Descartes 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. The Company's 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. The Company's 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.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Enterprise Software
- Sub-Industry: N/A
- Symbol: NASDAQ:DSGX
- CUSIP: N/A
- Web: www.descartes.com
Capitalization:- Market Cap: $1.93 billion
- Outstanding Shares: 75,969,000
Average Prices:- 50 Day Moving Avg: $24.60
- 200 Day Moving Avg: $23.14
- 52 Week Range: $19.50 - $25.50
P/E:- Trailing P/E Ratio: 78.12
- Foreward P/E Ratio: 47.13
- P/E Growth: 3.06
Sales & Book Value:- Annual Revenue: $209.38 million
- Price / Sales: 9.23
- Book Value: $5.77 per share
- Price / Book: 4.41
Profitability:- EBIDTA: $70.06 million
- Net Margins: 11.80%
- Return on Equity: 5.78%
- Return on Assets: 4.99%
Debt:- Current Ratio: 1.70%
- Quick Ratio: 1.70%
Misc:- Average Volume: 52,830 shs.
- Beta: 0.57
- Short Ratio: 1.67
Frequently Asked Questions for The Descartes Systems Group (NASDAQ:DSGX)
What is The Descartes Systems Group's stock symbol?
The Descartes Systems Group trades on the NASDAQ under the ticker symbol "DSGX."
How were The Descartes Systems Group's earnings last quarter?
The Descartes Systems Group Inc. (NASDAQ:DSGX) posted its quarterly earnings data on Wednesday, May, 31st. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by $0.01. The company earned $54.51 million during the quarter, compared to the consensus estimate of $54.09 million. The Descartes Systems Group had a return on equity of 5.78% and a net margin of 11.80%. View The Descartes Systems Group's Earnings History.
Where is The Descartes Systems Group's stock going? Where will The Descartes Systems Group's stock price be in 2017?
9 equities research analysts have issued 1 year target prices for The Descartes Systems Group's shares. Their predictions range from $26.00 to $38.00. On average, they expect The Descartes Systems Group's share price to reach $33.00 in the next twelve months. View Analyst Ratings for The Descartes Systems Group.
What are analysts saying about The Descartes Systems Group stock?
Here are some recent quotes from research analysts about The 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. " (6/22/2017)
- 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 The Descartes Systems Group's key competitors?
Some companies that are related to The Descartes Systems Group include Ellie Mae (ELLI), RealPage (RP), HubSpot (HUBS), Ringcentral (RNG), MicroStrategy Incorporated (MSTR), Luxoft Holding (LXFT), Ebix (EBIX), Envestnet (ENV), Q2 Holdings (QTWO), AppFolio (APPF), Benefitfocus (BNFT), Talend S.A. (TLND), Varonis Systems (VRNS), PROS Holdings (PRO), Mitel Networks Corporation (MITL), Instructure (INST), Fidessa Group plc (FDSA) and Workiva (WK).
Who are The Descartes Systems Group's key executives?
The Descartes Systems Group's management team includes the folowing people:
- 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
- Stephen M. Watt Ph.D., Lead Non-Executive Independent Chairman of the Board
- David L. Anderson Ph.D., Independent Director
- David I. Beatson, Independent Director
- Eric A. Demirian CPA, Independent Director
Who owns The Descartes Systems Group stock?
The Descartes Systems Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Jarislowsky Fraser Ltd (5.31%), Conestoga Capital Advisors LLC (2.79%), Pembroke Management LTD (1.76%), Chevy Chase Trust Holdings Inc. (0.82%), Russell Investments Group Ltd. (0.11%) and BB&T Corp (0.02%). View Institutional Ownership Trends for The Descartes Systems Group.
Who sold The Descartes Systems Group stock? Who is selling The Descartes Systems Group stock?
Who bought The Descartes Systems Group stock? Who is buying The Descartes Systems Group stock?
How do I buy The Descartes Systems Group stock?
Shares of The 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 The Descartes Systems Group's stock price today?
One share of The Descartes Systems Group stock can currently be purchased for approximately $25.45.
MarketBeat Community Rating for The Descartes Systems Group (NASDAQ DSGX)MarketBeat's community ratings are surveys of what our community members think about The 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.
