About Descartes Systems Group (NASDAQ:DSGX)
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: Technology
- Industry: Enterprise Software
- Sub-Industry: N/A
- Symbol: NASDAQ:DSGX
- CUSIP: N/A
- Web: www.descartes.com/
- Market Cap: $2.23 billion
- Outstanding Shares: 76,726,000
- 50 Day Moving Avg: $28.12
- 200 Day Moving Avg: $25.52
- 52 Week Range: $20.20 - $29.25
Sales & Book Value:
- Trailing P/E Ratio: 85.59
- Foreward P/E Ratio: 54.91
- P/E Growth: 3.37
- Annual Revenue: $216.16 million
- Price / Sales: 10.33
- Book Value: $6.01 per share
- Price / Book: 4.84
- EBITDA: $72.59 million
- Net Margins: 12.50%
- Return on Equity: 6.42%
- Return on Assets: 5.30%
- Debt-to-Equity Ratio: 0.09%
- Current Ratio: 2.18%
- Quick Ratio: 2.18%
- Average Volume: 78,915 shs.
- Beta: 0.55
- Short Ratio: 2.02
Frequently Asked Questions for Descartes Systems Group (NASDAQ:DSGX)
What is Descartes Systems Group's stock symbol?
Descartes Systems Group trades on the NASDAQ under the ticker symbol "DSGX."
How were Descartes Systems Group's earnings last quarter?
Descartes Systems Group Inc (NASDAQ:DSGX) announced its quarterly earnings results on Wednesday, September, 6th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.01. The business earned $57.29 million during the quarter, compared to analyst estimates of $55.74 million. Descartes Systems Group had a net margin of 12.50% and a return on equity of 6.42%. View Descartes Systems Group's Earnings History.
When will Descartes Systems Group make its next earnings announcement?
Where is Descartes Systems Group's stock going? Where will Descartes Systems Group's stock price be in 2017?
8 brokers have issued 12 month price targets for Descartes Systems Group's shares. Their forecasts range from $26.00 to $40.50. On average, they expect Descartes Systems Group's stock price to reach $32.31 in the next year. View Analyst Ratings for Descartes Systems Group.
What are analysts saying about Descartes Systems Group stock?
Here are some recent quotes from research analysts about 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. " (10/17/2017)
- 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 Descartes Systems Group's key competitors?
Some companies that are related to Descartes Systems Group include SolarWinds (SWI), RealPage (RP), Ringcentral (RNG), HubSpot (HUBS), Ellie Mae (ELLI), Envestnet (ENV), Ebix (EBIX), Q2 Holdings (QTWO), AppFolio (APPF), MicroStrategy Incorporated (MSTR), Appian Corporation (APPN), Varonis Systems (VRNS), Talend S.A. (TLND), Luxoft Holding (LXFT), Mitel Networks Corporation (MITL), Instructure (INST), Benefitfocus (BNFT) and Workiva (WK).
Who are Descartes Systems Group's key executives?
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 Descartes Systems Group stock?
Who sold Descartes Systems Group stock? Who is selling Descartes Systems Group stock?
How do I buy Descartes Systems Group stock?
Shares of 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 Descartes Systems Group's stock price today?
MarketBeat Community Rating for Descartes Systems Group (NASDAQ DSGX)MarketBeat's community ratings are surveys of what our community members think about 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.
One share of Descartes Systems Group stock can currently be purchased for approximately $29.10.
Consensus Ratings for 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, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$32.31 (11.04% upside)|Consensus Price Target History for Descartes Systems Group (NASDAQ:DSGX)
Analysts' Ratings History for Descartes Systems Group (NASDAQ:DSGX)
(Data available from 10/23/2015 forward)
|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|
Earnings History for Descartes Systems Group (NASDAQ:DSGX)Earnings History by Quarter for Descartes Systems Group (NASDAQ DSGX)
(Data available from 1/1/2011 forward)
|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|
Earnings Estimates for Descartes Systems Group (NASDAQ:DSGX)
2017 EPS Consensus Estimate: $0.36
2018 EPS Consensus Estimate: $0.44
2019 EPS Consensus Estimate: $0.47
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Descartes Systems Group (NASDAQ:DSGX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Descartes Systems Group (NASDAQ:DSGX)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Descartes Systems Group (NASDAQ:DSGX)
Latest Headlines for Descartes Systems Group (NASDAQ:DSGX)
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Descartes Systems Group (DSGX) Chart for Monday, October, 23, 2017