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DOW   33,762.76
QQQ   354.65
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MarketBeat Week in Review – 5/29 - 6/2
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DOW   33,762.76
QQQ   354.65
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TSE:DSG

The Descartes Systems Group (DSG) Stock Forecast, Price & News

C$103.39
+0.67 (+0.65%)
(As of 06/2/2023 ET)
Compare
Today's Range
C$101.80
▼
C$103.48
50-Day Range
C$99.86
▼
C$109.18
52-Week Range
C$75.77
▼
C$109.92
Volume
147,309 shs
Average Volume
118,354 shs
Market Capitalization
C$8.80 billion
P/E Ratio
66.28
Dividend Yield
N/A
Price Target
C$76.00
ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media

The Descartes Systems Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
26.5% Downside
C$76.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.38mentions of The Descartes Systems Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$5.49 M Sold Last Quarter
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.

1.40 out of 5 stars

See Top Rated MarketRank™ Stocks Here

DSG stock logo

About The Descartes Systems Group (TSE:DSG) Stock

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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DSG Stock News Headlines

May 30, 2023 | markets.businessinsider.com
TSX Sheds 1.1% As Stocks Fall On Growth Concerns
May 29, 2023 | americanbankingnews.com
The Descartes Systems Group (DSG) to Release Quarterly Earnings on Wednesday
June 3, 2023 | Behind the Markets (Ad)
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We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
May 24, 2023 | seekingalpha.com
DSG:CA The Descartes Systems Group Inc.
May 9, 2023 | finanznachrichten.de
The Descartes Systems Group Inc.: Etihad Cargo Enhances Air Shipment Visibility Using Combined Solution from Descartes and Jettainer
May 9, 2023 | finance.yahoo.com
Etihad Cargo Enhances Air Shipment Visibility Using Combined Solution from Descartes and Jettainer
May 3, 2023 | finance.yahoo.com
Descartes Sets Date to Announce First Quarter Fiscal 2024 Financial Results
April 17, 2023 | finance.yahoo.com
Descartes eBookings for Ocean Shipment Management Now an SAP Endorsed App Available on SAP® Store
June 3, 2023 | Behind the Markets (Ad)
Here's something only a handful of people know
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
March 26, 2023 | americanbankingnews.com
Insider Selling: The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Sells C$1,672,916.48 in Stock
March 24, 2023 | americanbankingnews.com
Insider Selling: The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Sells 12,205 Shares of Stock
March 23, 2023 | americanbankingnews.com
Edward James Gardner Sells 5,000 Shares of The Descartes Systems Group Inc. (TSE:DSG) Stock
March 23, 2023 | americanbankingnews.com
Robert Parker Sells 19,292 Shares of The Descartes Systems Group Inc. (TSE:DSG) Stock
March 20, 2023 | finance.yahoo.com
Here's Why Investors Should Buy Descartes Systems (DSGX)
March 20, 2023 | finance.yahoo.com
Descartes’ Annual Ecommerce Study Shows Slightly Improved Home Delivery Performance as 67% of Consumers Still Face Delivery Problems
March 17, 2023 | ca.finance.yahoo.com
The Descartes Systems Group Inc (DC2.SG)
March 4, 2023 | finanznachrichten.de
The Descartes Systems Group Inc.: Descartes Announces Fiscal 2023 Fourth Quarter and Annual Financial Results
March 3, 2023 | finance.yahoo.com
Is Descartes Systems (DSGX) a Solid Growth Stock? 3 Reasons to Think "Yes"
February 22, 2023 | finance.yahoo.com
SELSCS Grows Freight Brokerage with Descartes’ Transportation Management, Freight Visibility and Capacity Sourcing Solution
February 14, 2023 | finanznachrichten.de
The Descartes Systems Group Inc.: Descartes Acquires GroundCloud
February 14, 2023 | finance.yahoo.com
Descartes Acquires GroundCloud
February 9, 2023 | theglobeandmail.com
Bullish on Descartes Systems Group Inc.
February 3, 2023 | finance.yahoo.com
Descartes Sets Date to Announce Fiscal 2023 Fourth Quarter and Year-End Financial Results
January 13, 2023 | theglobeandmail.com
Descartes Systems Gr: Top 25 Undervalued Dividend Stocks on TSX (DSG)
December 28, 2022 | finance.yahoo.com
3 Reasons Growth Investors Will Love Descartes Systems (DSGX)
December 14, 2022 | finance.yahoo.com
BW Retail Scales Ecommerce Fulfillment with Descartes’ Ecommerce Warehouse and Shipping Solution
December 13, 2022 | finance.yahoo.com
The Descartes Systems Group Inc. (NASDAQ:DSGX) Q3 2023 Earnings Call Transcript
See More Headlines