Consensus Ratings for The Descartes Systems Group (NASDAQ:DSGX) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 7 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.78) |
| Consensus Price Target: | $33.00 (29.67% upside) |
Analysts' Ratings History for The Descartes Systems Group (NASDAQ:DSGX)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/1/2017 | Morgan Stanley | Reiterated Rating | Equal Weight | $25.00 -> $27.00 | Low |  |
| 6/1/2017 | Scotiabank | Boost Price Target | Outperform | $24.00 -> $38.00 | Low | |
| 6/1/2017 | Raymond James Financial, Inc. | Boost Price Target | Outperform | $24.50 -> $37.00 | Low | |
| 6/1/2017 | Canaccord Genuity | Boost Price Target | Buy | $26.00 -> $38.00 | Low | |
| 6/1/2017 | BMO Capital Markets | Reiterated Rating | Market Perform | $35.00 | Low | |
| 5/31/2017 | TD Securities | Reiterated Rating | Buy | $25.00 -> $29.00 | Medium | |
| 3/13/2017 | Barclays PLC | Reiterated Rating | Buy | $26.00 | Low | |
| 11/28/2016 | Royal Bank Of Canada | Reiterated Rating | Outperform | $34.00 | N/A | |
| 10/19/2016 | CIBC | Upgrade | Sector Perform -> Sector Outperform | | N/A | |
| 5/26/2016 | Beacon Securities | Downgrade | Buy -> Hold | | N/A | |
| 12/4/2015 | Cantor Fitzgerald | Boost Price Target | Buy | $21.00 -> $23.50 | N/A | |
| 9/11/2015 | William Blair | Reiterated Rating | Outperform | | N/A | |
(Data available from 7/26/2015 forward)
Earnings History for The Descartes Systems Group (NASDAQ:DSGX)Earnings History by Quarter for The Descartes Systems Group (NASDAQ DSGX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/31/2017 | Q1 | $0.10 | $0.09 | $54.09 million | $54.51 million | View | N/A | |
| 3/8/2017 | 1/31/2017 | $0.09 | $0.08 | $52.42 million | $52.80 million | View | Listen | |
| 11/30/2016 | Q416 | $0.09 | $0.08 | $51.35 million | $51.54 million | View | N/A | |
| 5/26/2016 | Q1 | $0.08 | $0.08 | $48.75 million | $48.91 million | View | Listen | |
| 3/3/2016 | Q4 2016 | $0.07 | $0.07 | $48.53 million | $48.00 million | View | N/A | |
| 12/3/2015 | Q316 | $0.07 | $0.07 | $47.88 million | $47.36 million | View | N/A | |
| 9/10/2015 | Q216 | $0.08 | $0.07 | $45.23 million | $45.20 million | View | Listen | |
| 5/28/2015 | Q116 | $0.07 | $0.06 | $45.19 million | $44.40 million | View | Listen | |
| 3/5/2015 | Q415 | $0.05 | $0.05 | $45.00 million | $44.30 million | View | N/A | |
| 12/4/2014 | Q315 | $0.06 | $0.10 | $43.79 million | $43.06 million | View | N/A | |
| 9/4/2014 | Q215 | $0.06 | $0.05 | $42.74 million | $42.68 million | View | N/A | |
| 5/29/2014 | Q115 | $0.06 | $0.06 | $40.73 million | $40.80 million | View | N/A | |
| 3/6/2014 | Q414 | $0.03 | $0.04 | $39.39 million | $40.30 million | View | N/A | |
| 12/4/2013 | Q3 | $0.04 | $0.03 | $38.36 million | $38.80 million | View | Listen | |
| 9/5/2013 | Q214 | $0.04 | $0.03 | $37.39 million | $38.20 million | View | N/A | |
| 5/30/2013 | 1Q13 | $0.15 | $0.04 | $33.71 million | $34.00 million | View | N/A | |
| 3/7/2013 | Q413 | $0.15 | $0.16 | $33.45 million | $33.80 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for The Descartes Systems Group (NASDAQ:DSGX)2017 EPS Consensus Estimate: $0.36
2018 EPS Consensus Estimate: $0.44
2019 EPS Consensus Estimate: $0.49
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.08 | $0.09 | $0.09 |
| Q2 2017 | 3 | $0.09 | $0.09 | $0.09 |
| Q3 2017 | 3 | $0.09 | $0.09 | $0.09 |
| Q4 2017 | 3 | $0.08 | $0.10 | $0.09 |
| Q1 2018 | 2 | $0.09 | $0.11 | $0.10 |
| Q2 2018 | 2 | $0.10 | $0.12 | $0.11 |
| Q3 2018 | 2 | $0.11 | $0.13 | $0.12 |
