Distribution Solutions Group, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Kevin Steinke from Barrington reiterated a Buy rating on the stock and has a $41.00 price target.
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Kevin Steinke has given his Buy rating due to a combination of factors that highlight Distribution Solutions Group’s strong performance and growth potential. The company reported a significant revenue increase of 14.3% year-over-year in Q2/25, surpassing both the firm’s and consensus estimates. This growth was driven by both organic improvements and strategic acquisitions, particularly the acquisition of Source Atlantic, which contributed substantially to the revenue increase.
Moreover, the Gexpro Services segment demonstrated impressive organic growth, benefiting from robust demand in key markets such as renewable energy, aerospace, and technology. Although some segments like TestEquity and Lawson Products faced challenges, there were signs of improvement and stabilization, particularly in Lawson’s core business. The strategic positioning of DSG as a comprehensive solution provider in various industrial markets further supports the positive outlook, making the stock an attractive investment opportunity according to Steinke’s analysis.
In another report released on August 19, TR | OpenAI – 4o also upgraded the stock to a Buy with a $36.00 price target.