Descartes Systems Group Inc (Descartes) is a Canada-based global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. Its network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, status messages); regulatory compliance and customs filing; route and resource planning, execution and monitoring; access and leverage global trade and restricted party data; inventory and asset visibility; rate and transportation management, and warehouse operations. Its solutions include Logistics Technology Platform that fuses the Descartes Global Logistics Network (Descartes GLN); customs and regulatory compliance; routing, mobile and telematics; global logistics network services; transportation management, and broker and forwarder enterprise systems. It operates through MacroPoint.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Enterprise Software
- Sub-Industry: N/A
- Symbol: NASDAQ:DSGX
- CUSIP: N/A
- Web: www.descartes.com
Capitalization:- Market Cap: $2.11767 billion
- Outstanding Shares: 75,969,000
Average Prices:- 50 Day Moving Avg: $27.18
- 200 Day Moving Avg: $24.61
- 52 Week Range: $20.20 - $29.25
P/E:- Trailing P/E Ratio: 85.94
- Foreward P/E Ratio: 51.89
- P/E Growth: 3.24
Sales & Book Value:- Annual Revenue: $209.38 million
- Price / Sales: 9.98
- Book Value: $5.77 per share
- Price / Book: 4.77
Profitability:- EBIDTA: $70.06 million
- Net Margins: 12.06%
- Return on Equity: 5.97%
- Return on Assets: 5.04%
Debt:- Debt-to-Equity Ratio: 0.09%
- Current Ratio: 2.18%
- Quick Ratio: 2.18%
Misc:- Average Volume: 72,602 shs.
- Beta: 0.56
- Short Ratio: 2.36
Frequently Asked Questions for The Descartes Systems Group (NASDAQ:DSGX)
What is The Descartes Systems Group's stock symbol?
The Descartes Systems Group trades on the NASDAQ under the ticker symbol "DSGX."
How were The Descartes Systems Group's earnings last quarter?
The Descartes Systems Group Inc. (NASDAQ:DSGX) released its earnings results on Wednesday, September, 6th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by $0.01. The firm had revenue of $57.29 million for the quarter, compared to analyst estimates of $55.74 million. The Descartes Systems Group had a net margin of 12.06% and a return on equity of 5.97%. View The Descartes Systems Group's Earnings History.
When will The Descartes Systems Group make its next earnings announcement?
Where is The Descartes Systems Group's stock going? Where will The Descartes Systems Group's stock price be in 2017?
9 equities research analysts have issued 1-year price targets for The Descartes Systems Group's stock. Their forecasts range from $26.00 to $40.50. On average, they expect The Descartes Systems Group's share price to reach $32.31 in the next twelve months. View Analyst Ratings for The Descartes Systems Group.
What are analysts saying about The Descartes Systems Group stock?
Here are some recent quotes from research analysts about The Descartes Systems Group stock:
- 1. According to Zacks Investment Research, "Descartes Systems Group Inc. a leading provider of software-as-a-service logistics solutions. It is delivering results across the globe today for organizations that operate logistics-intensive businesses. Descartes' logistics management solutions combine a multi-modal network, the Descartes Global Logistics Network, with component-based 'nano' sized applications to provide messaging services between logistics trading partners, book-to-bill services for contract carriers and private fleet management services for organizations of all sizes. These solutions and services help Descartes' customers reduce administrative costs, billing cycles, fleet size, contract carrier costs, and mileage driven and improve pick up and delivery reliability. Descartes Systems Group Inc. is headquartered in Waterloo, Canada. " (9/7/2017)
- 2. TD Securities analysts commented, "We are expecting revenue growth of about 11% y/y, with contribution from acquisitions. Management purchased five businesses in the past year; however, the majority of these acquisitions were smaller tuck-ins which we believe will have a minor impact on the quarter." (5/31/2017)
Who are some of The Descartes Systems Group's key competitors?
