Descartes Systems Group Inc (Descartes) is a Canada-based global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. Its network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, status messages); regulatory compliance and customs filing; route and resource planning, execution and monitoring; access and leverage global trade and restricted party data; inventory and asset visibility; rate and transportation management, and warehouse operations. Its solutions include Logistics Technology Platform that fuses the Descartes Global Logistics Network (Descartes GLN); customs and regulatory compliance; routing, mobile and telematics; global logistics network services; transportation management, and broker and forwarder enterprise systems. It operates through MacroPoint.
Industry, Sector and Symbol:
- Sector: Technology
- Industry: Technical & System Software
- Sub-Industry: N/A
- Symbol: TSE:DSG
- CUSIP: N/A
- Web: www.descartes.com/
Capitalization:- Market Cap: C$2.62 billion
- Outstanding Shares: 75,969,000
Average Prices:- 50 Day Moving Avg: C$33.99
- 200 Day Moving Avg: C$32.16
- 52 Week Range: C$26.99 - C$35.56
P/E:- Trailing P/E Ratio: 100.26
- P/E Growth: 3.33
Sales & Book Value:- Annual Revenue: C$216.16 million
- Price / Sales: 11.98
- Book Value: C$6.01 per share
- Price / Book: 5.67
Profitability:- EBIDTA: C$72.59 million
- Net Margins: 12.63%
- Return on Equity: 6.36%
- Return on Assets: 5.47%
Misc:- Average Volume: 97,821 shs.
- Short Ratio: 22.81
Frequently Asked Questions for Descartes Systems Group (TSE:DSG)
What is Descartes Systems Group's stock symbol?
Descartes Systems Group trades on the Tornton Stock Exchange (TSX) under the ticker symbol "DSG."
How were Descartes Systems Group's earnings last quarter?
Descartes Systems Group Inc (TSE:DSG) issued its quarterly earnings data on Thursday, September, 4th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.01. The firm earned $46.56 million during the quarter, compared to the consensus estimate of $46.84 million. Descartes Systems Group had a return on equity of 6.36% and a net margin of 12.63%. During the same period in the previous year, the firm earned $0.03 EPS. View Descartes Systems Group's Earnings History.
When will Descartes Systems Group make its next earnings announcement?
Where is Descartes Systems Group's stock going? Where will Descartes Systems Group's stock price be in 2017?
7 equities research analysts have issued 12 month price targets for Descartes Systems Group's shares. Their forecasts range from C$25.50 to C$40.00. On average, they expect Descartes Systems Group's share price to reach C$35.81 in the next twelve months. View Analyst Ratings for Descartes Systems Group.
Who are some of Descartes Systems Group's key competitors?
Some companies that are related to Descartes Systems Group include Micro Focus International plc (MCRO), Just Eat PLC (JE), GrubHub (GRUB), SolarWinds (SWI), Solera Holdings (SLH), Rightmove Plc (RMV), Auto Trader Group PLC (AUTO), Lumentum Holdings (LITE), Conduent (CNDT), FireEye (FEYE), Ellie Mae (ELLI), Playtech PLC (PTEC), Boohoo.Com PLC (BOO), Mulesoft (MULE), Sophos Group PLC (SOPH), Macdonald Dettwiler & Associates Ltd (MDA), Celestica (CLS) and Kinaxis (KXS).
Who are Descartes Systems Group's key executives?
Descartes Systems Group's management team includes the folowing people:
- Eric A. Demirian CPA, Independent Chairman of the Board
- J. Scott Pagan, President, Chief Operating Officer, Corporate Secretary
- Edward J. Ryan, Chief Executive Officer, Director
- Allan J. Brett, Chief Financial Officer
- Michael Verhoeve, Executive Vice President - Legal, General Counsel and Corporate Secretary
- Chris Jones, Executive Vice President - Marketing & Services
- Raimond Diederik, Executive Vice President - Information Services
- Ed Gardner, Executive Vice President - Corporate Development
- Robert Parker, Executive Vice President - Customer Support and Client Services
- Kenneth Wood, Executive Vice President - Product Management
How do I buy Descartes Systems Group stock?
