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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Closing prices for crude oil, gold and other commodities
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Ford, Starbucks fall; Clorox, Gilead Sciences rise
Zimmer Biomet Beats on Earnings, Growth May be Priced In
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
How major US stock indexes fared Friday 2/3/2023
MarketBeat Week in Review – 1/30 - 2/3
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Closing prices for crude oil, gold and other commodities
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Ford, Starbucks fall; Clorox, Gilead Sciences rise
Zimmer Biomet Beats on Earnings, Growth May be Priced In
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
How major US stock indexes fared Friday 2/3/2023
MarketBeat Week in Review – 1/30 - 2/3
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Closing prices for crude oil, gold and other commodities
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Ford, Starbucks fall; Clorox, Gilead Sciences rise
Zimmer Biomet Beats on Earnings, Growth May be Priced In
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
How major US stock indexes fared Friday 2/3/2023
MarketBeat Week in Review – 1/30 - 2/3
NASDAQ:DSGX

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

$76.29
+0.82 (+1.09%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$74.51
$76.57
50-Day Range
$65.30
$76.29
52-Week Range
$56.19
$79.08
Volume
84,870 shs
Average Volume
93,377 shs
Market Capitalization
$6.47 billion
P/E Ratio
71.30
Dividend Yield
N/A
Price Target
$75.56

The Descartes Systems Group MarketRank™ Forecast

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
1.0% Downside
$75.56 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of The Descartes Systems Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.35%
From $1.13 to $1.36 Per Share

Overall MarketRank

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

1.78 out of 5 stars

Computer And Technology Sector

449th out of 610 stocks

Prepackaged Software Industry

149th out of 215 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

A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
2 SaaS Stocks You'll Want to Keep an Eye on in 2023
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Analyst Ratings for Descartes Systems Gr
Earnings Preview: Descartes Systems Gr
Descartes Systems Thrives As Recession Clouds Gather
How to Invest $20,000 Now to Help Pay for College
DSGX The Descartes Systems Group Inc.
The Descartes Systems Group Inc. (DSGX)
See More Headlines
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DSGX Company Calendar

Last Earnings
12/07/2022
Today
2/04/2023
Next Earnings (Estimated)
3/01/2023
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
$75.56
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$58.00
Forecasted Upside/Downside
-1.0%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$86.28 million
Pretax Margin
26.10%

Debt

Sales & Book Value

Annual Sales
$424.69 million
Cash Flow
$1.80 per share
Book Value
$11.81 per share

Miscellaneous

Free Float
84,556,000
Market Cap
$6.47 billion
Optionable
Not Optionable
Beta
1.02

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?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last twelve months. There are currently 1 sell rating, 3 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?

8 brokers have issued 12-month price targets for The Descartes Systems Group's stock. Their DSGX share price forecasts range from $58.00 to $85.00. On average, they expect the company's share price to reach $75.56 in the next year. This suggests that the stock has a possible downside of 1.0%.
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 9.5% and is now trading at $76.29.
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, March 1st 2023.
View our DSGX earnings forecast
.

How were The Descartes Systems Group's earnings last quarter?

The Descartes Systems Group Inc. (NASDAQ:DSGX) issued its quarterly earnings results on Wednesday, December, 7th. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. The technology company earned $121.47 million during the quarter, compared to the consensus estimate of $123.10 million. The Descartes Systems Group had a trailing twelve-month return on equity of 8.94% and a net margin of 19.37%.

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 many different institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (3.52%), Bank of Montreal Can (1.52%), Riverbridge Partners LLC (0.90%), Pembroke Management LTD (0.33%), Addenda Capital Inc. (0.30%) and Comerica Bank (0.28%).

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 $76.29.

How much money does The Descartes Systems Group make?

The Descartes Systems Group (NASDAQ:DSGX) has a market capitalization of $6.47 billion and generates $424.69 million in revenue each year. The technology company earns $86.28 million in net income (profit) each year or $1.07 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 2/4/2023 by MarketBeat.com Staff