Daseke Inc

Company Profile

Daseke Inc had its IPO on 2015-10-12 under the ticker symbol DSKE.

The company operates in the Industrials sector and Trucking industry. Daseke Inc has a staff strength of 4,123 employees.

Stock update

Shares of Daseke Inc opened at $7.02 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $6.91 - $7.2, and closed at $7.17.

This is a +0.7% increase from the previous day's closing price.

A total volume of 173,352 shares were traded at the close of the day’s session.

In the last one week, shares of Daseke Inc have slipped by -0.97%.

Daseke Inc's Key Ratios

Daseke Inc has a market cap of $323.53 million, indicating a price to book ratio of 1.6727 and a price to sales ratio of 0.1539.

In the last 12-months Daseke Inc’s revenue was $1.77 billion with a gross profit of $513.30 million and an EBITDA of $185.80 million. The EBITDA ratio measures Daseke Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Daseke Inc’s operating margin was 5.24% while its return on assets stood at 5.09% with a return of equity of 27.21%.

In Q4, Daseke Inc’s quarterly earnings growth was a positive 190.1% while revenue growth was a positive 3.5%.

Daseke Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

10.3913

PEG

-2.24

Its diluted EPS in the last 12-months stands at $0.69 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -2.24. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Daseke Inc’s profitability.

Daseke Inc stock is trading at a EV to sales ratio of 0.5126 and a EV to EBITDA ratio of 4.5184. Its price to sales ratio in the trailing 12-months stood at 0.1539.

Daseke Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.20 billion

Total Liabilities

$243.80 million

Operating Cash Flow

$4.20 million

Capital Expenditure

$8.70 million

Dividend Payout Ratio

0%

Daseke Inc ended 2023 with $1.20 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.20 billion while shareholder equity stood at $193.00 million.

Daseke Inc ended 2023 with $95.00 million in deferred long-term liabilities, $243.80 million in other current liabilities, in common stock, $-232300000.00 in retained earnings and $137.30 million in goodwill. Its cash balance stood at $153.40 million and cash and short-term investments were $153.40 million. The company’s total short-term debt was $78,400,000 while long-term debt stood at $582.30 million.

Daseke Inc’s total current assets stands at $378.20 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $179.00 million compared to accounts payable of $14.70 million and inventory worth $4.20 million.

In 2023, Daseke Inc's operating cash flow was $4.20 million while its capital expenditure stood at $8.70 million.

Comparatively, Daseke Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$7.17

52-Week High

$11.14

52-Week Low

$4.69

Analyst Target Price

$12.88

Daseke Inc stock is currently trading at $7.17 per share. It touched a 52-week high of $11.14 and a 52-week low of $11.14. Analysts tracking the stock have a 12-month average target price of $12.88.

Its 50-day moving average was $7.54 and 200-day moving average was $6.54 The short ratio stood at 2.1 indicating a short percent outstanding of 0%.

Around 1775.3% of the company’s stock are held by insiders while 5749.1% are held by institutions.