Some companies that are related to The Descartes Systems Group include Fair Isaac Corporation (FICO), RealPage (RP), Ringcentral (RNG), Ellie Mae (ELLI), HubSpot (HUBS), Envestnet (ENV), Ebix (EBIX), Q2 Holdings (QTWO), Appian Corporation (APPN), AppFolio (APPF), MicroStrategy Incorporated (MSTR), Talend S.A. (TLND), Hortonworks (HDP), Luxoft Holding (LXFT), Varonis Systems (VRNS), Benefitfocus (BNFT), Mitel Networks Corporation (MITL) and Instructure (INST).
Who are The Descartes Systems Group's key executives?
The Descartes Systems Group's management team includes the folowing people:
- Eric A. Demirian CPA, Independent Chairman of the Board
- J. Scott Pagan, President, Chief Operating Officer, Corporate Secretary
- Edward J. Ryan, Chief Executive Officer, Director
- Allan J. Brett, Chief Financial Officer
- Michael Verhoeve, Executive Vice President - Legal, General Counsel and Corporate Secretary
- Chris Jones, Executive Vice President - Marketing & Services
- Raimond Diederik, Executive Vice President - Information Services
- Ed Gardner, Executive Vice President - Corporate Development
- Robert Parker, Executive Vice President - Customer Support and Client Services
- Kenneth Wood, Executive Vice President - Product Management
Who owns The Descartes Systems Group stock?
The Descartes Systems Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Jarislowsky Fraser Ltd (5.31%), Mawer Investment Management Ltd. (5.04%), Conestoga Capital Advisors LLC (2.79%), Great West Life Assurance Co. Can (2.76%), Fiera Capital Corp (2.07%) and Vanguard Group Inc. (2.04%). View Institutional Ownership Trends for The Descartes Systems Group.
Who sold The Descartes Systems Group stock? Who is selling The Descartes Systems Group stock?
The Descartes Systems Group's stock was sold by a variety of institutional investors in the last quarter, including Pembroke Management LTD, Dorsey Asset Management LLC, FIL Ltd, Denver Investment Advisors LLC, Renaissance Technologies LLC, Tobam, CIBC World Markets Inc. and CIBC Asset Management Inc. View Insider Buying and Selling for The Descartes Systems Group.
Who bought The Descartes Systems Group stock? Who is buying The Descartes Systems Group stock?
The Descartes Systems Group's stock was purchased by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Conestoga Capital Advisors LLC, Arrowstreet Capital Limited Partnership, Mawer Investment Management Ltd., JPMorgan Chase & Co., Canada Pension Plan Investment Board, Hillsdale Investment Management Inc. and Vanguard Group Inc.. View Insider Buying and Selling for The Descartes Systems Group.
How do I buy The Descartes Systems Group stock?
Shares of The Descartes Systems Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is The Descartes Systems Group's stock price today?
One share of The Descartes Systems Group stock can currently be purchased for approximately $27.50.
MarketBeat Community Rating for The Descartes Systems Group (NASDAQ DSGX)MarketBeat's community ratings are surveys of what our community members think about The Descartes Systems Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for The Descartes Systems Group (NASDAQ:DSGX) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 7 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.78) |
| Consensus Price Target: | $32.31 (17.50% upside) |
Analysts' Ratings History for The Descartes Systems Group (NASDAQ:DSGX)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/7/2017 | Scotiabank | Boost Price Target | Outperform | $28.00 -> $36.00 | Low |  |
| 9/7/2017 | TD Securities | Boost Price Target | Buy | $29.00 -> $40.50 | Low | |
