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TSE:DSG

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

The Descartes Systems Group logo
C$156.95 -0.46 (-0.29%)
(As of 11/15/2024 ET)

About The Descartes Systems Group Stock (TSE:DSG)

Key Stats

Today's Range
C$156.08
C$157.65
50-Day Range
C$128.20
C$162.48
52-Week Range
C$105.80
C$163.72
Volume
165,600 shs
Average Volume
104,686 shs
Market Capitalization
C$13.42 billion
P/E Ratio
78.87
Dividend Yield
1.06%
Price Target
C$89.67
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
28th Percentile Overall Score

DSG MarketRank™: 

The Descartes Systems Group scored higher than 28% of companies evaluated by MarketBeat. 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 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    The Descartes Systems Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about The Descartes Systems Group's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of The Descartes Systems Group is 78.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of The Descartes Systems Group is 78.87, 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 219.97.

  • Price to Earnings Growth Ratio

    The Descartes Systems Group has a PEG Ratio of 2.39. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    The Descartes Systems Group has a P/B Ratio of 10.22. 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.
  • Short Interest

    There is no current short interest data available for DSG.
  • Dividend Yield

    The Descartes Systems Group pays a meaningful dividend of 1.06%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

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

  • Read more about The Descartes Systems Group's dividend.
  • Short Interest

    There is no current short interest data available for DSG.
  • News Sentiment

    The Descartes Systems Group has a news sentiment score of 0.85. 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 0.60 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for The Descartes Systems Group this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added The Descartes Systems Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, The Descartes Systems Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$4,544,919.00 in company stock.

  • Percentage Held by Insiders

    Only 0.02% of the stock of The Descartes Systems Group is held by insiders.

  • Percentage Held by Institutions

    87.12% 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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DSG Stock News Headlines

Barclays upgrades The Descartes Systems Group (DSGX) to a Hold
When it comes to NVDA… “acceleration cycles” are the key
Expert options trader Graham Lindman has been working on a new way to tap into Nvidia’s options… By simply isolating outsized “acceleration cycles” within Nvidia stock (most investors don’t even know it exists)... And thanks to many months and late nights working out the kinks of the systems… They have finally found a way to target these cycles on Nvidia over and over again.
Aroma Retail Expands with Descartes Solutions
Descartes Announces Upcoming Financial Results Release
See More Headlines

DSG Stock Analysis - Frequently Asked Questions

The Descartes Systems Group's stock was trading at C$111.33 at the beginning of 2024. Since then, DSG stock has increased by 41.0% and is now trading at C$156.95.
View the best growth stocks for 2024 here
.

The Descartes Systems Group Inc. (TSE:DSG) posted its quarterly earnings results on Wednesday, September, 4th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.59 by $0.04. The company had revenue of $223.45 million for the quarter, compared to analyst estimates of $217.69 million. The Descartes Systems Group had a trailing twelve-month return on equity of 10.28% and a net margin of 21.03%.

Shares of DSG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that The Descartes Systems Group investors own include Constellation Software (CSU), Intact Financial (IFC), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Open Text (OTEX).

Company Calendar

Last Earnings
9/04/2024
Today
11/17/2024
Next Earnings (Confirmed)
12/03/2024

Industry, Sector and Symbol

Industry
Software - Application
Sub-Industry
Retail
CIK
N/A
Fax
N/A
Employees
50,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$89.67
High Stock Price Target
C$110.00
Low Stock Price Target
C$75.00
Potential Upside/Downside
-42.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
C$127.79 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$607.70 million
Cash Flow
C$4.70 per share
Book Value
C$15.35 per share

Miscellaneous

Free Float
N/A
Market Cap
C$13.42 billion
Optionable
Not Optionable
Beta
0.74
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This page (TSE:DSG) was last updated on 11/17/2024 by MarketBeat.com Staff
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