024 Earnings Call Transcript
Distribution Solutions Group, Inc. (NASDAQ:DSGR ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Steven Hooser - Three Part Advisors J. Bryan King – CEO and Chairman Ron Knutson – EVP and CFO Conference Call Participants Kevin Steinke - Barrington Research Operator Good day, and welcome to the Distribution Solutions Group Second Quarter 2024 Earnings Conference Call.
Distribution Solutions Group (DSGR) Q2 Earnings and Revenues Top Estimates
Distribution Solutions Group (DSGR) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.26 per share a year ago.
Distribution Solutions Group: Results Tracking As Expected
Distribution Solutions Group's Q1 2024 results came in largely with where I was expecting them. Looking out, their end-markets are attractively starting to stabilize/grow with only TestEquity continuing to lag, although management's optimistic things turn here too. With cross-selling continuing, margin growth opportunities from an unoptimized salesforce, and accretive capital allocation, investors can earn attractive returns.
