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NASDAQ:DSGX

The Descartes Systems Group (DSGX) Stock Price, News & Analysis

The Descartes Systems Group logo
$114.40 +0.27 (+0.24%)
(As of 12:20 PM ET)

About The Descartes Systems Group Stock (NASDAQ:DSGX)

Key Stats

Today's Range
$113.72
$114.77
50-Day Range
$97.94
$115.95
52-Week Range
$79.21
$117.24
Volume
40,529 shs
Average Volume
152,421 shs
Market Capitalization
$9.78 billion
P/E Ratio
77.30
Dividend Yield
N/A
Price Target
$109.25
Consensus Rating
Moderate Buy

Company Overview

The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services. It also offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. In addition, the company provides consulting, implementation, and training services, as well as maintenance and support services. It serves transportation providers, such as air, ocean, and truck modes; logistics service providers, including third-party logistics providers, freight forwarders, and customs brokers; and distribution-intensive companies, such as manufacturers, retailers, distributors, and mobile business service providers through subscription, transactional or perpetual license basis. The Descartes Systems Group Inc. was incorporated in 1981 and is headquartered in Waterloo, Canada.

The Descartes Systems Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
61st Percentile Overall Score

DSGX MarketRank™: 

The Descartes Systems Group scored higher than 61% of companies evaluated by MarketBeat, and ranked 344th out of 651 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    The Descartes Systems Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    The Descartes Systems Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about The Descartes Systems Group's stock forecast and price target.
  • Earnings Growth

    Earnings for The Descartes Systems Group are expected to grow by 20.12% in the coming year, from $1.69 to $2.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of The Descartes Systems Group is 77.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of The Descartes Systems Group is 77.11, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 227.44.

  • Price to Book Value per Share Ratio

    The Descartes Systems Group has a P/B Ratio of 7.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about The Descartes Systems Group's valuation and earnings.
  • Percentage of Shares Shorted

    0.66% of the float of The Descartes Systems Group has been sold short.
  • Short Interest Ratio / Days to Cover

    The Descartes Systems Group has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in The Descartes Systems Group has recently increased by 8.09%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    The Descartes Systems Group does not currently pay a dividend.

  • Dividend Growth

    The Descartes Systems Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.66% of the float of The Descartes Systems Group has been sold short.
  • Short Interest Ratio / Days to Cover

    The Descartes Systems Group has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in The Descartes Systems Group has recently increased by 8.09%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    The Descartes Systems Group has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for The Descartes Systems Group this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    Only 2 people have added The Descartes Systems Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, The Descartes Systems Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.31% of the stock of The Descartes Systems Group is held by insiders.

  • Percentage Held by Institutions

    77.73% of the stock of The Descartes Systems Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about The Descartes Systems Group's insider trading history.
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DSGX Stock News Headlines

Descartes Systems’ foreign trade solution seleced by Automated Logistics Systems
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The Descartes Systems Group (DSGX) Receives a Buy from RBC Capital
The Descartes Systems Group (DSGX) Receives a Buy from Scotiabank
See More Headlines

DSGX Stock Analysis - Frequently Asked Questions

The Descartes Systems Group's stock was trading at $84.06 at the beginning of the year. Since then, DSGX shares have increased by 35.8% and is now trading at $114.13.
View the best growth stocks for 2024 here
.

The Descartes Systems Group Inc. (NASDAQ:DSGX) announced its earnings results on Wednesday, September, 4th. The technology company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.43 by $0.03. The company's quarterly revenue was up 14.0% on a year-over-year basis.

The Descartes Systems Group subsidiaries include these companies: Peoplevox.

Top institutional investors of The Descartes Systems Group include Conestoga Capital Advisors LLC (3.71%), Fiera Capital Corp (3.02%), Primecap Management Co. CA (2.47%) and Connor Clark & Lunn Investment Management Ltd. (2.24%).

Shares of DSGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that The Descartes Systems Group investors own include Realty Income (O), Tesla (TSLA), PayPal (PYPL), Netflix (NFLX), Advanced Micro Devices (AMD), Shopify (SHOP) and NIO (NIO).

Company Calendar

Last Earnings
9/04/2024
Today
11/21/2024
Next Earnings (Confirmed)
12/03/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:DSGX
Employees
2,175
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$109.25
High Stock Price Target
$125.00
Low Stock Price Target
$90.00
Potential Upside/Downside
-4.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.79
Research Coverage
14 Analysts

Profitability

Net Income
$115.91 million
Pretax Margin
27.87%

Debt

Sales & Book Value

Annual Sales
$572.90 million
Cash Flow
$2.19 per share
Book Value
$14.55 per share

Miscellaneous

Free Float
85,193,000
Market Cap
$9.75 billion
Optionable
Optionable
Beta
0.97

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This page (NASDAQ:DSGX) was last updated on 11/21/2024 by MarketBeat.com Staff
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