| Q4 2018 | 1 | $0.11 | $0.11 | $0.11 |
| Q1 2019 | 1 | $0.12 | $0.12 | $0.12 |
| Q2 2019 | 1 | $0.12 | $0.12 | $0.12 |
| Q3 2019 | 1 | $0.12 | $0.12 | $0.12 |
| Q4 2019 | 1 | $0.13 | $0.13 | $0.13 |
(Data provided by Zacks Investment Research)
Dividend History for The Descartes Systems Group (NASDAQ:DSGX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for The Descartes Systems Group (NASDAQ:DSGX)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for The Descartes Systems Group (NASDAQ:DSGX)
Latest Headlines for The Descartes Systems Group (NASDAQ:DSGX)
| Source: |
|
| Date | Headline |
|---|
 | ACM Parts Centralizes Nationwide Delivery Operations with Descartes Cloud-Based Routing and Mobile Solution
finance.yahoo.com - July 25 at 6:18 PM |
| The Descartes Systems Group, Inc. breached its 50 day moving average in a Bearish Manner : DSGX-US : July 21, 2017
finance.yahoo.com - July 21 at 7:53 PM |
 | Van Berkom & Associates Inc. Buys Huron Consulting Group Inc, US Silica Holdings Inc, Virtu ...
www.nasdaq.com - July 20 at 3:20 PM |
 | $55.74 Million in Sales Expected for The Descartes Systems Group Inc. (NASDAQ:DSGX) This Quarter
www.americanbankingnews.com - July 13 at 11:44 AM |
| The Descartes Systems Group Inc. (DSGX) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - July 11 at 12:40 PM |
| $0.11 EPS Expected for The Descartes Systems Group Inc. (DSGX) This Quarter
www.americanbankingnews.com - July 11 at 7:37 AM |
| The Descartes Systems Group, Inc. breached its 50 day moving average in a Bearish Manner : DSGX-US : July 4, 2017
finance.yahoo.com - July 4 at 3:16 PM |
| ETFs with exposure to The Descartes Systems Group, Inc. : July 3, 2017
finance.yahoo.com - July 3 at 5:55 PM |
| The Descartes Systems Group Inc. (DSGX) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 22 at 8:34 PM |
| The Descartes Systems Group Inc. (DSGX) Expected to Announce Quarterly Sales of $56.37 Million
www.americanbankingnews.com - June 17 at 10:40 AM |
| The Descartes Systems Group Inc. (DSGX) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - June 16 at 8:48 AM |
| InterPost Delivers Faster and More Affordably with Descartes e-Customs
finance.yahoo.com - June 15 at 6:50 PM |
| Zacks: Brokerages Expect The Descartes Systems Group Inc. (DSGX) Will Announce Earnings of $0.11 Per Share
www.americanbankingnews.com - June 15 at 7:38 AM |
| ETFs with exposure to The Descartes Systems Group, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 4:30 PM |
| Descartes Systems Group Inc (DSGX) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - June 8 at 11:40 PM |
| Descartes Systems Group Inc (DSGX) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 7 at 10:26 PM |
| The Descartes Systems Group, Inc. :DSGX-US: Earnings Analysis: Q1, 2018 By the Numbers : June 6, 2017
finance.yahoo.com - June 6 at 5:11 PM |
| Corporate News Blog - Descartes Acquires PCSTrac; Set to Dominate the Logistics-Intensive Business
finance.yahoo.com - June 5 at 11:41 AM |
| Short Interest in Descartes Systems Group Inc (DSGX) Declines By 5.1%
www.americanbankingnews.com - June 5 at 10:26 AM |
| Descartes Systems Group Inc (DSGX) Upgraded by ValuEngine to "Hold"
www.americanbankingnews.com - June 4 at 7:56 PM |
| Zacks Investment Research Upgrades Descartes Systems Group Inc (DSGX) to Buy
www.americanbankingnews.com - June 2 at 10:30 PM |
| William Blair Weighs in on Descartes Systems Group Inc's Q3 2018 Earnings (DSGX)
www.americanbankingnews.com - June 2 at 9:50 AM |
