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

4 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, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities 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?

4 Wall Street analysts have issued twelve-month price objectives for The Descartes Systems Group's shares. Their DSG share price targets range from C$75.00 to C$110.00. On average, they predict the company's stock price to reach C$89.67 in the next year. This suggests that the stock has a possible downside of 27.7%. View analysts price targets for DSG or view top-rated stocks among Wall Street analysts .

How have DSG shares performed in 2024?

The Descartes Systems Group's stock was trading at C$111.33 at the beginning of 2024. Since then, DSG shares have increased by 11.3% and is now trading at C$123.95. View the best growth stocks for 2024 here .

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 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, March, 6th. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.09. The business had revenue of $200.32 million for the quarter, compared to analyst estimates of $197.20 million. The Descartes Systems Group had a net margin of 20.23% and a trailing twelve-month return on equity of 9.92%.

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) , Wheaton Precious Metals (WPM) , 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 .

TSE:DSG

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

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C$123.95

-0.21 (-0.17%)

(As of 02:39 PM ET)

Compare

Today's Range: C$122.68
▼
C$124.22
50-Day Range: C$114.80
▼
C$127.14
52-Week Range: C$95.03
▼
C$127.91

Volume: 57,870 shs
Average Volume: 88,663 shs
Market Capitalization: C$10.56 billion

P/E Ratio: 70.03
Dividend Yield: 1.06%
Price Target: C$89.67

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get The Descartes Systems Group alerts:

The Descartes Systems Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 27.7% Downside
C$89.67 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.24
Based on 5 Articles This Week
Insider Trading: Selling Shares
C$7.10 M Sold Last Quarter
Proj. Earnings Growth: N/A

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.

0.50 out of 5 stars

1.1

Analyst's Opinion

Consensus Rating
The Descartes Systems Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.
Amount of Analyst Coverage
The Descartes Systems Group has only been the subject of 3 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.

1.8

News and Social Media Coverage

News Sentiment
The Descartes Systems Group has a news sentiment score of 0.24. 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 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for The Descartes Systems Group this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for DSG on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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$7,095,062.00 in 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
87.80% 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 70.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Descartes Systems Group is 70.03, 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 235.88.
Price to Earnings Growth Ratio
The Descartes Systems Group has a PEG Ratio of 2.17. 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 8.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About The Descartes Systems Group Stock (TSE:DSG)

The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management solutions worldwide. Its 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; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global 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 provides consulting, implementation, and training services, as well as maintenance and support services. It serves transportation providers, such as air, ocean, and truck modes; logistics service providers, including third-party logistics providers, freight forwarders, and customs brokers; and distribution-intensive companies, such as manufacturers, retailers, distributors, and mobile business service providers through subscription, transactional or perpetual license basis. 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

April 17, 2024 | insidertrades.com

John Scott Pagan Sells 20,597 Shares of The Descartes Systems Group Inc. (TSE:DSG) Stock

April 9, 2024 | insidertrades.com

The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Kenneth Edward Wood Sells 8,000 Shares

April 19, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 4, 2024 | insidertrades.com

The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Sells C$392,637.96 in Stock

March 21, 2024 | insidertrades.com

Insider Selling: The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Sells 12,937 Shares of Stock

April 17, 2024 | americanbankingnews.com

The Descartes Systems Group Inc. (TSE:DSG) Director John Scott Pagan Sells 20,597 Shares of Stock

April 16, 2024 | ca.finance.yahoo.com

3 High-Growth Stocks That Could Help You Become a Millionaire

April 8, 2024 | finance.yahoo.com

Institutional investors in The Descartes Systems Group Inc. (TSE:DSG) lost 3.3% last week but have reaped the benefits of longer-term growth

April 19, 2024 | Paradigm Press (Ad)

Bitcoin Rockets To Record High But Buy THIS Instead

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 2, 2024 | finance.yahoo.com

Fashion Brand LOVALL Improves Fulfilment Productivity with Descartes’ Ecommerce Warehouse Management System

March 31, 2024 | seekingalpha.com

Descartes Systems: Adding To Its M&A Track Record

March 30, 2024 | ca.finance.yahoo.com

The Descartes Systems Group Inc. (DSG.TO)