Shares of Descartes Systems Group and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Descartes Systems Group's stock price today?
One share of Descartes Systems Group stock can currently be purchased for approximately C$34.09.
MarketBeat Community Rating for Descartes Systems Group (TSE DSG)MarketBeat's community ratings are surveys of what our community members think about Descartes Systems Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Descartes Systems Group (TSE:DSG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.86) |
| Consensus Price Target: | C$35.81 |
Analysts' Ratings History for Descartes Systems Group (TSE:DSG)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 9/8/2017 | Raymond James Financial, Inc. | Boost Price Target | Outperform | C$38.00 |  |
| 9/7/2017 | Barclays PLC | Boost Price Target | | C$36.00 -> C$39.00 | |
| 9/7/2017 | BMO Capital Markets | Reiterated Rating | Market Perform | C$29.00 | |
| 9/1/2017 | Royal Bank Of Canada | Boost Price Target | Outperform | C$40.00 | |
| 6/1/2017 | TD Securities | Boost Price Target | Buy | C$39.00 | |
| 6/1/2017 | Scotiabank | Boost Price Target | Outperform | C$38.00 | |
| 6/1/2017 | Canaccord Genuity | Boost Price Target | Buy | C$38.00 | |
| 10/19/2016 | CIBC | Boost Price Target | | C$22.50 -> C$25.50 | |
| 5/26/2016 | Beacon Securities | Downgrade | Buy -> Hold | | |
| 12/4/2015 | Cantor Fitzgerald | Boost Price Target | Buy | C$28.00 -> C$31.00 | |
(Data available from 9/21/2015 forward)
Earnings History for Descartes Systems Group (TSE:DSG)Earnings History by Quarter for Descartes Systems Group (TSE DSG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/29/2017 | | | | | | | | |
| 9/4/2014 | Q2 15 | C$0.06 | C$0.05 | C$46.84 million | C$46.56 million | View | N/A | |
| 5/29/2014 | Q1 14 | C$0.06 | C$0.06 | C$44.68 million | C$44.35 million | View | N/A | |
| 12/4/2013 | Q3 13 | C$0.04 | C$0.03 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Descartes Systems Group (TSE:DSG)2017 EPS Consensus Estimate: $0.46
2018 EPS Consensus Estimate: $0.56
2019 EPS Consensus Estimate: $0.58
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.11 | $0.11 | $0.11 |
| Q2 2017 | 2 | $0.12 | $0.12 | $0.12 |
| Q3 2017 | 2 | $0.10 | $0.12 | $0.11 |
| Q4 2017 | 2 | $0.12 | $0.12 | $0.12 |
| Q1 2018 | 1 | $0.14 | $0.14 | $0.14 |
| Q2 2018 | 2 | $0.13 | $0.15 | $0.14 |
| Q3 2018 | 2 | $0.12 | $0.17 | $0.15 |
| Q4 2018 | 1 | $0.13 | $0.13 | $0.13 |
| Q1 2019 | 1 | $0.13 | $0.13 | $0.13 |
| Q2 2019 | 1 | $0.15 | $0.15 | $0.15 |
| Q3 2019 | 1 | $0.15 | $0.15 | $0.15 |
| Q4 2019 | 1 | $0.15 | $0.15 | $0.15 |
(Data provided by Zacks Investment Research)
Dividend History for Descartes Systems Group (TSE:DSG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Descartes Systems Group (TSE:DSG)Insider Trades by Quarter for Descartes Systems Group (TSE:DSG)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/15/2017 | Michael Verhoeve | Director | Sell | 2,500 | C$34.01 | C$85,025.00 | |
| 9/14/2017 | Michael Verhoeve | Director | Sell | 7,500 | C$34.33 | C$257,475.00 | |
| 9/18/2015 | Edward Ryan | Insider | Sell | 18,856 | C$18.15 | C$342,236.40 | |
| 9/16/2015 | Edward Ryan | Insider | Sell | 10,000 | C$18.17 | C$181,700.00 | |
