S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
NASDAQ:DSGX

The Descartes Systems Group Stock Forecast, Price & News

$70.38
-0.71 (-1.00%)
(As of 01/14/2022 12:00 AM ET)
Add
Compare
Today's Range
$69.14
$70.50
50-Day Range
$70.38
$90.49
52-Week Range
$56.78
$91.39
Volume
228,695 shs
Average Volume
167,265 shs
Market Capitalization
$5.96 billion
P/E Ratio
71.82
Dividend Yield
N/A
Beta
1.01
30 days | 90 days | 365 days | Advanced Chart
Receive DSGX 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.


The Descartes Systems Group logo

About The Descartes Systems Group

The Descartes Systems Group, Inc. engages in the provision of logistics technology solutions. It offers B2B connectivity and messaging, broker and forwarder enterprise systems, customs and regulatory compliance, ecommerce shipping and fulfillment, global trade intelligence, routing, mobile and telematics, and transportation management. The company was founded on May 22, 1981 and is headquartered in Waterloo, Canada.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:DSGX
Employees
16,000
Year Founded
1981

Sales & Book Value

Annual Sales
$348.66 million
Cash Flow
$1.35 per share
Book Value
$10.78 per share

Profitability

Net Income
$52.10 million
Pretax Margin
24.25%

Debt

Price-To-Earnings

Miscellaneous

Free Float
84,396,000
Market Cap
$5.96 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
11/30/2021
Today
1/16/2022
Fiscal Year End
1/31/2022
Next Earnings (Estimated)
3/02/2022

Social Links


MarketRank

Overall MarketRank

1.81 out of 5 stars

Computer And Technology Sector

569th out of 896 stocks

Prepackaged Software Industry

183rd out of 283 stocks

Analyst Opinion: 2.3Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












The Descartes Systems Group (NASDAQ:DSGX) Frequently Asked Questions

Is The Descartes Systems Group a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" The Descartes Systems Group stock.
View analyst ratings for The Descartes Systems Group
or view top-rated stocks.

How has The Descartes Systems Group's stock price been impacted by COVID-19 (Coronavirus)?

The Descartes Systems Group's stock was trading at $37.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DSGX shares have increased by 90.1% and is now trading at $70.38.
View which stocks have been most impacted by COVID-19
.

Are investors shorting The Descartes Systems Group?

The Descartes Systems Group saw a drop in short interest in the month of November. As of November 30th, there was short interest totaling 199,200 shares, a drop of 18.8% from the November 15th total of 245,200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
View The Descartes Systems Group's Short Interest
.

When is The Descartes Systems Group's next earnings date?

The Descartes Systems Group is scheduled to release its next quarterly earnings announcement on Wednesday, March 2nd 2022.
View our earnings forecast for The Descartes Systems Group
.

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

The Descartes Systems Group Inc (NASDAQ:DSGX) issued its earnings results on Tuesday, November, 30th. The technology company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.07. The technology company earned $108.91 million during the quarter, compared to analysts' expectations of $106.40 million. The Descartes Systems Group had a trailing twelve-month return on equity of 8.85% and a net margin of 20.77%. During the same quarter in the prior year, the business earned $0.15 EPS.
View The Descartes Systems Group's earnings history
.

What price target have analysts set for DSGX?

8 Wall Street analysts have issued 12-month price targets for The Descartes Systems Group's stock. Their forecasts range from $68.50 to $100.00. On average, they anticipate The Descartes Systems Group's stock price to reach $87.21 in the next twelve months. This suggests a possible upside of 23.9% from the stock's current price.
View analysts' price targets for The Descartes Systems Group
or view top-rated stocks among Wall Street analysts.

Who are The Descartes Systems Group's key executives?

The Descartes Systems Group's management team includes the following people:
  • 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
  • Kenneth Edward Wood, Executive Vice President-Product Management

What is Ed Ryan's approval rating as The Descartes Systems Group's CEO?

19 employees have rated The Descartes Systems Group CEO Ed Ryan on Glassdoor.com. Ed Ryan has an approval rating of 91% among The Descartes Systems Group'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 number of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (0.86%), Addenda Capital Inc. (0.37%), Scout Investments Inc. (0.18%) and Exchange Traded Concepts LLC (0.00%).

Which major investors are selling The Descartes Systems Group stock?

DSGX stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc..

Which major investors are buying The Descartes Systems Group stock?

DSGX stock was purchased by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Addenda Capital Inc., and Exchange Traded Concepts LLC.

How do I buy shares of The Descartes Systems Group?

Shares of DSGX 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 $70.38.

How much money does The Descartes Systems Group make?

The Descartes Systems Group has a market capitalization of $5.96 billion and generates $348.66 million in revenue each year. The technology company earns $52.10 million in net income (profit) each year or $0.98 on an earnings per share basis.

How many employees does The Descartes Systems Group have?

The Descartes Systems Group employs 16,000 workers across the globe.

Does The Descartes Systems Group have any subsidiaries?

The following companies are subsidiares of The Descartes Systems Group: Peoplevox.

When was The Descartes Systems Group founded?

The Descartes Systems Group was founded in 1981.

What is The Descartes Systems Group's official website?

The official website for The Descartes Systems Group is www.descartes.com.

Where are The Descartes Systems Group's headquarters?

The Descartes Systems Group is headquartered at 120 RANDALL ST, WATERLOO A6, N2V 1C6.

How can I contact The Descartes Systems Group?

The Descartes Systems Group's mailing address is 120 RANDALL ST, WATERLOO A6, N2V 1C6. The technology company can be reached via phone at (519) 746-8110, via email at [email protected], or via fax at 519-746-1984.


This page was last updated on 1/16/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.