DSGR Stock Summary and Trading Ideas (Distribution Solns Gr | NASDAQ:DSGR)

Distribution Solutions Group Inc is an industrial distributor of maintenance and repair supplies. It has three operating segments namely Lawson, TestEquity, and Gexpro Services, of which key revenue is derived from the TestEquity segment. The TestEquity segment is a distributor of test and measurement equipment and solutions, electronic production supplies, and tool kits from its manufacturer partners supporting the technology, aerospace, defense, automotive, electronics, education, and medical industries.

Distribution Solns Gr trades on the NASDAQ stock market under the symbol DSGR.

As of December 13, 2024, DSGR stock price declined to $39.00 with 43,966 million shares trading.

DSGR has a beta of 1.67, meaning it tends to be more sensitive to market movements. DSGR has a correlation of 0.30 to the broad based SPY ETF.

DSGR has a market cap of $1.82 billion. This is considered a Small Cap stock.

Last quarter Distribution Solns Gr reported $468 million in Revenue and $.37 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.03.

The top ETF exchange traded funds that DSGR belongs to (by Net Assets): VTI, IWM, VXF, DWAS, IWO.

DSGR has outperformed the market in the last year with a return of +46.1%, while the SPY ETF gained +31.7%. In the last 3 month period, DSGR beat the market returning +11.4%, while SPY returned +8.4%. However, in the most recent 2 weeks DSGR has underperformed the stock market by returning -0.5%, while SPY returned +0.9%.

DSGR support price is $38.21 and resistance is $39.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DSGR shares will trade within this expected range on the day.