How to Buy Distribution Solutions Group Stock
Distribution Solutions Group Inc
Lawson Products, Inc. sells and distributes specialty products to the industrial, commercial, institutional, and government maintenance, repair, and operations market.
Distribution Solutions Group stock last closed at $33.71, down 1.26% from the previous day, and has increased 48.34% in one year. It has overperformed other stocks in the Industrial Distribution industry by 0.17 percentage points. Distribution Solutions Group stock is currently +54.88% from its 52-week low of $21.77, and -7.92% from its 52-week high of $36.61.
At the moment, there are 46.78M DSGR shares outstanding. The market cap of DSGR is $1.58B. In the past 24 hours, 41,246 DSGR shares were traded.
How to Buy Distribution Solutions Group Stock
Not sure how to invest in Distribution Solutions Group stock? Here's how.
- Figure out where to buy Distribution Solutions Group stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Distribution Solutions Group stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Select your method of payment and add your information.
- Evaluate Distribution Solutions Group stock: The Distribution Solutions Group ticker symbol is DSGR. Is Distribution Solutions Group stock a good investment? Should you buy shares of DSGR? How do DSGR's underlying business fundamentals look? Do top analysts think Distribution Solutions Group is a good buy? Why has DSGR's stock price moved recently? (Hint: Our stock analysis website can help you understand if DSGR is a good stock to buy).
- Make your DSGR buy order: Decide if you will purchase DSGR shares at the current market price or use a limit order to buy DSGR shares at a given price.
- Watch your DSGR position: Create a watchlist to track your position in Distribution Solutions Group shares.
Step 1: Figure out where to buy Distribution Solutions Group stock
You need an online brokerage account in order to access the NASDAQ market and buy DSGR stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to invest in DSGR stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create your new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on the best stock app, your next step is to transfer the money for your investment:
Check out the tutorial below for more details transferring money into your brokerage account.
Step 4: Evaluate Distribution Solutions Group stock
After you have identified the best place to buy Distribution Solutions Group stock, it's crucial to analyze their stock before you buy, so you can understand the risk as well as the opportunity.
Overview of key DSGR info
DSGR Due Diligence Checks
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on DSGR's stock page.
Is DSGR stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge DSGR's true value.
Using relative valuations metrics:
- DSGR could be undervalued based on its P/B ratio of 2.38x, relative to Industrial Distribution industry P/B ratio of 6.87x
You can do more valuation research on DSGR's stock here.
How do DSGR Financials look?
Pros:
- There are more short-term assets than short-term liabilities on the DSGR balance sheet.
- There are more short-term assets than long-term liabilities on the DSGR balance sheet.
Cons:
- DSGR profit margin has gone down from 0.6% to -0.6% in the past year.
- DSGR has a relatively high debt to equity ratio of 1.34.
- Total DSGR debt is higher than 5 years ago, relative to shareholder equity.
- DSGR earnings of $40.77M is not enough to cover its interest payments.
- DSGR's operating cash flow of $102.29M allows it to safely service it's debt of $649.05M.
Is it a good time to buy DSGR stock, according to analysts?
Out of 1 sell side analysts who track DSGR, the consensus analyst rating on DSGR is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Distribution Solutions Group stock forecast page.
DSGR Trading Indicators
DSGR Growth Metrics
Last year, DSGR revenue was $1.57B. Over the past 5 year, DSGR's revenue has grown by 35.05% per year. This was faster than the Industrial Distribution industry average of 23.09%.
You can research DSGR's earnings and revenue performance here.
Who is buying/selling DSGR?
In the last year, executives and large shareholders at DSGR have bought more shares than they have sold.
Ronald J. Knutson, EVP CFO Treasurer of DSGR, was the latest DSGR insider to sell. They sold $61,328.92 worth of DSGR shares on Apr 1, 2024.
Get more info about who owns DSGR shares here.
Does DSGR provide a stable income stream?
No, Distribution Solutions Group doesn't provide an income stream by paying out dividends.
DSGR Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your DSGR buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Watch your DSGR position
Now that you own some DSGR stock, you'll want to stay up-to-date on your new investment.
Add DSGR to a watchlist to monitor your DSGR stock.
DSGR Feed
How to Buy Stock in Distribution Solutions Group
To summarize, here are the 6 steps for buying Distribution Solutions Group stock:
- Figure out where to buy Distribution Solutions Group stock
- Sign up for a brokerage account
- Put funds into your investment account
- Evaluate Distribution Solutions Group stock
- Make your DSGR buy order
- Watch your DSGR position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Distribution Solutions Group, create your watchlist below.
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