| 9/7/2017 | Raymond James Financial, Inc. | Boost Price Target | Outperform | $27.50 -> $38.00 | Low | |
| 9/7/2017 | BMO Capital Markets | Boost Price Target | Market Perform | $26.00 -> $29.00 | Low | |
| 9/7/2017 | Canaccord Genuity | Reiterated Rating | Buy | $28.00 -> $30.00 | Medium | |
| 8/31/2017 | Royal Bank Of Canada | Boost Price Target | Outperform | $27.00 -> $32.00 | Low | |
| 6/1/2017 | Morgan Stanley | Reiterated Rating | Equal Weight | $25.00 -> $27.00 | Low | |
| 3/13/2017 | Barclays PLC | Reiterated Rating | Buy | $26.00 | Low | |
| 10/19/2016 | CIBC | Upgrade | Sector Perform -> Sector Outperform | | N/A | |
| 5/26/2016 | Beacon Securities | Downgrade | Buy -> Hold | | N/A | |
| 12/4/2015 | Cantor Fitzgerald | Boost Price Target | Buy | $21.00 -> $23.50 | N/A | |
(Data available from 9/19/2015 forward)
Earnings History for The Descartes Systems Group (NASDAQ:DSGX)Earnings History by Quarter for The Descartes Systems Group (NASDAQ DSGX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/29/2017 | | | | | | | | |
| 9/6/2017 | 7/31/2017 | $0.10 | $0.09 | $55.74 million | $57.29 million | View | Listen | |
| 5/31/2017 | Q1 | $0.10 | $0.09 | $54.09 million | $54.51 million | View | N/A | |
| 3/8/2017 | 1/31/2017 | $0.09 | $0.08 | $52.42 million | $52.80 million | View | Listen | |
| 11/30/2016 | Q416 | $0.09 | $0.08 | $51.35 million | $51.54 million | View | N/A | |
| 5/26/2016 | Q1 | $0.08 | $0.08 | $48.75 million | $48.91 million | View | Listen | |
| 3/3/2016 | Q4 2016 | $0.07 | $0.07 | $48.53 million | $48.00 million | View | N/A | |
| 12/3/2015 | Q316 | $0.07 | $0.07 | $47.88 million | $47.36 million | View | N/A | |
| 9/10/2015 | Q216 | $0.08 | $0.07 | $45.23 million | $45.20 million | View | Listen | |
| 5/28/2015 | Q116 | $0.07 | $0.06 | $45.19 million | $44.40 million | View | Listen | |
| 3/5/2015 | Q415 | $0.05 | $0.05 | $45.00 million | $44.30 million | View | N/A | |
| 12/4/2014 | Q315 | $0.06 | $0.10 | $43.79 million | $43.06 million | View | N/A | |
| 9/4/2014 | Q215 | $0.06 | $0.05 | $42.74 million | $42.68 million | View | N/A | |
| 5/29/2014 | Q115 | $0.06 | $0.06 | $40.73 million | $40.80 million | View | N/A | |
| 3/6/2014 | Q414 | $0.03 | $0.04 | $39.39 million | $40.30 million | View | N/A | |
| 12/4/2013 | Q3 | $0.04 | $0.03 | $38.36 million | $38.80 million | View | Listen | |
| 9/5/2013 | Q214 | $0.04 | $0.03 | $37.39 million | $38.20 million | View | N/A | |
| 5/30/2013 | 1Q13 | $0.15 | $0.04 | $33.71 million | $34.00 million | View | N/A | |
| 3/7/2013 | Q413 | $0.15 | $0.16 | $33.45 million | $33.80 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for The Descartes Systems Group (NASDAQ:DSGX)2017 EPS Consensus Estimate: $0.36
2018 EPS Consensus Estimate: $0.44
2019 EPS Consensus Estimate: $0.47
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.08 | $0.09 | $0.09 |
| Q2 2017 | 3 | $0.09 | $0.09 | $0.09 |
| Q3 2017 | 3 | $0.09 | $0.09 | $0.09 |
| Q4 2017 | 3 | $0.08 | $0.10 | $0.09 |
| Q1 2018 | 2 | $0.09 | $0.11 | $0.10 |
| Q2 2018 | 2 | $0.10 | $0.12 | $0.11 |
| Q3 2018 | 2 | $0.10 | $0.13 | $0.12 |
| Q4 2018 | 1 | $0.11 | $0.11 | $0.11 |
| Q1 2019 | 1 | $0.11 | $0.11 | $0.11 |
| Q2 2019 | 1 | $0.12 | $0.12 | $0.12 |
| Q3 2019 | 1 | $0.12 | $0.12 | $0.12 |
| Q4 2019 | 1 | $0.12 | $0.12 | $0.12 |
(Data provided by Zacks Investment Research)
Dividend History for The Descartes Systems Group (NASDAQ:DSGX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for The Descartes Systems Group (NASDAQ:DSGX)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for The Descartes Systems Group (NASDAQ:DSGX)
Latest Headlines for The Descartes Systems Group (NASDAQ:DSGX)
| Source: |
|
| Date | Headline |
|---|