DSG Price History

DSG Company Calendar

Today
6/03/2023
Next Earnings (Estimated)
9/06/2023
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 Forecast
C$76.00
High Stock Price Forecast
C$95.00
Low Stock Price Forecast
C$58.00
Forecasted Upside/Downside
-26.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.56
Trailing P/E Ratio
66.28
Forward P/E Ratio
49.26
P/E Growth
2.92
Net Income
C$102.24 million
Net Margins
21.04%
Pretax Margin
N/A
Return on Equity
9.74%
Return on Assets
6.79%

Debt

Debt-to-Equity Ratio
0.67
Current Ratio
2.12
Quick Ratio
1.85

Sales & Book Value

Annual Sales
C$486.01 million
Price / Sales
18.10
Cash Flow
C$3.10 per share
Price / Cash Flow
33.37
Book Value
C$12.96 per share
Price / Book
7.98

Miscellaneous

Outstanding Shares
85,080,000
Free Float
N/A
Market Cap
C$8.80 billion
Optionable
Not Optionable
Beta
0.87

Key Executives

  • Mr. Edward J. Ryan B.A. (Age 53)
    BA, CEO & Director
    Comp: $1.24M
  • Mr. John Scott Pagan
    Pres & COO
  • Mr. Allan J. Brett C.A. (Age 54)
    C.B.V., Chief Financial Officer
    Comp: $710.76k
  • Mr. Kenneth Edward Wood
    Exec. VP of Product Management
  • Mr. Andrew Roszko
    Chief Commercial Officer
  • Mr. Raimond Diederik
    Exec. VP of Information Services
  • Mr. Peter Nguyen
    Sr. VP Legal, Gen. Counsel & Corp. Sec.
  • Mr. Christopher Jones (Age 63)
    Exec. VP of Marketing, Industry & Services
  • Mr. Edward James Gardner
    Exec. VP of Corp. Devel.
  • Ms. Maija Michell
    Sr. VP HR

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













DSG Stock - Frequently Asked Questions

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

4 Wall Street 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 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DSG shares.
View DSG analyst ratings or view top-rated stocks.

What is The Descartes Systems Group's stock price forecast for 2023?

4 analysts have issued 1 year price objectives for The Descartes Systems Group's stock. Their DSG share price forecasts range from C$58.00 to C$95.00. On average, they predict the company's share price to reach C$76.00 in the next year. This suggests that the stock has a possible downside of 26.5%.
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 9.5% and is now trading at C$103.39.
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 Wednesday, September 6th 2023.
View our DSG earnings forecast.

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).

What is The Descartes Systems Group's stock symbol?

The Descartes Systems Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "DSG."

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.

What is The Descartes Systems Group's stock price today?

One share of DSG stock can currently be purchased for approximately C$103.39.

How much money does The Descartes Systems Group make?

The Descartes Systems Group (TSE:DSG) has a market capitalization of C$8.80 billion and generates C$486.01 million in revenue each year. The company earns C$102.24 million in net income (profit) each year or C$1.56 on an earnings per share basis.

How can I contact The Descartes Systems Group?

The Descartes Systems Group's mailing address is 120 Randall Dr, WATERLOO, ON N2V 1C6, Canada. The official website for the company is www.descartes.com. The company can be reached via phone at +1-519-7468110.

This page (TSE:DSG) was last updated on 6/3/2023 by MarketBeat.com Staff

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