March 29, 2024 | finanznachrichten.de

The Descartes Systems Group Inc.: Descartes Acquires OCR

March 26, 2024 | finance.yahoo.com

Bahr Transportation Transforms Operations with Descartes’ Transportation Management, Freight Visibility and Capacity Sourcing Solutions

March 25, 2024 | finance.yahoo.com

Descartes Systems Group (TSE:DSG) shareholders have earned a 21% CAGR over the last five years

March 15, 2024 | msn.com

Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now

March 10, 2024 | finance.yahoo.com

The Descartes Systems Group Inc. (TSE:DSG) Analysts Are Pretty Bullish On The Stock After Recent Results

March 8, 2024 | finance.yahoo.com

Descartes Systems Group Full Year 2024 Earnings: In Line With Expectations

March 8, 2024 | theglobeandmail.com

Bullish on on Descartes Systems Group Inc.

March 7, 2024 | finance.yahoo.com

DSGX Sep 2024 100.000 call

March 7, 2024 | finance.yahoo.com

DSGX Jun 2024 100.000 call

March 5, 2024 | finance.yahoo.com

Is The Descartes Systems Group Inc.'s (TSE:DSG) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

February 28, 2024 | msn.com

Should You Buy Descartes Systems Stock in March 2024?

February 22, 2024 | news.yahoo.com

State Street Group completes loft project in Jackson. See the details

February 22, 2024 | msn.com

3 Top Artificial Intelligence Stocks to Buy in March

February 5, 2024 | finance.yahoo.com

Descartes Sets Date to Announce Fiscal 2024 Fourth Quarter and Year-End Financial Results

January 31, 2024 | msn.com

Here’s How You Can Use Your $7,000 TFSA Limit in 2024

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/29/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Computer and Technology
Industry: Software - Application
Sub-Industry: N/A
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$89.67
High Stock Price Target: C$110.00
Low Stock Price Target: C$75.00
Potential Upside/Downside: -27.8%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.77
Trailing P/E Ratio: 70.15
Forward P/E Ratio: 47.31
P/E Growth: 2.17
Net Income: C$115.91 million
Net Margins: 20.23%
Pretax Margin: N/A
Return on Equity: 9.92%
Return on Assets: 7.37%

Debt

Debt-to-Equity Ratio: 0.56
Current Ratio: 2.05
Quick Ratio: 1.85

Sales & Book Value

Annual Sales: C$572.93 million
Price / Sales: 18.46
Cash Flow: C$3.72 per share
Price / Cash Flow: 33.37
Book Value: C$14.53 per share
Price / Book: 8.55

Miscellaneous

Outstanding Shares: 85,180,000
Free Float: N/A
Market Cap: C$10.58 billion
Optionable: Not Optionable
Beta: 0.76

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Key Executives

Mr. Edward J. Ryan B.A. (Age 55)
CEO & Director
Comp: $1.5M
Mr. John Scott Pagan
President & COO
Mr. Allan J. Brett C.A. (Age 55)
C.B.V., Chief Financial Officer
Comp: $1.09M
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 65)
Executive Vice President of Marketing, Industry & Services
Comp: $378.92k
Mr. Edward James Gardner
Executive Vice President of Corporate Development
Ms. Maija Michell
Senior Vice President of Human Resources

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?: 4 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, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities 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?: 4 Wall Street analysts have issued twelve-month price objectives for The Descartes Systems Group's shares. Their DSG share price targets range from C$75.00 to C$110.00. On average, they predict the company's stock price to reach C$89.67 in the next year. This suggests that the stock has a possible downside of 27.7%.
View analysts price targets for DSG or view top-rated stocks among Wall Street analysts.
How have DSG shares performed in 2024?: The Descartes Systems Group's stock was trading at C$111.33 at the beginning of 2024. Since then, DSG shares have increased by 11.3% and is now trading at C$123.95.
View the best growth stocks for 2024 here.
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 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, March, 6th. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.09. The business had revenue of $200.32 million for the quarter, compared to analyst estimates of $197.20 million. The Descartes Systems Group had a net margin of 20.23% and a trailing twelve-month return on equity of 9.92%.
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), Wheaton Precious Metals (WPM), 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 4/19/2024 by MarketBeat.com Staff

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

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

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^™