NASDAQ:DSGX The Descartes Systems Group (DSGX) Stock Price, News & Analysis → Grab Your Free Bitcoin Today! (From Crypto Swap Profits) (Ad) Free DSGX Stock Alerts $91.53 -0.55 (-0.60%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$91.29▼$92.2350-Day Range$84.90▼$94.2252-Week Range$69.59▼$94.54Volume106,170 shsAverage Volume172,544 shsMarket Capitalization$7.79 billionP/E Ratio68.31Dividend YieldN/APrice Target$97.78 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get The Descartes Systems Group alerts: Email Address The Descartes Systems Group MarketRank™ Stock AnalysisAnalyst RatingHold2.44 Rating ScoreUpside/Downside6.8% Upside$97.78 Price TargetShort InterestHealthy0.52% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.63Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth25.90%From $1.66 to $2.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.02 out of 5 starsComputer And Technology Sector267th out of 588 stocksPrepackaged Software Industry92nd out of 200 stocks 2.2 Analyst's Opinion Consensus RatingThe Descartes Systems Group has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 5 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $97.78, The Descartes Systems Group has a forecasted upside of 6.8% from its current price of $91.53.Amount of Analyst CoverageThe Descartes Systems Group has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.52% of the float of The Descartes Systems Group has been sold short.Short Interest Ratio / Days to CoverThe Descartes Systems Group has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in The Descartes Systems Group has recently increased by 31.24%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldThe Descartes Systems Group does not currently pay a dividend.Dividend GrowthThe Descartes Systems Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DSGX. Previous Next 3.1 News and Social Media Coverage News SentimentThe Descartes Systems Group has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for The Descartes Systems Group this week, compared to 3 articles on an average week.Search Interest2 people have searched for DSGX on MarketBeat in the last 30 days. MarketBeat Follows4 people have added The Descartes Systems Group to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, The Descartes Systems Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.31% of the stock of The Descartes Systems Group is held by insiders.Percentage Held by Institutions77.73% of the stock of The Descartes Systems Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for The Descartes Systems Group are expected to grow by 25.90% in the coming year, from $1.66 to $2.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of The Descartes Systems Group is 68.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.21.Price to Earnings Ratio vs. SectorThe P/E ratio of The Descartes Systems Group is 68.31, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 230.56.Price to Book Value per Share RatioThe Descartes Systems Group has a P/B Ratio of 6.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatYour $200 account credit is about to expireUpdate to MarketBeat All Access and Save $300 on Your Annual SubscriptionStart Your Risk-Free Trial Here About The Descartes Systems Group Stock (NASDAQ:DSGX)The Descartes Systems Group Inc. provides cloud-based logistics and supply chain solutions worldwide. The company's Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; e-commerce shipping and fulfillment; customs and regulatory compliance; trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services. It also 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. In addition, the company also provides cloud-based ecommerce warehouse management solutions; consulting, implementation, and training services; and maintenance and support services. It serves transportation providers, logistics service providers, and distribution-intensive companies, as well as manufacturers, retailers, distributors, and business service providers. The Descartes Systems Group Inc. was incorporated in 1981 and is headquartered in Waterloo, Canada.Read More DSGX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DSGX Stock News HeadlinesMarch 