NASDAQ:DSGXDescartes Systems Group Stock Price, Forecast & News

$46.65

+1.30 (+2.87 %)

(As of 05/29/2020 10:27 AM ET)

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Today's Range

$45.30

Now: $46.65▼

$46.73

50-Day Range

$35.63

MA: $41.68▼

$45.95

52-Week Range

$24.35

Now: $46.65▼

$47.43

Volume41,961 shs

Average Volume165,370 shs

Market Capitalization$3.93 billion

P/E Ratio99.26

Dividend YieldN/A

Beta1.01

The Descartes Systems Group Inc. provides federated network and logistics technology solutions worldwide. Its Logistics Application Suite offers a range of modular, cloud-based, and interoperable Web and wireless logistics management applications. The company's Logistics Application Suite offers solutions, such as route planning and execution, mobile applications, and telematics and compliance; transportation management solutions comprising carrier compliance and rate management, freight audit and settlement, dock scheduling and yard management, pool distribution, transportation planning and execution, and logistics flow control, as well as visibility, tracking, and performance management; and global logistics network services, such as document management, community, and connectivity services. Its Logistics Application Suite solutions also include customs and regulatory compliance solutions, such as cargo security compliance, declaration and fiscal compliance, customs warehouse management, ocean regulatory services, industry program support services, global trade content, and government solutions; and broker and forwarder enterprise system solutions, such as forwarder back office, and brokerage and declaration services. In addition, the company offers consulting, implementation, and training services; and maintenance and support services. It serves transportation providers, logistics service providers, and distribution-intensive companies through distributors, alliance partners, and value added resellers. The company was founded in 1981 and is headquartered in Waterloo, Canada.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Descartes Systems Group has received a consensus rating of Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $45.00, Descartes Systems Group has a potential downside of 0.8% from its current price of $45.35.
Amount of Analyst Coverage
Descartes Systems Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
Descartes Systems Group has received 405 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Descartes Systems Group has received 381 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Descartes Systems Group has received 51.53% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Descartes Systems Group and other stocks. Vote “Outperform” if you believe DSGX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DSGX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Descartes Systems Group does not currently pay a dividend.
Dividend Growth
Descartes Systems Group does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Descartes Systems Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.31% of the stock of Descartes Systems Group is held by insiders.
Percentage Held by Institutions
78.86% of the stock of Descartes Systems Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Descartes Systems Group are expected to grow by 25.42% in the coming year, from $0.59 to $0.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Descartes Systems Group is 96.49, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Descartes Systems Group is 96.49, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.59.
Price to Book Value per Share Ratio
Descartes Systems Group has a P/B Ratio of 4.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.42 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:DSGX

Previous Symbol

CUSIPN/A

CIK1050140

Webwww.descartes.com

Phone519-746-8110

Debt

Debt-to-Equity RatioN/A

Current Ratio1.13

Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio99.26

Forward P/E Ratio79.07

P/E GrowthN/A

Sales & Book Value

Annual Sales$325.79 million

Price / Sales12.05

Cash Flow$1.21 per share

Price / Cash Flow38.53

Book Value$9.76 per share

Price / Book4.78

Profitability

EPS (Most Recent Fiscal Year)$0.45

Net Income$37 million

Net Margins12.27%

Return on Equity5.03%

Return on Assets4.32%

Miscellaneous

Employees1,550

Outstanding Shares84,160,000

Market Cap$3.93 billion

Next Earnings Date9/2/2020 (Estimated)

OptionableNot Optionable

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Descartes Systems Group (NASDAQ:DSGX) Frequently Asked Questions

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

Descartes Systems Group's stock was trading at $37.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DSGX shares have increased by 22.5% and is now trading at $45.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Descartes Systems Group?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Descartes Systems Group in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Descartes Systems Group.

When is Descartes Systems Group's next earnings date?

Descartes Systems Group is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for Descartes Systems Group.

How were Descartes Systems Group's earnings last quarter?

Descartes Systems Group Inc (NASDAQ:DSGX) issued its quarterly earnings results on Wednesday, May, 27th. The technology company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. The technology company earned $83.70 million during the quarter, compared to analysts' expectations of $85.19 million. Descartes Systems Group had a net margin of 12.27% and a return on equity of 5.03%. The company's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.09 EPS. View Descartes Systems Group's earnings history.

