NASDAQ:DSGX The Descartes Systems Group - DSGX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding The Descartes Systems Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $77.55 -1.52 (-1.92%) (As of 03/24/2023 06:55 PM ET) Add Compare Share Share Today's Range$77.08▼$78.7250-Day Range$70.50▼$79.0752-Week Range$56.19▼$79.95Volume123,600 shsAverage Volume116,335 shsMarket Capitalization$6.58 billionP/E Ratio65.17Dividend YieldN/APrice Target$78.78 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media The Descartes Systems Group MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside1.6% Upside$78.78 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment1.24Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth25.87%From $1.43 to $1.80 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.17 out of 5 starsComputer And Technology Sector336th out of 614 stocksPrepackaged Software Industry119th out of 213 stocks 2.2 Analyst's Opinion Consensus RatingThe Descartes Systems Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $78.78, The Descartes Systems Group has a forecasted upside of 1.6% from its current price of $77.55.Amount of Analyst CoverageThe Descartes Systems Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for DSGX. Previous Next 0.0 Dividend Strength Dividend YieldThe Descartes Systems Group does not currently pay a dividend.Dividend GrowthThe Descartes Systems Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DSGX. Previous Next 2.9 News and Social Media Coverage News SentimentThe Descartes Systems Group has a news sentiment score of 1.24. 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 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for The Descartes Systems Group this week, compared to 2 articles on an average week.Search Interest1 people have searched for DSGX on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added The Descartes Systems Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, The Descartes Systems Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.31% of the stock of The Descartes Systems Group is held by insiders.Percentage Held by Institutions80.35% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for The Descartes Systems Group are expected to grow by 25.87% in the coming year, from $1.43 to $1.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of The Descartes Systems Group is 65.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.06.Price to Earnings Ratio vs. SectorThe P/E ratio of The Descartes Systems Group is 65.17, 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 281.21.Price to Book Value per Share RatioThe Descartes Systems Group has a P/B Ratio of 5.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About The Descartes Systems Group (NASDAQ:DSGX) StockThe Descartes Systems Group, Inc. provides on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. It uses modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. The company was founded on May 22, 1981 and is headquartered in Waterloo, Canada.Read More Receive DSGX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for The Descartes Systems Group and its competitors with MarketBeat's FREE daily newsletter. Email Address DSGX Stock News HeadlinesMarch 27, 2023 | finance.yahoo.comFairmount Tire & Rubber Increases Distribution Efficiency and Delivery Capacity with Descartes’ Last Mile Delivery SolutionMarch 22, 2023 | americanbankingnews.comThe Descartes Systems Group Inc. (NASDAQ:DSGX) Receives Average Rating of "Hold" from AnalystsMarch 27, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 9, 2023 | finance.yahoo.comFalling U.S. Container Imports Highlight Economic WeaknessMarch 7, 2023 | stocknews.com3 Extremely Safe Stocks to Pick up in 2023March 3, 2023 | finance.yahoo.comThe Descartes Systems Group Inc.: Descartes Makes the Supply Chain Work More Efficiently for EverybodyMarch 2, 2023 | finance.yahoo.comThe Descartes Systems Group Inc.: Descartes Closes Two Acquisitions and Reports Steady Results; FVE Up to $68March 1, 2023 | finance.yahoo.comDescartes Announces Fiscal 2023 Fourth Quarter and Annual Financial ResultsMarch 27, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.February 14, 2023 | stocknews.com1 SaaS Stock That's Still Worth Buying in 2023February 13, 2023 | benzinga.comFresh Produce Distributor Jacques Remy & Sons Using Descartes' Route Planning Solution to Reduce Transportation Costs and Improve ServiceFebruary 13, 2023 | finance.yahoo.comFresh Produce Distributor Jacques Remy & Sons Using Descartes’ Route Planning Solution to Reduce Transportation Costs and Improve ServiceFebruary 10, 2023 | stocknews.com3 Stable Stocks That Could Help Pay Your Bills in 2023February 6, 2023 | finance.yahoo.comOnline Retailer Das Kostümland Deploys Descartes’ Ecommerce Warehouse Management Solution to Strengthen Peak Season FulfillmentJanuary 30, 2023 | finance.yahoo.comDescartes’ Study Reveals 65% of Companies Plan to Accelerate Supply Chain and Logistics Innovation InvestmentJanuary 23, 2023 | finanznachrichten.deThe Descartes Systems Group Inc.: Topps Tiles Transforms Fleet Delivery Operations and Strategic Modelling with Descartes' Route Optimisation SolutionJanuary 23, 2023 | finance.yahoo.comTopps Tiles Transforms Fleet Delivery Operations and Strategic Modelling with Descartes’ Route Optimisation SolutionJanuary 17, 2023 | stocknews.com2 SaaS Stocks You'll Want to Keep an Eye on in 2023January 10, 2023 | finance.yahoo.comU.S. Container Imports Tumbled Close to Prepandemic Levels in DecemberJanuary 10, 2023 | stocknews.com1 SaaS Stock to Buy in 2023 and 2 to Avoid CompletelyJanuary 4, 2023 | seekingalpha.comDescartes Systems: An Attractive Risk-Reward OpportunityDecember 9, 2022 | finance.yahoo.comDescartes Systems Group Third Quarter 2023 Earnings: EPS Beats Expectations, Revenues LagDecember 8, 2022 | markets.businessinsider.comAnalyst Ratings for Descartes Systems GrDecember 7, 2022 | finance.yahoo.comDescartes Announces Fiscal 2023 Third Quarter Financial ResultsDecember 