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NASDAQ:DSGX

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

$72.57
+1.14 (+1.60%)
(As of 08/8/2022 05:24 PM ET)
Add
Compare
Today's Range
$71.38
$73.16
50-Day Range
$59.01
$71.61
52-Week Range
$56.19
$91.39
Volume
171,879 shs
Average Volume
198,234 shs
Market Capitalization
$6.15 billion
P/E Ratio
68.46
Dividend Yield
N/A
Price Target
$74.43

The Descartes Systems Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
2.6% Upside
$74.43 Price Target
Short Interest
Healthy
0.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of The Descartes Systems Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
22.73%
From $1.10 to $1.35 Per Share

Overall MarketRank

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

2.30 out of 5 stars

Computer And Technology Sector

299th out of 833 stocks

Prepackaged Software Industry

94th out of 269 stocks

DSGX stock logo

About The Descartes Systems Group (NASDAQ:DSGX) Stock

The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management business process solutions that focuses on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. Its Logistics Technology platform offers a range of modular, cloud-based, and interoperable web and wireless logistics management applications, which unites a community of logistics-focused parties, allowing them to transact business. The company provides a suite of solutions that include routing, mobile and telematics; transportation management and e-commerce enablement; customs and regulatory compliance; trade data; global logistics network services; and broker and forwarder enterprise systems. It offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. The company also provides cloud-based ecommerce warehouse management solutions; consulting, implementation, and training services; and maintenance and support services. It primarily focuses on serving transportation providers, logistics service providers, and distribution-intensive companies, as well as manufacturers, retailers, distributors, and mobile business service providers. The company was incorporated in 1981 and is headquartered in Waterloo, Canada.

The Descartes Systems Group Trading Down 0.3 %

Shares of DSGX opened at $71.43 on Monday. The company has a market cap of $6.06 billion, a PE ratio of 67.39 and a beta of 1.04. The stock has a 50-day moving average price of $64.21 and a 200-day moving average price of $66.49. The Descartes Systems Group has a 12-month low of $56.19 and a 12-month high of $91.39.

The Descartes Systems Group (NASDAQ:DSGX - Get Rating) (TSE:DSG) last announced its quarterly earnings data on Wednesday, June 1st. The technology company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.01. The company had revenue of $116.40 million for the quarter, compared to analysts' expectations of $113.97 million. The Descartes Systems Group had a return on equity of 9.17% and a net margin of 20.57%. The Descartes Systems Group's revenue for the quarter was up 17.8% compared to the same quarter last year. During the same period last year, the firm posted $0.21 EPS. As a group, analysts predict that The Descartes Systems Group will post 1.1 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on DSGX shares. BMO Capital Markets cut their target price on The Descartes Systems Group from $81.00 to $68.00 in a research note on Thursday, June 2nd. Royal Bank of Canada cut their target price on The Descartes Systems Group from $100.00 to $85.00 and set an "outperform" rating for the company in a research note on Friday, May 27th. TD Securities cut their target price on The Descartes Systems Group from $95.00 to $84.00 and set a "buy" rating for the company in a research note on Thursday, June 2nd. Stephens cut their target price on The Descartes Systems Group to $80.00 in a research note on Friday, June 3rd. Finally, StockNews.com downgraded The Descartes Systems Group from a "buy" rating to a "hold" rating in a research note on Saturday, July 30th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $76.38.

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DSGX Stock News Headlines

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What 5 Analyst Ratings Have To Say About Descartes Systems Gr
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DSGX Company Calendar

Last Earnings
6/01/2022
Today
8/08/2022
Next Earnings (Confirmed)
9/07/2022
Fiscal Year End
1/31/2023

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
$74.43
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+2.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$86.28 million
Pretax Margin
24.85%

Debt

Sales & Book Value

Annual Sales
$424.69 million
Cash Flow
$1.81 per share
Book Value
$11.81 per share

Miscellaneous

Free Float
84,523,000
Market Cap
$6.15 billion
Optionable
Not Optionable
Beta
1.04

Social Links


Key Executives

  • Mr. Edward J. Ryan B.A. (Age 53)
    BA, CEO & Director
    Comp: $1.24M
  • Mr. John Scott Pagan
    Pres & COO
  • Mr. Allan J. Brett C.A.
    C.B.V., Chief Financial Officer
  • Mr. Kenneth Edward Wood
    Exec. VP of Product Management
  • Mr. Andrew Roszko
    Chief Commercial Officer
  • Mr. Raimond Diederik
    Exec. VP of Information Services
  • Mr. Peter Nguyen
    Sr. VP Legal, Gen. Counsel & Corp. Sec.
  • Mr. Christopher Jones (Age 63)
    Exec. VP of Marketing, Industry & Services
  • Mr. Edward James Gardner
    Exec. VP of Corp. Devel.
  • Ms. Maija Michell
    Sr. VP HR













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 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" DSGX shares.
View DSGX analyst ratings
or view top-rated stocks.

What is The Descartes Systems Group's stock price forecast for 2022?

8 Wall Street research analysts have issued 1-year price targets for The Descartes Systems Group's stock. Their DSGX stock forecasts range from $62.00 to $85.00. On average, they predict the company's stock price to reach $74.43 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price.
View analysts price targets for DSGX
or view top-rated stocks among Wall Street analysts.

How has The Descartes Systems Group's stock price performed in 2022?

The Descartes Systems Group's stock was trading at $82.68 at the beginning of the year. Since then, DSGX stock has decreased by 12.5% and is now trading at $72.35.
View the best growth stocks for 2022 here
.

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, September 7th 2022.
View our DSGX earnings forecast
.

How can I listen to The Descartes Systems Group's earnings call?

The Descartes Systems Group will be holding an earnings conference call on Wednesday, September 7th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link.

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

The Descartes Systems Group Inc. (NASDAQ:DSGX) issued its quarterly earnings data on Wednesday, June, 1st. The technology company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.01. The technology company had revenue of $116.40 million for the quarter, compared to analysts' expectations of $113.97 million. The Descartes Systems Group had a trailing twelve-month return on equity of 9.17% and a net margin of 20.57%. The firm's revenue for the quarter was up 17.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.21 EPS.

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 retail and institutional investors. Top institutional investors include Jarislowsky Fraser Ltd (5.75%), Conestoga Capital Advisors LLC (3.61%), Connor Clark & Lunn Investment Management Ltd. (1.83%), Geneva Capital Management LLC (1.61%), Riverbridge Partners LLC (0.96%) and TD Asset Management Inc. (0.58%).

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 $72.35.

How much money does The Descartes Systems Group make?

The Descartes Systems Group (NASDAQ:DSGX) has a market capitalization of $6.13 billion and generates $424.69 million in revenue each year. The technology company earns $86.28 million in net income (profit) each year or $1.06 on an earnings per share basis.

How many employees does The Descartes Systems Group have?

The Descartes Systems Group 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

When was The Descartes Systems Group founded?

The Descartes Systems Group was founded in 1981.

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 8/8/2022 by MarketBeat.com Staff

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