Should I buy or sell The Descartes Systems Group stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DSG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DSG, but not buy additional shares or sell existing shares. View DSG analyst ratings or view top-rated stocks .

What is The Descartes Systems Group's stock price target for 2024?

3 equities research analysts have issued 12 month price targets for The Descartes Systems Group's stock. Their DSG share price targets range from C$58.00 to C$100.00. On average, they anticipate the company's stock price to reach C$79.00 in the next year. This suggests that the stock has a possible downside of 28.3%. View analysts price targets for DSG or view top-rated stocks among Wall Street analysts .

How have DSG shares performed in 2023?

The Descartes Systems Group's stock was trading at C$94.39 at the start of the year. Since then, DSG stock has increased by 16.8% and is now trading at C$110.22. View the best growth stocks for 2023 here .

When is The Descartes Systems Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023. View our DSG earnings forecast .

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

The Descartes Systems Group Inc. (TSE:DSG) announced its quarterly earnings results on Wednesday, September, 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.01. The firm had revenue of $191.36 million for the quarter, compared to analyst estimates of $186.28 million. The Descartes Systems Group had a net margin of 21.59% and a trailing twelve-month return on equity of 10.28%.

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 Constellation Software (CSU) , Intact Financial (IFC) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , Open Text (OTEX) , Toronto-Dominion Bank (TD) and Rogers Communications (RCI) .

How do I buy shares of The Descartes Systems Group?

Shares of DSG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

The Descartes Systems Group Stock Price, News & Analysis (TSE:DSG)

C$110.22

+0.34 (+0.31%)

(As of 11/30/2023 ET)

Compare

Today's Range: C$109.04
▼
C$110.74
50-Day Range: C$95.40
▼
C$111.42
52-Week Range: C$87.28
▼
C$113.32

Volume: 597,931 shs
Average Volume: 110,788 shs
Market Capitalization: C$9.38 billion

P/E Ratio: 61.58
Dividend Yield: 1.06%
Price Target: C$79.00

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

The Descartes Systems Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 28.3% Downside
C$79.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.87
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

1.54 out of 5 stars

1.2

Analyst's Opinion

Consensus Rating
The Descartes Systems Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$79.00, The Descartes Systems Group has a forecasted downside of 28.3% from its current price of C$110.22.
Amount of Analyst Coverage
The Descartes Systems Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for DSG.

0.8

Dividend Strength

Dividend Yield
The Descartes Systems Group pays a meaningful dividend of 1.06%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
The Descartes Systems Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DSG.

3.8

News and Social Media Coverage

News Sentiment
The Descartes Systems Group has a news sentiment score of 0.87. 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 is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for The Descartes Systems Group this week, compared to 1 article on an average week.
Search Interest
21 people have searched for DSG on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
1 people have added The Descartes Systems Group to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Descartes Systems Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.02% of the stock of The Descartes Systems Group is held by insiders.
Percentage Held by Institutions
88.68% 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.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of The Descartes Systems Group is 61.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Descartes Systems Group is 61.58, 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 237.64.
Price to Earnings Growth Ratio
The Descartes Systems Group has a PEG Ratio of 2.92. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The Descartes Systems Group has a P/B Ratio of 7.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About The Descartes Systems Group Stock (TSE:DSG)

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.

DSG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DSG Stock News Headlines

November 27, 2023 | msn.com

3 Top TSX Growth Stocks to Buy for December

November 27, 2023 | finance.yahoo.com

Dachser Streamlines Ocean Shipment Booking with Integration Between Hapag-Lloyd Spot Rates and Descartes Rate Management Solution

November 30, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 24, 2023 | americanbankingnews.com

The Descartes Systems Group (TSE:DSG) Reaches New 1-Year High at $113.32

November 14, 2023 | finance.yahoo.com

AkkuShop.de Achieves 300% Increase in Fulfillment Efficiency with Descartes Ecommerce Warehouse Management Solution

November 13, 2023 | msn.com

The Top Stocks to Buy With $300 Right Now

November 10, 2023 | morningstar.com

The Descartes Systems Group Inc

November 2, 2023 | finance.yahoo.com

Descartes Sets Date to Announce Third Quarter Fiscal 2024 Financial Results

November 30, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

October 25, 2023 | msn.com

1 Tech Stock You’ll Be Glad You Bought When the Bull Market Roars

October 25, 2023 | finance.yahoo.com

DESCARTES SYS GRP INC. (DC2.MU)

October 25, 2023 | finance.yahoo.com

The Descartes Systems Group Inc (DC2.DU)

October 23, 2023 | finanznachrichten.de

The Descartes Systems Group Inc.: Voluspa Streamlines Wholesale and Ecommerce Operations Using Descartes' Warehouse Management and Shipping Solution

October 23, 2023 | finance.yahoo.com

Voluspa Streamlines Wholesale and Ecommerce Operations Using Descartes’ Warehouse Management and Shipping Solution

October 19, 2023 | msn.com

Canadian Growth Stocks: Can They Withstand the Pressure of Rising Rates?

