Daseke Inc (DSKE) Receives a Rating Update from a Top Analyst


In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Daseke Inc (NASDAQ: DSKE), with a price target of $13. The company’s shares closed yesterday at $8.60, close to its 52-week low of $8.04.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 18.9% and a 72.6% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.

Currently, the analyst consensus on Daseke Inc is a Moderate Buy with an average price target of $14.

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Daseke Inc’s market cap is currently $492.5M and has a P/E ratio of 21.5. The company has a Price to Book ratio of 1.33.

Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DSKE in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Daseke, Inc. engages in the provision of transportation and logistics solutions. It operates through the Flatbed Solutions and Specialized Solutions segments. The Flatbed Solutions segment delivers its services through flatbed transportation equipment to meet the needs of high-volume and time-sensitive shippers.

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