Northland Securities analyst Greg Gibas maintained a Buy rating on Daseke Inc (DSKE) today and set a price target of $6. The company’s shares closed yesterday at $2.53, close to its 52-week low of $2.51.
According to TipRanks.com, Gibas is a 1-star analyst with an average return of -9.8% and a 27.3% success rate. Gibas covers the Technology sector, focusing on stocks such as Boingo Wireless Inc, Global Eagle, and Gogo Inc.
Currently, the analyst consensus on Daseke Inc is a Moderate Buy with an average price target of $5.50.
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Based on Daseke Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $6.4 million. In comparison, last year the company had a net profit of $13.26 million.
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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 and retractable-sided transportation equipment to meet the needs of high-volume and time-sensitive shippers.