| 4/14/2015 | John Joseph Walker | Director | Buy | 1,000 | C$15.85 | C$15,850.00 | |
| 12/11/2014 | Edward James Gardner | Insider | Sell | 6,100 | C$15.15 | C$92,415.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Descartes Systems Group (TSE:DSG)
Latest Headlines for Descartes Systems Group (TSE:DSG)
| Source: |
|
| Date | Headline |
|---|
 | Descartes Systems Group Inc (DSG) Director Sells C$85,025.00 in Stock
www.americanbankingnews.com - September 18 at 10:28 AM |
| Insider Selling: Descartes Systems Group Inc (DSG) Director Sells 7,500 Shares of Stock
www.americanbankingnews.com - September 18 at 10:28 AM |
 | Mawer Canadian Equity Fund Buys 2 New Stocks in 2nd Quarter
finance.yahoo.com - September 14 at 3:35 PM |
| Descartes Systems Group Inc (DSG) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - September 12 at 11:00 AM |
| Descartes Systems Group Inc Forecasted to Earn Q3 2018 Earnings of $0.12 Per Share (DSG)
www.americanbankingnews.com - September 11 at 6:20 AM |
| The Descartes Systems Group, Inc. :DSG-CA: Earnings Analysis: Q2, 2018 By the Numbers : September 9, 2017
finance.yahoo.com - September 9 at 5:37 PM |
| Descartes Systems Group Inc (DSG) Price Target Increased to C$38.00 by Analysts at Raymond James Financial, Inc.
www.americanbankingnews.com - September 8 at 7:26 PM |
 | Pacific Insight at 52-Week High After Takeover Bid - Baystreet.ca
www.baystreet.ca - September 7 at 6:08 PM |
| Edited Transcript of DSG.TO earnings conference call or presentation 6-Sep-17 9:00pm GMT
finance.yahoo.com - September 7 at 6:08 PM |
| Barclays PLC Increases Descartes Systems Group Inc (DSG) Price Target to C$39.00
www.americanbankingnews.com - September 7 at 2:50 PM |
| Descartes Systems Group Inc (DSG) Given a C$29.00 Price Target at BMO Capital Markets
www.americanbankingnews.com - September 7 at 2:50 PM |
| Kirkland Lake Gold, Descartes at 52-Week High - Baystreet.ca
www.baystreet.ca - September 7 at 4:00 AM |
 | Descartes Reports Fiscal 2018 Second Quarter Financial Results - Nasdaq
www.nasdaq.com - September 6 at 11:00 PM |
| Descartes Systems Group Inc (DSG) Given New C$40.00 Price Target at Royal Bank Of Canada
www.americanbankingnews.com - September 1 at 12:56 PM |
| Descartes Systems Group Inc (DSG) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 30 at 1:20 AM |
| [$$] ‘Amazon Effect’ Sparks Deals for Software-Tracking Firms
finance.yahoo.com - August 29 at 11:28 PM |
| [$$] 'Amazon Effect' Sparks Deals for Software-Tracking Firms
finance.yahoo.com - August 29 at 6:27 PM |
| Descartes Systems Group Inc (DSG) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - August 18 at 10:49 AM |
 | Supply Chain Visibility Acquisition Market Heats Up
www.forbes.com - August 15 at 11:47 PM |
| The Descartes Systems Group, Inc. :DSG-CA: Earnings Analysis: Q1, 2018 By the Numbers : August 2, 2017
finance.yahoo.com - August 2 at 6:56 PM |
 | ACM Parts Centralizes Nationwide Delivery Operations with Descartes Cloud-Based Routing and Mobile Solution - GlobeNewswire (press release)
globenewswire.com - July 27 at 12:39 AM |
| Descartes Systems Group Inc (DSG) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - July 24 at 11:37 AM |