What price target have analysts set for DSGX?

11 Wall Street analysts have issued twelve-month target prices for Descartes Systems Group's shares. Their forecasts range from $36.00 to $53.00. On average, they anticipate Descartes Systems Group's share price to reach $45.00 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View analysts' price targets for Descartes Systems Group.

Has Descartes Systems Group been receiving favorable news coverage?

News coverage about DSGX stock has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Descartes Systems Group earned a news impact score of -4.8 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutDescartes Systems Group.

Are investors shorting Descartes Systems Group?

Descartes Systems Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,280,000 shares, an increase of 17.4% from the April 30th total of 1,090,000 shares. Based on an average trading volume of 184,700 shares, the short-interest ratio is currently 6.9 days. Approximately 1.5% of the company's stock are short sold. View Descartes Systems Group's Current Options Chain.

Who are some of Descartes Systems Group's key competitors?

Some companies that are related to Descartes Systems Group include Coupa Software (COUP), SS&C Technologies (SSNC), Tableau Software (DATA), Tyler Technologies (TYL), Mongodb (MDB), Symantec (SYMC), NortonLifeLock (NLOK), Nice (NICE), Black Knight (BKI), Dynatrace (DT), Ceridian HCM (CDAY), Dropbox (DBX), Alteryx (AYX), Temenos (TMNSF) and UBISOFT ENTMT S/ADR (UBSFY). View all competitors.

What other stocks do shareholders of Descartes Systems Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Descartes Systems Group investors own include Walmart (WMT), LyondellBasell Industries (LYB), Pfizer (PFE), TELUS (TU), Applied Materials (AMAT), Activision Blizzard (ATVI), Domino's Pizza (DPZ), Ford Motor (F), Fidelity National Information Servcs (FIS) and Gilead Sciences (GILD).

Who are Descartes Systems Group's key executives?

Descartes Systems Group's management team includes the following people:

Mr. Edward J. Ryan BA, CEO & Director (Age 50)
Mr. J. Scott Pagan, Pres & COO
Mr. Allan J. Brett C.A., C.B.V., Chief Financial Officer
Mr. Michael Verhoeve, Exec. VP of Legal, Gen. Counsel & Corp. Sec.
Mr. Christopher Jones, Exec. VP of Marketing & Services (Age 60)

What is Descartes Systems Group's stock symbol?

Descartes Systems Group trades on the NASDAQ under the ticker symbol "DSGX."

Who are Descartes Systems Group's major shareholders?

Descartes Systems Group's stock is owned by many different retail and institutional investors. Top institutional investors include Primecap Management Co. CA (7.79%), Conestoga Capital Advisors LLC (3.47%), Connor Clark & Lunn Investment Management Ltd. (2.94%), Massachusetts Financial Services Co. MA (2.86%), Invesco Ltd. (2.07%) and Echo Street Capital Management LLC (1.86%).

Which major investors are selling Descartes Systems Group stock?

DSGX stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Conestoga Capital Advisors LLC, Primecap Management Co. CA, Mackenzie Financial Corp, Wellington Management Group LLP, Fiera Capital Corp, Alberta Investment Management Corp, and Addenda Capital Inc..

Which major investors are buying Descartes Systems Group stock?

DSGX stock was acquired by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Connor Clark & Lunn Investment Management Ltd., Aperture Investors LLC, Massachusetts Financial Services Co. MA, Echo Street Capital Management LLC, Akre Capital Management LLC, Wasatch Advisors Inc., and Morgan Stanley.

How do I buy shares of 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Descartes Systems Group's stock price today?

One share of DSGX stock can currently be purchased for approximately $45.35.

How big of a company is Descartes Systems Group?

Descartes Systems Group has a market capitalization of $3.82 billion and generates $325.79 million in revenue each year. The technology company earns $37 million in net income (profit) each year or $0.45 on an earnings per share basis. Descartes Systems Group employs 1,550 workers across the globe.

What is Descartes Systems Group's official website?

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

How can I contact Descartes Systems Group?

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 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff