NASDAQ:DSGX

The Descartes Systems Group Stock Forecast, Price & News

$67.32
+0.35 (+0.52 %)
(As of 06/23/2021 03:39 PM ET)
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Today's Range
$66.60
$67.68
50-Day Range
$57.36
$67.58
52-Week Range
$49.79
$67.91
Volume6,588 shs
Average Volume101,271 shs
Market Capitalization$5.69 billion
P/E Ratio99.00
Dividend YieldN/A
Beta1.09
30 days | 90 days | 365 days | Advanced Chart
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The Descartes Systems Group logo

About The Descartes Systems Group

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.

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MarketRank

Overall MarketRank

1.69 out of 5 stars

Computer And Technology Sector

253rd out of 1,591 stocks

Prepackaged Software Industry

61st out of 312 stocks

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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The Descartes Systems Group (NASDAQ:DSGX) Frequently Asked Questions

Is The Descartes Systems Group a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities 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.

What stocks does MarketBeat like better than The Descartes Systems Group?

Wall Street analysts have given The Descartes Systems Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Descartes Systems Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting The Descartes Systems Group?

The Descartes Systems Group saw a decline in short interest during the month of May. As of May 28th, there was short interest totaling 333,700 shares, a decline of 16.8% from the May 13th total of 401,200 shares. Based on an average daily trading volume, of 91,300 shares, the days-to-cover ratio is presently 3.7 days. Currently, 0.4% of the company's shares are sold short.
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, September 8th 2021.
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, June, 1st. The technology company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.04. The technology company had revenue of $98.80 million for the quarter, compared to analyst estimates of $94.18 million. The Descartes Systems Group had a net margin of 16.35% and a trailing twelve-month return on equity of 6.64%. The company's revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.13 EPS.
View The Descartes Systems Group's earnings history
.

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

The 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. Since then, DSGX shares have increased by 81.8% and is now trading at $67.32.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for DSGX?

10 Wall Street analysts have issued 12 month target prices for The Descartes Systems Group's shares. Their forecasts range from $58.00 to $78.00. On average, they expect The Descartes Systems Group's share price to reach $69.25 in the next year. This suggests a possible upside of 2.9% 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:
  • Mr. Edward J. Ryan B.A., BA, CEO & Director (Age 52, Pay $882k)
  • Mr. John Scott Pagan, Pres & COO
  • Mr. Allan J. Brett, Chief Financial Officer
  • Mr. Kenneth Edward Wood, Exec. VP of Product Management
  • Mr. Andrew Roszko, Exec. VP of Global Commercial Operations
  • Mr. Raimond Diederik, Exec. VP of Information Services
  • Mr. Michael Verhoeve, Exec. VP of Legal, Gen. Counsel & Corp. Sec.
  • Mr. Christopher Jones, Exec. VP of Marketing & Services (Age 62)
  • Mr. Edward James Gardner, Exec. VP of Corp. Devel.
  • Mr. Robert Parker, Exec. VP of Customer Support & Client Services

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.

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

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), The 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 variety of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (13.39%), Bank of Montreal Can (5.94%), Primecap Management Co. CA (5.48%), Conestoga Capital Advisors LLC (3.60%), Massachusetts Financial Services Co. MA (2.76%) and Credit Suisse AG (1.98%).

Which institutional investors are selling The Descartes Systems Group stock?

DSGX stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Primecap Management Co. CA, Price T Rowe Associates Inc. MD, The Manufacturers Life Insurance Company, Pembroke Management LTD, Quadrature Capital Ltd, AGF Investments Inc., and Renaissance Technologies LLC.

Which institutional investors are buying The Descartes Systems Group stock?

DSGX stock was acquired by a variety of institutional investors in the last quarter, including Oak Ridge Investments LLC, Bank of Montreal Can, Ninety One UK Ltd, Jennison Associates LLC, GW&K Investment Management LLC, Credit Suisse AG, JPMorgan Chase & Co., and CIBC Asset Management Inc.

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 $67.32.

How much money does The Descartes Systems Group make?

The Descartes Systems Group has a market capitalization of $5.69 billion and generates $348.66 million in revenue each year. The technology company earns $52.10 million in net income (profit) each year or $0.61 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.

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 or via email at [email protected]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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