28, 2024 | globenewswire.comDescartes Acquires OCRMarch 26, 2024 | globenewswire.comBahr Transportation Transforms Operations with Descartes' Transportation Management, Freight Visibility and Capacity Sourcing SolutionsMarch 29, 2024 | WealthPress (Ad)A lot of people are making this costly mistakeYou may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. March 26, 2024 | americanbankingnews.comThe Descartes Systems Group Inc. (NASDAQ:DSGX) Receives Consensus Rating of "Hold" from AnalystsMarch 19, 2024 | globenewswire.comWren Kitchens Completes 56% More Customer Appointments and Saves £2 million Annually with Descartes Routing SolutionMarch 11, 2024 | finanznachrichten.deThe Descartes Systems Group Inc.: MSC Air Cargo Streamlines Shipment Management Using Descartes' Air Messaging SolutionMarch 11, 2024 | globenewswire.comMSC Air Cargo Streamlines Shipment Management Using Descartes' Air Messaging SolutionMarch 9, 2024 | finanznachrichten.deThe Descartes Systems Group Inc.: Descartes Announces Fiscal 2024 Fourth Quarter and Annual Financial ResultsMarch 29, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…March 8, 2024 | stocknews.comGitlab (GTLB) vs. Descartes System (DSGX): Which Software Stock to Invest In?March 7, 2024 | finance.yahoo.comThe Descartes Systems Group Inc.: Descartes Earnings: Repeat of Last Quarter With Bright Spots Being Subscriptions and MarginsMarch 7, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: The Descartes Systems Group (DSGX), Check Point (CHKP) and GoDaddy (GDDY)March 7, 2024 | finance.yahoo.comCANADA STOCKS-TSX climbs on materials, tech boost; Powell testimony in focusMarch 7, 2024 | finance.yahoo.comThe Descartes Systems Group Inc. (NASDAQ:DSGX) Q4 2024 Earnings Call TranscriptMarch 7, 2024 | msn.comDescartes Systems GAAP EPS of $0.37 in-line, revenue of $148.2M beats by $1.74MMarch 6, 2024 | washingtonpost.comDescartes Systems: Fiscal Q4 Earnings SnapshotMarch 6, 2024 | finance.yahoo.comDescartes sees ‘no end in sight’ for elevated supply chain investmentsMarch 6, 2024 | globenewswire.comDescartes Announces Fiscal 2024 Fourth Quarter and Annual Financial ResultsMarch 6, 2024 | benzinga.comEarnings Preview For Descartes Systems GrFebruary 25, 2024 | morningstar.comThe Descartes Systems Group Inc DSGXFebruary 23, 2024 | wsj.comDescartes Systems Group Inc.February 21, 2024 | finance.yahoo.comEcotape Increases Exports by 30% Using Descartes’ Global Trade Intelligence SolutionFebruary 21, 2024 | globenewswire.comEcotape Increases Exports by 30% Using Descartes' Global Trade Intelligence SolutionFebruary 17, 2024 | finance.yahoo.comHere’s Why Descartes Systems Group (DSGX) Rose in Q4February 6, 2024 | finance.yahoo.comThe Descartes Systems Group Inc.: With Its Neutral Network, Descartes Makes the Global Logistics Market Run SmoothlyFebruary 6, 2024 | finanznachrichten.deThe Descartes Systems Group Inc.: Arctic Glacier Enhances North American Distribution Performance with Descartes Strategic Route Planning SolutionFebruary 6, 2024 | finance.yahoo.comArctic Glacier Enhances North American Distribution Performance with Descartes Strategic Route Planning SolutionSee More Headlines Receive DSGX Stock 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. Email Address Company Calendar Last Earnings3/06/2024Today3/29/2024Next Earnings (Estimated)5/29/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:DSGX CUSIPN/A CIK1050140 Webwww.descartes.com Phone(519) 746-8110Fax519-746-1984Employees2,083Year Founded1981Price Target and Rating Average Stock Price Target$97.78 High Stock Price Target$110.00 Low Stock Price Target$75.00 Potential Upside/Downside+6.8%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.34 Trailing P/E Ratio68.31 Forward P/E Ratio55.14 P/E GrowthN/ANet Income$115.91 million Net Margins20.23% Pretax Margin26.38% Return on Equity9.80% Return on Assets8.14% Debt Debt-to-Equity RatioN/A Current Ratio2.05 Quick Ratio1.79 Sales & Book Value Annual Sales$572.90 million Price / Sales13.60 Cash Flow$2.12 per share Price / Cash Flow43.24 Book Value$14.55 per share Price / Book6.29Miscellaneous Outstanding Shares85,110,000Free Float84,845,000Market Cap$7.79 billion OptionableOptionable Beta0.94 