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NASDAQ:DSGX

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

$90.23
+0.10 (+0.11%)
(As of 02:15 PM ET)
Today's Range
$89.20
$90.44
50-Day Range
$84.90
$94.22
52-Week Range
$69.59
$94.54
Volume
148,715 shs
Average Volume
148,246 shs
Market Capitalization
$7.69 billion
P/E Ratio
67.34
Dividend Yield
N/A
Price Target
$98.44

The Descartes Systems Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
9.1% Upside
$98.44 Price Target
Short Interest
Healthy
0.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.99mentions of The Descartes Systems Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.16%
From $1.69 to $1.98 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.02 out of 5 stars

Computer And Technology Sector

303rd out of 582 stocks

Prepackaged Software Industry

108th out of 197 stocks

DSGX stock logo

About The Descartes Systems Group Stock (NASDAQ:DSGX)

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.

DSGX Stock Price History

DSGX Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Descartes Acquires OCR
Descartes Systems: Fiscal Q4 Earnings Snapshot
Earnings Preview For Descartes Systems Gr
The Descartes Systems Group Inc DSGX
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Today
4/19/2024
Next Earnings (Estimated)
5/29/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:DSGX
Employees
2,083
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$98.44
High Stock Price Target
$110.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+9.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$115.91 million
Pretax Margin
26.38%

Debt

Sales & Book Value

Annual Sales
$572.90 million
Cash Flow
$2.12 per share
Book Value
$14.55 per share

Miscellaneous

Free Float
84,845,000
Market Cap
$7.67 billion
Optionable
Optionable
Beta
0.94

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Key Executives

  • Mr. Edward J. Ryan B.A. (Age 55)
    CEO & Director
    Comp: $1.09M
  • Mr. John Scott Pagan
    President & COO
  • Mr. Allan J. Brett C.A. (Age 55)
    C.B.V., Chief Financial Officer
    Comp: $794.09k
  • Mr. Kenneth Edward Wood
    Executive Vice President of Product Management
  • Mr. Andrew Roszko
    Chief Commercial Officer
  • Mr. Raimond Diederik
    Executive Vice President of Information Services
  • Mr. Peter Nguyen
    Senior VP Legal, General Counsel & Corporate Secretary
  • Mr. Christopher Jones (Age 65)
    Executive Vice President of Marketing, Industry & Services
    Comp: $275k
  • Mr. Edward James Gardner
    Executive Vice President of Corporate Development
  • Ms. Maija Michell
    Senior Vice President of Human Resources

DSGX Stock Analysis - Frequently Asked Questions

Should I buy or sell The Descartes Systems Group stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last year. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DSGX shares.
View DSGX analyst ratings
or view top-rated stocks.

What is The Descartes Systems Group's stock price target for 2024?

10 analysts have issued 12 month price objectives for The Descartes Systems Group's shares. Their DSGX share price targets range from $75.00 to $110.00. On average, they expect the company's share price to reach $98.44 in the next year. This suggests a possible upside of 9.1% from the stock's current price.
View analysts price targets for DSGX
or view top-rated stocks among Wall Street analysts.

How have DSGX shares performed in 2024?

The Descartes Systems Group's stock was trading at $84.06 at the beginning of 2024. Since then, DSGX stock has increased by 7.3% and is now trading at $90.23.
View the best growth stocks for 2024 here
.

Are investors shorting The Descartes Systems Group?

The Descartes Systems Group saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 502,600 shares, an increase of 13.0% from the March 15th total of 444,900 shares. Based on an average daily trading volume, of 143,400 shares, the days-to-cover ratio is currently 3.5 days. Approximately 0.6% of the shares of the company are short sold.
View The Descartes Systems Group's Short Interest
.

When is The Descartes Systems Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024.
View our DSGX earnings forecast
.

How were The Descartes Systems Group's earnings last quarter?

The Descartes Systems Group Inc. (NASDAQ:DSGX) released its quarterly earnings results on Wednesday, March, 6th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.07. The technology company had revenue of $148.20 million for the quarter, compared to analysts' expectations of $146.62 million. The Descartes Systems Group had a net margin of 20.23% and a trailing twelve-month return on equity of 9.80%. The Descartes Systems Group's quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.34 earnings per share.

What ETF holds The Descartes Systems Group's stock?

iShares Expanded Tech-Software Sector ETF holds 238,224 shares of DSGX stock, representing 0.33% of its portfolio.

What is Ed Ryan's approval rating as The Descartes Systems Group's CEO?

19 employees have rated The Descartes Systems Group Chief Executive Officer Ed Ryan on Glassdoor.com. Ed Ryan has an approval rating of 91% among the company's employees. This puts Ed Ryan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of The Descartes Systems Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Descartes Systems Group investors own include Pfizer (PFE), Walmart (WMT), AbbVie (ABBV), Mastercard (MA), NVIDIA (NVDA), Verizon Communications (VZ), Activision Blizzard (ATVI), Kroger (KR), Visa (V) and Valero Energy (VLO).

Who are The Descartes Systems Group's major shareholders?

The Descartes Systems Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.64%), Wasatch Advisors LP (0.55%), Addenda Capital Inc. (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.20%) and Park Place Capital Corp (0.00%).

How do I buy shares of The Descartes Systems Group?

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.

Does The Descartes Systems Group have any subsidiaries?
The following companies are subsidiares of The Descartes Systems Group: Peoplevox.
Read More
This page (NASDAQ:DSGX) was last updated on 4/19/2024 by MarketBeat.com Staff

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