 | Ferrellgas Expands Descartes Routing Solution to Blue Rhino Division for Enhanced Customer Service
finance.yahoo.com - September 12 at 8:09 AM |
| Descartes Systems Gets A Composite Rating Upgrade
finance.yahoo.com - September 11 at 6:36 PM |
| The Descartes Systems Group, Inc. :DSGX-US: Earnings Analysis: Q2, 2018 By the Numbers : September 11, 2017
finance.yahoo.com - September 11 at 6:36 PM |
 | The Descartes Systems Group Inc. (DSGX) Expected to Earn Q3 2018 Earnings of $0.10 Per Share
www.americanbankingnews.com - September 11 at 7:28 AM |
| Brokerages Anticipate The Descartes Systems Group Inc. (DSGX) Will Post Quarterly Sales of $57.58 Million
www.americanbankingnews.com - September 10 at 8:10 AM |
| The Descartes Systems Group Inc. (DSGX) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - September 7 at 10:44 PM |
| The Descartes Systems Group Inc. (DSGX) PT Raised to $33.00 at TD Securities
www.americanbankingnews.com - September 7 at 2:50 PM |
| Raymond James Financial, Inc. Raises The Descartes Systems Group Inc. (DSGX) Price Target to $31.00
www.americanbankingnews.com - September 7 at 2:50 PM |
| The Descartes Systems Group Inc. (DSGX) Given New $29.00 Price Target at Scotiabank
www.americanbankingnews.com - September 7 at 2:16 PM |
| The Descartes Systems Group's (DSGX) "Hold" Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - September 7 at 1:34 PM |
| Canaccord Genuity Increases The Descartes Systems Group Inc. (DSGX) Price Target to $30.00
www.americanbankingnews.com - September 7 at 12:24 PM |
| The Descartes Systems Group Inc. (DSGX) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - September 7 at 10:24 AM |
 | The Descartes Systems' (DSGX) CEO Ed Ryan on Q2 2018 Results - Earnings Call Transcript
seekingalpha.com - September 6 at 11:00 PM |
| Descartes Reports Fiscal 2018 Second Quarter Financial Results
finance.yahoo.com - September 6 at 6:00 PM |
| Descartes Systems misses 2Q profit forecasts
finance.yahoo.com - September 6 at 6:00 PM |
| Royal Bank Of Canada Increases The Descartes Systems Group Inc. (DSGX) Price Target to $32.00
www.americanbankingnews.com - August 31 at 3:48 PM |
| Analyzing The Descartes Systems Group (DSGX) & Pegasystems (PEGA)
www.americanbankingnews.com - August 30 at 10:24 PM |
| The Descartes Systems Group Inc. (DSGX) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - August 30 at 1:00 PM |
| The Descartes Systems Group Inc. (DSGX) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 30 at 1:38 AM |
| The Descartes Systems Group Inc. (DSGX) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - August 23 at 7:46 PM |
 | Manuport Logistics Uses Descartes for SOLAS Compliance
globenewswire.com - August 22 at 6:35 PM |
 | Descartes Systems Group: Manuport Logistics Uses Descartes for SOLAS Compliance
www.finanznachrichten.de - August 22 at 6:35 PM |
| $55.74 Million in Sales Expected for The Descartes Systems Group Inc. (DSGX) This Quarter
www.americanbankingnews.com - August 22 at 7:52 AM |
| The Descartes Systems Group's (DSGX) Buy Rating Reiterated at Canaccord Genuity
www.americanbankingnews.com - August 20 at 3:06 PM |
| The Descartes Systems Group Inc. (DSGX) Rating Reiterated by BMO Capital Markets
www.americanbankingnews.com - August 17 at 4:20 PM |
| The Descartes Systems Group Inc. (DSGX) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - August 16 at 8:26 PM |
| Descartes Systems Group Acquires MacroPoint For Transportation Network
seekingalpha.com - August 15 at 11:47 PM |
| Descartes Acquires MacroPoint
finance.yahoo.com - August 15 at 6:45 PM |
| See what the IHS Markit Score report has to say about Descartes Systems Group Inc.
finance.yahoo.com - August 10 at 7:19 PM |
| The Descartes Systems Group Inc. (DSGX) Upgraded to Strong-Buy at BidaskClub
www.americanbankingnews.com - August 5 at 8:40 PM |
| The Descartes Systems Group Inc. (NASDAQ:DSGX) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - August 5 at 1:06 PM |
| The Descartes Systems Group Inc. (NASDAQ:DSGX) Expected to Post Quarterly Sales of $55.74 Million
www.americanbankingnews.com - August 4 at 8:18 AM |
| The Descartes Systems Group, Inc. – Value Analysis (NASDAQ:DSGX) : August 4, 2017
finance.yahoo.com - August 4 at 2:34 AM |
| Descartes Sets Date to Announce Second Quarter Fiscal 2018 Financial Results
finance.yahoo.com - August 3 at 4:31 PM |
| The Descartes Systems Group Inc. (NASDAQ:DSGX) Expected to Post Earnings of $0.11 Per Share
www.americanbankingnews.com - August 2 at 12:26 PM |
| The Descartes Systems Group Inc. (DSGX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - August 1 at 8:32 PM |
| ACM Parts Centralizes Nationwide Delivery Operations with Descartes Cloud-Based Routing and Mobile Solution
finance.yahoo.com - July 25 at 6:18 PM |
| The Descartes Systems Group, Inc. breached its 50 day moving average in a Bearish Manner : DSGX-US : July 21, 2017
finance.yahoo.com - July 21 at 7:53 PM |
 | Van Berkom & Associates Inc. Buys Huron Consulting Group Inc, US Silica Holdings Inc, Virtu ...
www.nasdaq.com - July 20 at 3:20 PM |
| $55.74 Million in Sales Expected for The Descartes Systems Group Inc. (NASDAQ:DSGX) This Quarter
www.americanbankingnews.com - July 13 at 11:44 AM |
| The Descartes Systems Group Inc. (DSGX) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - July 11 at 12:40 PM |
| $0.11 EPS Expected for The Descartes Systems Group Inc. (DSGX) This Quarter
www.americanbankingnews.com - July 11 at 7:37 AM |
| The Descartes Systems Group, Inc. breached its 50 day moving average in a Bearish Manner : DSGX-US : July 4, 2017
finance.yahoo.com - July 4 at 3:16 PM |
| ETFs with exposure to The Descartes Systems Group, Inc. : July 3, 2017
finance.yahoo.com - July 3 at 5:55 PM |
| The Descartes Systems Group Inc. (DSGX) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 22 at 8:34 PM |
| The Descartes Systems Group Inc. (DSGX) Expected to Announce Quarterly Sales of $56.37 Million
www.americanbankingnews.com - June 17 at 10:40 AM |
| The Descartes Systems Group Inc. (DSGX) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - June 16 at 8:48 AM |
| InterPost Delivers Faster and More Affordably with Descartes e-Customs
finance.yahoo.com - June 15 at 6:50 PM |
| Zacks: Brokerages Expect The Descartes Systems Group Inc. (DSGX) Will Announce Earnings of $0.11 Per Share
www.americanbankingnews.com - June 15 at 7:38 AM |
| ETFs with exposure to The Descartes Systems Group, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 4:30 PM |
The Descartes Systems Group (DSGX) Chart for Tuesday, September, 19, 2017
