Brokerages Set Daseke Inc (DSKE) PT at $14.88
Daseke Inc (NASDAQ:DSKE) has earned an average recommendation of “Buy” from the seven ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $14.70.
DSKE has been the topic of several research reports. Northland Securities reaffirmed a “buy” rating and issued a $17.50 target price on shares of Daseke in a research report on Monday, December 11th. BidaskClub raised Daseke from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th. Finally, Buckingham Research began coverage on Daseke in a research report on Friday. They set a “buy” rating and a $14.00 price target on the stock.
In related news, Director Kevin M. Charlton sold 80,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $9.99, for a total transaction of $799,200.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 37.22% of the company’s stock.
Daseke (NASDAQ DSKE) traded up $0.47 during trading on Tuesday, hitting $10.69. The stock had a trading volume of 764,208 shares, compared to its average volume of 493,361. Daseke has a 52 week low of $8.76 and a 52 week high of $14.52. The company has a quick ratio of 2.89, a current ratio of 2.88 and a debt-to-equity ratio of 2.05. The firm has a market capitalization of $474.55 and a P/E ratio of -12.88.
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Daseke Company Profile
Daseke, Inc is a consolidator of the open deck freight market in North America. The Company provides open deck transportation and logistics. It operates through two segments: Flatbed Solutions and Specialized Solutions. The Flatbed Solutions segment focuses on delivering transportation and logistics solutions that principally require the use of flatbed and retractable-sided transportation equipment.
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