6, 2022 | msn.comEarnings Preview: Descartes Systems GrNovember 22, 2022 | finance.yahoo.comDescartes Systems Group's (TSE:DSG) five-year total shareholder returns outpace the underlying earnings growthNovember 16, 2022 | seekingalpha.comDescartes Systems Thrives As Recession Clouds GatherSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive DSGX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for The Descartes Systems Group and its competitors with MarketBeat's FREE daily newsletter. Email Address DSGX Company Calendar Last Earnings3/01/2023Today3/27/2023Next Earnings (Estimated)6/07/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:DSGX CUSIPN/A CIK1050140 Webwww.descartes.com Phone(519) 746-8110Fax519-746-1984Employees1,860Year Founded1981Price Target and Rating Average Stock Price Forecast$78.78 High Stock Price Forecast$95.00 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+1.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.19 Trailing P/E Ratio65.17 Forward P/E Ratio54.23 P/E GrowthN/ANet Income$102.24 million Net Margins21.05% Pretax Margin27.51% Return on Equity9.74% Return on Assets8.13% Debt Debt-to-Equity RatioN/A Current Ratio2.11 Quick Ratio2.11 Sales & Book Value Annual Sales$486.01 million Price / Sales13.53 Cash Flow$1.94 per share Price / Cash Flow40.01 Book Value$12.96 per share Price / Book5.98Miscellaneous Outstanding Shares84,820,000Free Float84,560,000Market Cap$6.58 billion OptionableNot Optionable Beta1.00 Social Links Key ExecutivesEdward J. RyanChief Executive Officer & DirectorJohn Scott PaganPresident & Chief Operating OfficerAllan James BrettChief Financial OfficerRaimond DiederikExecutive Vice President-Information ServicesKen WoodExecutive Vice President-Product ManagementKey CompetitorsNational InstrumentsNASDAQ:NATIGuidewire SoftwareNYSE:GWRESmartsheetNYSE:SMARCoupa SoftwareNASDAQ:COUPmonday.comNASDAQ:MNDYView All CompetitorsInstitutional OwnershipTrust Investment AdvisorsBought 4,944 shares on 2/28/2023Ownership: 0.006%Triasima Portfolio Management inc.Bought 240,068 shares on 2/21/2023Ownership: 0.283%Truist Financial CorpSold 474 shares on 2/17/2023Ownership: 0.008%Alliancebernstein L.P.Sold 5,521 shares on 2/16/2023Ownership: 0.013%Squarepoint Ops LLCBought 156 shares on 2/15/2023Ownership: 0.004%View All Institutional Transactions DSGX Stock - Frequently Asked Questions Should I buy or sell The Descartes Systems Group stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DSGX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DSGX, but not buy additional shares or sell existing shares. View DSGX analyst ratings or view top-rated stocks. What is The Descartes Systems Group's stock price forecast for 2023? 9 brokers have issued 12-month price objectives for The Descartes Systems Group's shares. Their DSGX share price forecasts range from $58.00 to $95.00. On average, they expect the company's stock price to reach $78.78 in the next twelve months. This suggests a possible upside of 1.6% 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 2023? The Descartes Systems Group's stock was trading at $69.65 at the beginning of the year. Since then, DSGX stock has increased by 11.3% and is now trading at $77.55. View the best growth stocks for 2023 here. When is The Descartes Systems Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 7th 2023. View our DSGX earnings forecast. How were The Descartes Systems Group's earnings last quarter? The Descartes Systems Group Inc. (NASDAQ:DSGX) announced its earnings results on Wednesday, March, 1st. The technology company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03. The technology company earned $125.10 million during the quarter, compared to analyst estimates of $123.54 million. The Descartes Systems Group had a net margin of 21.05% and a trailing twelve-month return on equity of 9.74%. The Descartes Systems Group's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.22 EPS. What guidance has The Descartes Systems Group issued on next quarter's earnings? The Descartes Systems Group issued an update on its first quarter 2024 earnings guidance on Thursday, March, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $117.00 million-$117.00 million, compared to the consensus revenue estimate of $127.60 million. 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). What is The Descartes Systems Group's stock symbol? The Descartes Systems Group trades on the NASDAQ under the ticker symbol "DSGX." Who are The Descartes Systems Group's major shareholders? The Descartes Systems Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (12.91%), Jarislowsky Fraser Ltd (5.53%), Durable Capital Partners LP (4.67%), Conestoga Capital Advisors LLC (3.52%), T. Rowe Price Investment Management Inc. (2.72%) and Fiera Capital Corp (2.43%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is The Descartes Systems Group's stock price today? One share of DSGX stock can currently be purchased for approximately $77.55. How much money does The Descartes Systems Group make? The Descartes Systems Group (NASDAQ:DSGX) has a market capitalization of $6.58 billion and generates $486.01 million in revenue each year. The technology company earns $102.24 million in net income (profit) each year or $1.19 on an earnings per share basis. How many employees does The Descartes Systems Group have? The company employs 1,860 workers across the globe. Does The Descartes Systems Group have any subsidiaries? The following companies are subsidiares of The Descartes Systems Group: Peoplevox.Read More How can I contact The Descartes Systems Group? The Descartes Systems Group's mailing address is 120 RANDALL ST, WATERLOO A6, N2V 1C6. The official website for the company is www.descartes.com. The technology company can be reached via phone at (519) 746-8110, via email at investor@descartes.com, or via fax at 519-746-1984. This page (NASDAQ:DSGX) was last updated on 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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