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NASDAQ:DSGX

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

$101.94
-1.02 (-0.99%)
(As of 10/1/2024 ET)

About The Descartes Systems Group Stock (NASDAQ:DSGX)

Key Stats

Today's Range
$100.73
$102.73
50-Day Range
$93.79
$104.90
52-Week Range
$69.59
$105.12
Volume
109,165 shs
Average Volume
154,707 shs
Market Capitalization
$8.70 billion
P/E Ratio
72.81
Dividend Yield
N/A
Price Target
$104.83
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
76th Percentile Overall Score

DSGX MarketRank™: 

The Descartes Systems Group scored higher than 76% of companies evaluated by MarketBeat, and ranked 239th out of 664 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 2.71, and is based on 9 buy ratings, 3 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    The Descartes Systems Group has been the subject of 6 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 24.55% in the coming year, from $1.67 to $2.08 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of The Descartes Systems Group is 72.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.69.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of The Descartes Systems Group is 72.81, 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 234.01.

  • Price to Book Value per Share Ratio

    The Descartes Systems Group has a P/B Ratio of 6.64. 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

    0.60% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in The Descartes Systems Group has recently decreased by 5.68%, indicating that investor sentiment is improving 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

    0.60% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in The Descartes Systems Group has recently decreased by 5.68%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    The Descartes Systems Group has a news sentiment score of 0.93. 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 19 news articles for The Descartes Systems Group this week, compared to 5 articles on an average week.
  • 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

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DSGX Stock Analysis - Frequently Asked Questions

The Descartes Systems Group's stock was trading at $84.06 at the beginning of 2024. Since then, DSGX stock has increased by 21.3% and is now trading at $101.94.
View the best growth stocks for 2024 here
.

The Descartes Systems Group Inc. (NASDAQ:DSGX) posted its quarterly 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 business's quarterly revenue was up 14.0% compared to the same quarter last year.

The Descartes Systems Group subsidiaries include these companies: Peoplevox.

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 Pfizer (PFE), Walmart (WMT), AbbVie (ABBV), Mastercard (MA), NVIDIA (NVDA), Verizon Communications (VZ) and Activision Blizzard (ATVI).

Company Calendar

Last Earnings
9/04/2024
Today
10/01/2024
Next Earnings (Estimated)
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
$104.83
High Stock Price Target
$125.00
Low Stock Price Target
$88.00
Potential Upside/Downside
+2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

Net Income
$115.91 million
Pretax Margin
27.87%

Debt

Sales & Book Value

Annual Sales
$607.70 million
Cash Flow
$2.10 per share
Book Value
$15.35 per share

Miscellaneous

Free Float
85,116,000
Market Cap
$8.70 billion
Optionable
Optionable
Beta
0.98

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This page (NASDAQ:DSGX) was last updated on 10/2/2024 by MarketBeat.com Staff
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