Daseke (NASDAQ:DSKE) will issue its quarterly earnings data before the market opens on Monday, May 6th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Daseke has set its FY 2019 guidance at EPS.
Daseke (NASDAQ:DSKE) last released its quarterly earnings results on Friday, March 8th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.38. The business had revenue of $447.00 million during the quarter, compared to analyst estimates of $440.14 million. Daseke had a positive return on equity of 4.84% and a negative net margin of 0.32%. Daseke’s quarterly revenue was up 73.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.12) EPS. On average, analysts expect Daseke to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
DSKE opened at $5.29 on Monday. The company has a market cap of $341.05 million, a price-to-earnings ratio of 8.27 and a beta of 1.31. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.59 and a quick ratio of 1.59. Daseke has a one year low of $3.13 and a one year high of $10.19.
An institutional investor recently raised its position in Daseke stock. Geode Capital Management LLC grew its position in shares of Daseke Inc (NASDAQ:DSKE) by 12.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 544,014 shares of the company’s stock after acquiring an additional 61,789 shares during the period. Geode Capital Management LLC owned about 0.84% of Daseke worth $2,001,000 at the end of the most recent quarter. Institutional investors own 33.49% of the company’s stock.
DSKE has been the subject of a number of recent analyst reports. Craig Hallum raised Daseke from a “hold” rating to a “buy” rating in a research report on Monday, March 11th. BidaskClub raised Daseke from a “strong sell” rating to a “sell” rating in a research report on Tuesday, January 22nd. ValuEngine lowered Daseke from a “hold” rating to a “sell” rating in a research report on Monday, March 11th. Finally, Seaport Global Securities reaffirmed a “buy” rating on shares of Daseke in a research report on Friday, April 5th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $15.00.
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Daseke Company Profile
Daseke, Inc provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through two segments, Flatbed Solutions and Specialized Solutions. The company transports aircraft parts, manufacturing equipment, structural steel, pressure vessels, wind turbine blades, heavy machinery, commercial glass, high security cargo, arms, ammunition and explosives, lumber, and building and construction materials.
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