| The Descartes Systems Group, Inc. – Value Analysis (TORONTO:DSG) : June 29, 2017
finance.yahoo.com - June 29 at 7:32 PM |
| The Descartes Systems Group, Inc. breached its 50 day moving average in a Bearish Manner : DSG-CA : June 28, 2017
finance.yahoo.com - June 28 at 5:49 PM |
| Descartes Systems Group Inc (DSG) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - June 27 at 10:56 AM |
| How To Play It: Mobility
finance.yahoo.com - June 13 at 12:12 PM |
| Descartes Acquires PCSTrac Business - GlobeNewswire (press release)
globenewswire.com - June 2 at 9:13 PM |
| Descartes Acquires PCSTrac Business
finance.yahoo.com - June 2 at 4:12 PM |
| William Blair Weighs in on Descartes Systems Group Inc's Q2 2018 Earnings (DSG)
www.americanbankingnews.com - June 2 at 9:04 AM |
| Descartes Systems Group Inc (DSG) Price Target Raised to C$37.00
www.americanbankingnews.com - June 1 at 11:04 PM |
| Descartes Systems Group Inc (DSG) Earns Market Perform Rating from BMO Capital Markets
www.americanbankingnews.com - June 1 at 11:02 PM |
| Scotiabank Increases Descartes Systems Group Inc (DSG) Price Target to C$38.00
www.americanbankingnews.com - June 1 at 11:02 PM |
| Descartes Systems Group Inc (DSG) Price Target Increased to C$38.00 by Analysts at Canaccord Genuity
www.americanbankingnews.com - June 1 at 11:02 PM |
| Descartes Systems Group Inc (DSG) Price Target Raised to C$39.00 at TD Securities
www.americanbankingnews.com - June 1 at 10:35 PM |
| Descartes Systems Group Inc (DSG) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 1 at 6:32 PM |
 | Form SD DESCARTES SYSTEMS GROUP
www.streetinsider.com - May 31 at 4:48 PM |
 | BRIEF-Descartes acquires ShipRush
www.reuters.com - May 20 at 4:46 PM |
| Descartes Acquires ShipRush
finance.yahoo.com - May 19 at 8:13 AM |
| Premium, Descartes at 52-Week Highs
www.baystreet.ca - May 17 at 4:51 PM |
 | Don’t Miss This Outstanding Stock for Global Growth
www.fool.ca - May 17 at 11:10 AM |
| Descartes Amends Shareholder Rights Plan Proposed for Approval by Shareholders
finance.yahoo.com - May 16 at 11:59 AM |
| Tony's Chocolonely Expands Internationally with the Descartes Global Logistic Network
finance.yahoo.com - May 16 at 11:59 AM |
| Cogeco, Descartes, Cineplex Out with News, Hit 52-Week High - Baystreet.ca
www.baystreet.ca - May 3 at 8:46 AM |
| Rogers Corporation Expands Use of Descartes' Denied Party Screening Solution to Strengthen Global Trade Compliance - GlobeNewswire (press release)
globenewswire.com - May 3 at 8:46 AM |
| Descartes Sets Date to Announce First Quarter Fiscal 2018 Financial Results
finance.yahoo.com - May 3 at 8:46 AM |
| Touchstone at 52-Week High - Baystreet.ca
www.baystreet.ca - April 25 at 4:32 PM |
| Descartes Systems Group's (DSG) "Outperform" Rating Reiterated at Royal Bank of Canada
www.americanbankingnews.com - April 6 at 7:20 AM |
 | DESCARTES SYSTEMS GROUP INC
www.finanznachrichten.de - March 24 at 3:26 AM |
| CANADA STOCKS-Futures gain as oil rebounds from sharp losses ... - Nasdaq
www.nasdaq.com - March 11 at 9:56 AM |
| Aurinia Out with Annual Numbers, Hits 52-week High
www.baystreet.ca - March 9 at 5:21 PM |
Descartes Systems Group (DSG) Chart for Thursday, September, 21, 2017
