Descartes Systems Group Company Profile (NASDAQ:DSGX)

About Descartes Systems Group (NASDAQ:DSGX)

Descartes Systems Group logoDescartes 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:
  • Market Cap: $2.23 billion
  • Outstanding Shares: 76,726,000
Average Prices:
  • 50 Day Moving Avg: $28.12
  • 200 Day Moving Avg: $25.52
  • 52 Week Range: $20.20 - $29.25
  • Trailing P/E Ratio: 85.59
  • Foreward P/E Ratio: 54.91
  • P/E Growth: 3.37
Sales & Book Value:
  • 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) issued its quarterly earnings data on Wednesday, September, 6th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.01. The company had revenue of $57.29 million for the quarter, compared to analysts' expectations of $55.74 million. Descartes Systems Group had a return on equity of 6.42% and a net margin of 12.50%. View Descartes Systems Group's Earnings History.

When will Descartes Systems Group make its next earnings announcement?

Descartes Systems Group is scheduled to release their next quarterly earnings announcement on Wednesday, November, 29th 2017. View Earnings Estimates for Descartes Systems Group.

Where is Descartes Systems Group's stock going? Where will Descartes Systems Group's stock price be in 2017?

8 brokerages have issued 12 month price targets for Descartes Systems Group's stock. Their predictions range from $26.00 to $40.50. On average, they expect Descartes Systems Group's share price to reach $32.31 in the next twelve months. 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?

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?

Descartes Systems Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Montrusco Bolton Investments Inc. (1.04%). View Institutional Ownership Trends for Descartes Systems Group.

Who sold Descartes Systems Group stock? Who is selling Descartes Systems Group stock?

Descartes Systems Group's stock was sold by a variety of institutional investors in the last quarter, including Montrusco Bolton Investments Inc.. View Insider Buying and Selling for Descartes Systems Group.

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?

One share of Descartes Systems Group stock can currently be purchased for approximately $29.10.

MarketBeat Community Rating for Descartes Systems Group (NASDAQ DSGX)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  241 (Vote Outperform)
Underperform Votes:  161 (Vote Underperform)
Total Votes:  402
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.

Analyst Ratings

Consensus Ratings for Descartes Systems Group (NASDAQ:DSGX) (How are Consensus Ratings Calculated?)
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)
Price Target History for Descartes Systems Group (NASDAQ:DSGX)
Analysts' Ratings History for Descartes Systems Group (NASDAQ:DSGX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/7/2017ScotiabankBoost Price TargetOutperform$28.00 -> $36.00LowView Rating Details
9/7/2017TD SecuritiesBoost Price TargetBuy$29.00 -> $40.50LowView Rating Details
9/7/2017Raymond James Financial, Inc.Boost Price TargetOutperform$27.50 -> $38.00LowView Rating Details
9/7/2017BMO Capital MarketsBoost Price TargetMarket Perform$26.00 -> $29.00LowView Rating Details
9/7/2017Canaccord GenuityReiterated RatingBuy$28.00 -> $30.00MediumView Rating Details
8/31/2017Royal Bank Of CanadaBoost Price TargetOutperform$27.00 -> $32.00LowView Rating Details
6/1/2017Morgan StanleyReiterated RatingEqual Weight$25.00 -> $27.00LowView Rating Details
3/13/2017Barclays PLCReiterated RatingBuy$26.00LowView Rating Details
10/19/2016CIBCUpgradeSector Perform -> Sector OutperformN/AView Rating Details
5/26/2016Beacon SecuritiesDowngradeBuy -> HoldN/AView Rating Details
12/4/2015Cantor FitzgeraldBoost Price TargetBuy$21.00 -> $23.50N/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for Descartes Systems Group (NASDAQ:DSGX)
Earnings by Quarter for Descartes Systems Group (NASDAQ:DSGX)
Earnings History by Quarter for Descartes Systems Group (NASDAQ DSGX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/6/20177/31/2017$0.10$0.09$55.74 million$57.29 millionViewListenView Earnings Details
5/31/2017Q1$0.10$0.09$54.09 million$54.51 millionViewN/AView Earnings Details
3/8/20171/31/2017$0.09$0.08$52.42 million$52.80 millionViewListenView Earnings Details
11/30/2016Q416$0.09$0.08$51.35 million$51.54 millionViewN/AView Earnings Details
5/26/2016Q1$0.08$0.08$48.75 million$48.91 millionViewListenView Earnings Details
3/3/2016Q4 2016$0.07$0.07$48.53 million$48.00 millionViewN/AView Earnings Details
12/3/2015Q316$0.07$0.07$47.88 million$47.36 millionViewN/AView Earnings Details
9/10/2015Q216$0.08$0.07$45.23 million$45.20 millionViewListenView Earnings Details
5/28/2015Q116$0.07$0.06$45.19 million$44.40 millionViewListenView Earnings Details
3/5/2015Q415$0.05$0.05$45.00 million$44.30 millionViewN/AView Earnings Details
12/4/2014Q315$0.06$0.10$43.79 million$43.06 millionViewN/AView Earnings Details
9/4/2014Q215$0.06$0.05$42.74 million$42.68 millionViewN/AView Earnings Details
5/29/2014Q115$0.06$0.06$40.73 million$40.80 millionViewN/AView Earnings Details
3/6/2014Q414$0.03$0.04$39.39 million$40.30 millionViewN/AView Earnings Details
12/4/2013Q3$0.04$0.03$38.36 million$38.80 millionViewListenView Earnings Details
9/5/2013Q214$0.04$0.03$37.39 million$38.20 millionViewN/AView Earnings Details
5/30/20131Q13$0.15$0.04$33.71 million$34.00 millionViewN/AView Earnings Details
3/7/2013Q413$0.15$0.16$33.45 million$33.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


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
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.08$0.09$0.09
Q2 20173$0.09$0.09$0.09
Q3 20173$0.09$0.09$0.09
Q4 20173$0.08$0.10$0.09
Q1 20182$0.09$0.11$0.10
Q2 20182$0.10$0.12$0.11
Q3 20182$0.10$0.13$0.12
Q4 20181$0.11$0.11$0.11
Q1 20191$0.11$0.11$0.11
Q2 20191$0.12$0.12$0.12
Q3 20191$0.12$0.12$0.12
Q4 20191$0.12$0.12$0.12
(Data provided by Zacks Investment Research)


Dividend History for Descartes Systems Group (NASDAQ:DSGX)
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Insider Trades

Insider Trading History for Descartes Systems Group (NASDAQ:DSGX)
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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

This page was last updated on 10/23/2017 by Staff

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