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The "King Of Quants" sees 10X potential... (Ad)
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ConocoPhillips details gas leak cause, remedies at hearing
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The "King Of Quants" sees 10X potential... (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
The "King Of Quants" sees 10X potential... (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
The "King Of Quants" sees 10X potential... (Ad)
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The "King Of Quants" sees 10X potential... (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
The "King Of Quants" sees 10X potential... (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
The "King Of Quants" sees 10X potential... (Ad)
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The "King Of Quants" sees 10X potential... (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
The "King Of Quants" sees 10X potential... (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
The "King Of Quants" sees 10X potential... (Ad)
'What can we do?': Millions in African countries need power
ConocoPhillips details gas leak cause, remedies at hearing
NASDAQ:DSGX

The Descartes Systems Group - DSGX Stock Forecast, Price & News

$77.55
-1.52 (-1.92%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$77.08
$78.73
50-Day Range
$70.50
$79.07
52-Week Range
$56.19
$79.95
Volume
123,690 shs
Average Volume
142,710 shs
Market Capitalization
$6.58 billion
P/E Ratio
65.17
Dividend Yield
N/A
Price Target
$78.78

The Descartes Systems Group MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
1.6% Upside
$78.78 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.20mentions of The Descartes Systems Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.87%
From $1.43 to $1.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Computer And Technology Sector

338th out of 604 stocks

Prepackaged Software Industry

120th out of 212 stocks


DSGX stock logo

About The Descartes Systems Group (NASDAQ:DSGX) Stock

The 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.

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DSGX Stock News Headlines

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3 Extremely Safe Stocks to Pick up in 2023
1 SaaS Stock That's Still Worth Buying in 2023
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
2 SaaS Stocks You'll Want to Keep an Eye on in 2023
Analyst Ratings for Descartes Systems Gr
Earnings Preview: Descartes Systems Gr
Descartes Systems Thrives As Recession Clouds Gather
See More Headlines
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DSGX Company Calendar

Last Earnings
3/01/2023
Today
3/25/2023
Next Earnings (Estimated)
6/07/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:DSGX
Employees
1,860
Year Founded
1981

Price 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 Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$102.24 million
Pretax Margin
27.51%

Debt

Sales & Book Value

Annual Sales
$486.01 million
Cash Flow
$1.94 per share
Book Value
$12.96 per share

Miscellaneous

Free Float
84,560,000
Market Cap
$6.58 billion
Optionable
Not Optionable
Beta
1.00

Social Links


Key Executives

  • Edward J. Ryan
    Chief Executive Officer & Director
  • John Scott Pagan
    President & Chief Operating Officer
  • Allan James Brett
    Chief Financial Officer
  • Raimond Diederik
    Executive Vice President-Information Services
  • Ken Wood
    Executive Vice President-Product Management













DSGX Stock - Frequently Asked Questions

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

9 Wall Street 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 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 Wall Street research analysts have issued 12-month target prices for The Descartes Systems Group's shares. Their DSGX share price forecasts range from $58.00 to $95.00. On average, they predict the company's share 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 on January 1st, 2023. 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) released its earnings results on Wednesday, March, 1st. The technology company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. The technology company had revenue of $125.10 million for the quarter, compared to analyst estimates of $123.54 million. The Descartes Systems Group had a trailing twelve-month return on equity of 9.74% and a net margin of 21.05%. The Descartes Systems Group's revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 earnings per share.

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 earnings per share 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 shareholders 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 3/25/2023 by MarketBeat.com Staff