October 11, 2023 | finance.yahoo.com

Descartes Systems Group's (TSE:DSG) investors will be pleased with their strong 146% return over the last five years

October 10, 2023 | finance.yahoo.com

US container imports still rising, topping pre-COVID levels

September 25, 2023 | finanznachrichten.de

The Descartes Systems Group Inc.: Cardinal Global Logistics Scales Customs Bureau with Descartes e-Customs Solution

September 19, 2023 | msn.com

TFSA Wealth: How to Turn $30,000 Into $300,000 for Retirement

September 11, 2023 | ca.finance.yahoo.com

US West Coast ports gained market share in August after labor deal -report

September 11, 2023 | finance.yahoo.com

US container imports rise in line with pre-COVID peak season pattern

September 6, 2023 | finance.yahoo.com

Descartes Announces Fiscal 2024 Second Quarter Financial Results

August 28, 2023 | msn.com

If You’d Invested $5,000 in Descartes Systems Stock in 2010, Here’s How Much You’d Have Today

August 28, 2023 | finance.yahoo.com

Descartes Systems Group Insiders Added US$3.4m Of Stock To Their Holdings

August 23, 2023 | markets.businessinsider.com

TSX Ends On Firm Note; Technology, Materials Shares Rally

August 2, 2023 | finance.yahoo.com

Descartes Sets Date to Announce Second Quarter Fiscal 2024 Financial Results

July 14, 2023 | ca.finance.yahoo.com

Accelerate Your Retirement Savings With These TFSA Stocks

See More Headlines

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Company Calendar

Last Earnings: 9/06/2023
Today: 11/30/2023
Next Earnings (Confirmed): 12/05/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Software - Application
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: TSE:DSG
CUSIP: N/A
CIK: N/A
Web: www.descartes.com
Phone: +1-519-7468110
Fax: N/A
Employees: 29
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$79.00
High Stock Price Target: C$100.00
Low Stock Price Target: C$58.00
Potential Upside/Downside: -28.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.79
Trailing P/E Ratio: 61.43
Forward P/E Ratio: 40.30
P/E Growth: 2.92
Net Income: C$113.69 million
Net Margins: 21.59%
Pretax Margin: N/A
Return on Equity: 10.28%
Return on Assets: 6.98%

Debt

Debt-to-Equity Ratio: 0.52
Current Ratio: 1.59
Quick Ratio: 1.85

Sales & Book Value

Annual Sales: C$526.62 million
Price / Sales: 17.77
Cash Flow: C$3.29 per share
Price / Cash Flow: 33.37
Book Value: C$13.79 per share
Price / Book: 7.97

Miscellaneous

Outstanding Shares: 85,100,000
Free Float: N/A
Market Cap: C$9.36 billion
Optionable: Not Optionable
Beta: 0.83

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Key Executives

Mr. Edward J. Ryan B.A. (Age 54)
CEO & Director
Comp: $1.5M
Mr. John Scott Pagan
President & COO
Mr. Kenneth Edward Wood
Executive Vice President of Product Management
Mr. Andrew Roszko
Chief Commercial Officer
Mr. Raimond Diederik
Executive Vice President of Information Services
Mr. Peter Nguyen
Senior VP Legal, General Counsel & Corporate Secretary
Mr. Christopher Jones (Age 64)
Executive Vice President of Marketing, Industry & Services
Comp: $378.27k
Mr. Edward James Gardner
Executive Vice President of Corporate Development
Ms. Maija Michell
Senior Vice President of Human Resources
Mr. Robert Parker
Executive Vice President of Customer Support & Client Services

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

DSG Stock Analysis - Frequently Asked Questions

Should I buy or sell The Descartes Systems Group stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DSG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DSG, but not buy additional shares or sell existing shares.
View DSG analyst ratings or view top-rated stocks.
What is The Descartes Systems Group's stock price target for 2024?: 3 equities research analysts have issued 12 month price targets for The Descartes Systems Group's stock. Their DSG share price targets range from C$58.00 to C$100.00. On average, they anticipate the company's stock price to reach C$79.00 in the next year. This suggests that the stock has a possible downside of 28.3%.
View analysts price targets for DSG or view top-rated stocks among Wall Street analysts.
How have DSG shares performed in 2023?: The Descartes Systems Group's stock was trading at C$94.39 at the start of the year. Since then, DSG stock has increased by 16.8% and is now trading at C$110.22.
View the best growth stocks for 2023 here.
When is The Descartes Systems Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our DSG earnings forecast.

How were The Descartes Systems Group's earnings last quarter?: The Descartes Systems Group Inc. (TSE:DSG) announced its quarterly earnings results on Wednesday, September, 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.01. The firm had revenue of $191.36 million for the quarter, compared to analyst estimates of $186.28 million. The Descartes Systems Group had a net margin of 21.59% and a trailing twelve-month return on equity of 10.28%.
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 Constellation Software (CSU), Intact Financial (IFC), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Open Text (OTEX), Toronto-Dominion Bank (TD) and Rogers Communications (RCI).
How do I buy shares of The Descartes Systems Group?: Shares of DSG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:DSG) was last updated on 11/30/2023 by MarketBeat.com Staff

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The Descartes Systems Group Stock Price, News & Analysis (TSE:DSG)

The Descartes Systems Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About The Descartes Systems Group Stock (TSE:DSG)

DSG Stock Price History

DSG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

DSG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™