| Descartes Systems Group Inc (DSGX) Stock Rating Reaffirmed by Morgan Stanley
www.americanbankingnews.com - June 1 at 8:34 PM |
| Descartes Announces Results of Annual Shareholder Meeting
finance.yahoo.com - June 1 at 5:32 PM |
| Descartes Systems Group Inc (DSGX) Posts Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - June 1 at 10:50 AM |
 | Descartes Systems Group (DSGX) Reports Q1 EPS of $0.09
www.streetinsider.com - June 1 at 2:50 AM |
 | The Descartes Systems' (DSGX) CEO Ed Ryan on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - June 1 at 2:50 AM |
| Investor Network: Descartes Systems Group Inc. to Host Earnings Call
finance.yahoo.com - May 31 at 4:48 PM |
| Descartes Reports Fiscal 2018 First Quarter Financial Results
finance.yahoo.com - May 31 at 4:48 PM |
| Descartes Systems misses 1Q profit forecasts
finance.yahoo.com - May 31 at 4:48 PM |
| Descartes Systems Group's (DSGX) "Buy" Rating Reaffirmed at TD Securities
www.americanbankingnews.com - May 31 at 7:34 AM |
| Descartes Systems Group Inc (DSGX) Given Buy Rating at Canaccord Genuity
www.americanbankingnews.com - May 25 at 9:32 AM |
| Descartes Systems Group Inc (DSGX) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 22 at 10:52 AM |
| Descartes Systems Group (DSGX) Acquires ShipRush
www.streetinsider.com - May 20 at 4:46 PM |
| Descartes Systems Group Inc (DSGX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 9 at 8:34 PM |
| Rogers Corporation Expands Use of Descartes’ Denied Party Screening Solution to Strengthen Global Trade Compliance
finance.yahoo.com - May 2 at 4:08 PM |
| Descartes Systems Group (DSGX) Getting Very Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 3:24 PM |
| Descartes Systems Group Inc (DSGX) Expected to Announce Quarterly Sales of $54.23 Million
www.americanbankingnews.com - April 29 at 9:10 AM |
| Descartes Systems Group (DSGX) Getting Very Favorable Media Coverage, Analysis Shows
www.americanbankingnews.com - April 29 at 9:04 AM |
| Analysts Expect Descartes Systems Group Inc (DSGX) to Post $0.10 EPS
www.americanbankingnews.com - April 27 at 1:20 PM |
| Favorable News Coverage Very Unlikely to Affect Descartes Systems Group (DSGX) Share Price
www.americanbankingnews.com - April 21 at 6:46 PM |
| Descartes Systems Group (DSGX) Earning Somewhat Favorable News Coverage, Report Finds
www.americanbankingnews.com - April 18 at 4:02 PM |
| Zacks: Brokerages Expect Descartes Systems Group Inc (DSGX) Will Announce Quarterly Sales of $54.23 Million
www.americanbankingnews.com - April 8 at 10:32 AM |
| Zacks: Brokerages Expect Descartes Systems Group Inc (DSGX) Will Post Earnings of $0.10 Per Share
www.americanbankingnews.com - April 6 at 11:25 AM |
| Descartes Systems Group Inc (DSGX) Stock Rating Reaffirmed by TD Securities
www.americanbankingnews.com - April 6 at 7:19 AM |
| Descartes Systems Group's (DSGX) Outperform Rating Reiterated at Scotiabank
www.americanbankingnews.com - April 6 at 7:19 AM |
| Descartes Systems Group's (DSGX) Buy Rating Reaffirmed at TD Securities
www.americanbankingnews.com - March 31 at 5:39 PM |
| Scotiabank Reiterates "Outperform" Rating for Descartes Systems Group Inc (DSGX)
www.americanbankingnews.com - March 31 at 5:39 PM |
| Descartes Systems Group Inc (DSGX) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - March 31 at 1:54 PM |
| Customers and Partners Recognized for Excellence and Innovation Awards at Descartes’ 12th Annual Global User and Partner Conference
finance.yahoo.com - March 29 at 11:44 AM |
The Descartes Systems Group (DSGX) Chart for Wednesday, July, 26, 2017
