TSE:DSG The Descartes Systems Group (DSG) Stock Forecast, Price & News C$103.39 +0.67 (+0.65%) (As of 06/2/2023 ET) Add Compare Share Share Today's RangeC$101.80▼C$103.4850-Day RangeC$99.86▼C$109.1852-Week RangeC$75.77▼C$109.92Volume147,309 shsAverage Volume118,354 shsMarket CapitalizationC$8.80 billionP/E Ratio66.28Dividend YieldN/APrice TargetC$76.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media The Descartes Systems Group MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside26.5% DownsideC$76.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.38Based on 2 Articles This WeekInsider TradingSelling SharesC$5.49 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 1.3 Analyst's Opinion Consensus RatingThe Descartes Systems Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$76.00, The Descartes Systems Group has a forecasted downside of 26.5% from its current price of C$103.39.Amount of Analyst CoverageThe Descartes Systems Group has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for DSG. 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 DSG. Previous Next 2.4 News and Social Media Coverage News SentimentThe Descartes Systems Group has a news sentiment score of 0.38. 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 lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for The Descartes Systems Group this week, compared to 1 article on an average week.Search Interest26 people have searched for DSG on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, The Descartes Systems Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$5,486,148.00 in company stock.Percentage Held by InsidersOnly 0.02% of the stock of The Descartes Systems Group is held by insiders.Percentage Held by Institutions89.52% 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 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of The Descartes Systems Group is 66.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.68.Price to Earnings Ratio vs. SectorThe P/E ratio of The Descartes Systems Group is 66.28, 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 309.82.Price to Earnings Growth RatioThe 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 RatioThe Descartes Systems Group has a P/B Ratio of 7.98. 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 About The Descartes Systems Group (TSE:DSG) StockThe 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.Read More Receive DSG 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 DSG Stock News HeadlinesMay 30, 2023 | markets.businessinsider.comTSX Sheds 1.1% As Stocks Fall On Growth ConcernsMay 29, 2023 | americanbankingnews.comThe Descartes Systems Group (DSG) to Release Quarterly Earnings on WednesdayJune 3, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?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.comDSG:CA The Descartes Systems Group Inc.May 9, 2023 | finanznachrichten.deThe Descartes Systems Group Inc.: Etihad Cargo Enhances Air Shipment Visibility Using Combined Solution from Descartes and JettainerMay 9, 2023 | finance.yahoo.comEtihad Cargo Enhances Air Shipment Visibility Using Combined Solution from Descartes and JettainerMay 3, 2023 | finance.yahoo.comDescartes Sets Date to Announce First Quarter Fiscal 2024 Financial ResultsApril 17, 2023 | finance.yahoo.comDescartes eBookings for Ocean Shipment Management Now an SAP Endorsed App Available on SAP® StoreJune 3, 2023 | Behind the Markets (Ad)Here's something only a handful of people knowOn 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.comInsider Selling: The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Sells C$1,672,916.48 in StockMarch 24, 2023 | americanbankingnews.comInsider Selling: The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Sells 12,205 Shares of StockMarch 23, 2023 | americanbankingnews.comEdward James Gardner Sells 5,000 Shares of The Descartes Systems Group Inc. (TSE:DSG) StockMarch 23, 2023 | americanbankingnews.comRobert Parker Sells 19,292 Shares of The Descartes Systems Group Inc. (TSE:DSG) StockMarch 20, 2023 | finance.yahoo.comHere's Why Investors Should Buy Descartes Systems (DSGX)March 20, 2023 | finance.yahoo.comDescartes’ Annual Ecommerce Study Shows Slightly Improved Home Delivery Performance as 67% of Consumers Still Face Delivery ProblemsMarch 17, 2023 | ca.finance.yahoo.comThe Descartes Systems Group Inc (DC2.SG)March 4, 2023 | finanznachrichten.deThe Descartes Systems Group Inc.: Descartes Announces Fiscal 2023 Fourth Quarter and Annual Financial ResultsMarch 3, 2023 | finance.yahoo.comIs Descartes Systems (DSGX) a Solid Growth Stock? 3 Reasons to Think "Yes"February 22, 2023 | finance.yahoo.comSELSCS Grows Freight Brokerage with Descartes’ Transportation Management, Freight Visibility and Capacity Sourcing SolutionFebruary 14, 2023 | finanznachrichten.deThe Descartes Systems Group Inc.: Descartes Acquires GroundCloudFebruary 14, 2023 | finance.yahoo.comDescartes Acquires GroundCloudFebruary 9, 2023 | theglobeandmail.comBullish on Descartes Systems Group Inc.February 3, 2023 | finance.yahoo.comDescartes Sets Date to Announce Fiscal 2023 Fourth Quarter and Year-End Financial ResultsJanuary 13, 2023 | theglobeandmail.comDescartes Systems Gr: Top 25 Undervalued Dividend Stocks on TSX (DSG)December 28, 2022 | finance.yahoo.com3 Reasons Growth Investors Will Love Descartes Systems (DSGX)December 14, 2022 | finance.yahoo.comBW Retail Scales Ecommerce Fulfillment with Descartes’ Ecommerce Warehouse and Shipping SolutionDecember 13, 2022 | finance.yahoo.comThe Descartes Systems Group Inc. (NASDAQ:DSGX) Q3 2023 Earnings Call TranscriptSee More Headlines DSG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DSG Company Calendar Today6/03/2023Next Earnings (Estimated)9/06/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Software - Application Sub-IndustryN/A SectorComputer and Technology Current SymbolTSE:DSG CUSIPN/A CIKN/A Webwww.descartes.com Phone+1-519-7468110FaxN/AEmployees29Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$76.00 High Stock Price ForecastC$95.00 Low Stock Price ForecastC$58.00 Forecasted Upside/Downside-26.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.56 Trailing P/E Ratio66.28 Forward P/E Ratio49.26 P/E Growth2.92Net IncomeC$102.24 million Net Margins21.04% Pretax MarginN/A Return on Equity9.74% Return on Assets6.79% Debt Debt-to-Equity Ratio0.67 Current Ratio2.12 Quick Ratio1.85 Sales & Book Value Annual SalesC$486.01 million Price / Sales18.10 Cash FlowC$3.10 per share Price / Cash Flow33.37 Book ValueC$12.96 per share Price / Book7.98Miscellaneous Outstanding Shares85,080,000Free FloatN/AMarket CapC$8.80 billion OptionableNot Optionable Beta0.87 Key ExecutivesMr. Edward J. Ryan B.A. (Age 53)BA, CEO & Director Comp: $1.24MMr. John Scott PaganPres & COOMr. Allan J. Brett C.A. (Age 54)C.B.V., Chief Financial Officer Comp: $710.76kMr. Kenneth Edward WoodExec. VP of Product ManagementMr. Andrew RoszkoChief Commercial OfficerMr. Raimond DiederikExec. VP of Information ServicesMr. Peter NguyenSr. VP Legal, Gen. Counsel & Corp. Sec.Mr. Christopher Jones (Age 63)Exec. VP of Marketing, Industry & Services Mr. Edward James GardnerExec. VP of Corp. Devel.Ms. Maija MichellSr. VP HRMore ExecutivesKey CompetitorsKinaxisTSE:KXSOpen TextTSE:OTEXLightspeed CommerceTSE:LSPDMaxar TechnologiesTSE:MAXRBlackBerryTSE:BBView All CompetitorsInsidersChristopher JonesSold 15,536 sharesTotal: C$1.67 M ($107.68/share)Allan BrettSold 12,205 sharesTotal: C$1.28 M ($105.16/share)Edward James GardnerSold 5,000 sharesTotal: C$526,050.00 ($105.21/share)Robert ParkerSold 19,292 sharesTotal: C$2.00 M ($103.86/share)John Joseph WalkerBought 929 shares on 6/14/2022Total: C$54,968.93 ($59.17/share)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 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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