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Edward J. Ryan B.A. (Age 55)CEO & Director Comp: $1.09MMr. John Scott PaganPresident & COOMr. Allan J. Brett C.A. (Age 56)C.B.V., Chief Financial Officer Comp: $794.09kMr. Kenneth Edward WoodExecutive Vice President of Product ManagementMr. Andrew RoszkoChief Commercial OfficerMr. Raimond DiederikExecutive Vice President of Information ServicesMr. Peter NguyenSenior VP Legal, General Counsel & Corporate SecretaryMr. Christopher Jones (Age 65)Executive Vice President of Marketing, Industry & Services Comp: $275kMr. Edward James GardnerExecutive Vice President of Corporate DevelopmentMs. Maija MichellSenior Vice President of Human ResourcesMore ExecutivesKey CompetitorsNational InstrumentsNASDAQ:NATIDropboxNASDAQ:DBXBILLNYSE:BILLAppFolioNASDAQ:APPFSentinelOneNYSE:SView All CompetitorsInstitutional OwnershipQuadrature Capital LtdBought 18,700 shares on 3/25/2024Ownership: 0.183%PNC Financial Services Group Inc.Sold 591 shares on 3/22/2024Ownership: 0.010%Accent Capital Management LLCBought 384 shares on 3/19/2024Ownership: 0.000%Vanguard Group Inc.Bought 31,078 shares on 3/11/2024Ownership: 3.639%Wellington Management Group LLPSold 13,535 shares on 3/5/2024Ownership: 0.007%View All Institutional Transactions DSGX Stock Analysis - Frequently Asked Questions Should I buy or sell The Descartes Systems Group stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DSGX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DSGX, but not buy additional shares or sell existing shares. View DSGX analyst ratings or view top-rated stocks. What is The Descartes Systems Group's stock price target for 2024? 9 Wall Street analysts have issued 12 month price objectives for The Descartes Systems Group's shares. Their DSGX share price targets range from $75.00 to $110.00. On average, they predict the company's share price to reach $97.78 in the next year. This suggests a possible upside of 6.8% from the stock's current price. View analysts price targets for DSGX or view top-rated stocks among Wall Street analysts. How have DSGX shares performed in 2024? The Descartes Systems Group's stock was trading at $84.06 on January 1st, 2024. Since then, DSGX stock has increased by 8.9% and is now trading at $91.53. View the best growth stocks for 2024 here. Are investors shorting The Descartes Systems Group? The Descartes Systems Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 444,900 shares, an increase of 31.2% from the February 29th total of 339,000 shares. Based on an average daily trading volume, of 145,600 shares, the short-interest ratio is currently 3.1 days. Currently, 0.5% 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 company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024. View our DSGX earnings forecast. How were The Descartes Systems Group's earnings last quarter? The Descartes Systems Group Inc. (NASDAQ:DSGX) issued its quarterly earnings results on Wednesday, March, 6th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.07. The technology company had revenue of $148.20 million for the quarter, compared to the consensus estimate of $146.62 million. The Descartes Systems Group had a trailing twelve-month return on equity of 9.80% and a net margin of 20.23%. The Descartes Systems Group's quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.34 EPS. What ETF holds The Descartes Systems Group's stock? iShares Expanded Tech-Software Sector ETF holds 261,573 shares of DSGX stock, representing 0.30% of its portfolio. 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). 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 investors include Price T Rowe Associates Inc. MD (8.61%), JARISLOWSKY FRASER Ltd (5.10%), Vanguard Group Inc. (3.64%), Vanguard Group Inc. (3.64%), Conestoga Capital Advisors LLC (3.56%) and Fiera Capital Corp (2.85%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does The Descartes Systems Group have any subsidiaries? The following companies are subsidiares of The Descartes Systems Group: Peoplevox.Read More This page (NASDAQ:DSGX) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Descartes Systems Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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