The Descartes Systems Group Inc. (DSGX)

NASDAQ: DSGX · IEX Real-Time Price · USD
94.50
+0.40 (0.43%)
At close: Apr 24, 2024, 4:00 PM
94.41
-0.09 (-0.10%)
After-hours: Apr 24, 2024, 5:01 PM EDT
0.43%
Market Cap 8.05B
Revenue (ttm) 572.93M
Net Income (ttm) 115.91M
Shares Out 85.18M
EPS (ttm) 1.34
PE Ratio 70.52
Forward PE 62.85
Dividend n/a
Ex-Dividend Date n/a
Volume 506,479
Open 93.97
Previous Close 94.10
Day's Range 93.69 - 94.99
52-Week Range 69.59 - 96.04
Beta 0.75
Analysts Buy
Price Target 96.25 (+1.85%)
Earnings Date May 29, 2024

About DSGX

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 offe... [Read more]

Sector Technology
IPO Date Jan 26, 1999
Employees 2,083
Stock Exchange NASDAQ
Ticker Symbol DSGX
Full Company Profile

Financial Performance

In 2023, DSGX's revenue was $572.93 million, an increase of 17.88% compared to the previous year's $486.01 million. Earnings were $115.91 million, an increase of 13.37%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for DSGX stock is "Buy." The 12-month stock price forecast is $96.25, which is an increase of 1.85% from the latest price.

Price Target
$96.25
(1.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Descartes Acquires ASD

Strengthens Descartes' Customs and Regulatory Compliance Footprint WATERLOO, Ontario and ATLANTA, April 22, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader ...

2 days ago - GlobeNewsWire

Descartes' Study Reveals 54% of Supply Chain and Logistics Operations are Prioritizing Automation to Mitigate Workforce Shortages

Delivery Route Optimization & Real-time Shipment Tracking are Top Technology Choices to Improve Productivity Delivery Route Optimization & Real-time Shipment Tracking are Top Technology Choices to Imp...

9 days ago - GlobeNewsWire

New Descartes MacroPoint™ Capabilities Help Combat Fraud in Transportation and Logistics

ATLANTA, April 10, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the availability of Desc...

14 days ago - GlobeNewsWire

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

LONDON and ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that U.K.-bas...

22 days ago - GlobeNewsWire

Descartes Acquires OCR

Strengthens Descartes' Global Trade Intelligence Content Solutions WATERLOO, Ontario and ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader ...

27 days ago - GlobeNewsWire

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

ATLANTA and LONDON, March 26, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Charlot...

4 weeks ago - GlobeNewsWire

Wren Kitchens Completes 56% More Customer Appointments and Saves £2 million Annually with Descartes Routing Solution

LONDON and ATLANTA, March 19, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that the U.K....

5 weeks ago - GlobeNewsWire

Descartes (DSGX) CEO on the Global Supply Chain

Descartes (DSGX) is a logistics services provider. CEO Ed Ryan joins Oliver Renick to discuss the state of the global supply chain.

5 weeks ago - Schwab Network

MSC Air Cargo Streamlines Shipment Management Using Descartes' Air Messaging Solution

HONG KONG and ATLANTA, March 11, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that MSC A...

6 weeks ago - GlobeNewsWire

Descartes Announces Fiscal 2024 Fourth Quarter and Annual Financial Results

Record Revenues and Income from Operations WATERLOO, Ontario and ATLANTA, March 06, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results fo...

7 weeks ago - GlobeNewsWire

Ecotape Increases Exports by 30% Using Descartes' Global Trade Intelligence Solution

BUENOS AIRES, Argentina and ATLANTA, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announc...

2 months ago - GlobeNewsWire

Arctic Glacier Enhances North American Distribution Performance with Descartes Strategic Route Planning Solution

ATLANTA and LONDON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Arctic Gl...

2 months ago - GlobeNewsWire

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

WATERLOO, Ontario and ATLANTA, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is schedule...

2 months ago - GlobeNewsWire

Descartes' Study Reveals 76% of Supply Chain and Logistics Operations are Experiencing Notable Workforce Shortages

Transportation & Warehouse Operations Most Challenged by Resource Shortages ATLANTA, Georgia and LONDON, U.K., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the gl...

3 months ago - GlobeNewsWire

PBO Logistics Expands Business Using Descartes' Last Mile Delivery Solution

LONDON, U.K. and ATLANTA, Georgia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced...

3 months ago - GlobeNewsWire

Activewear Brand AYBL Increases its Fulfillment Efficiency by 100% with Descartes' Ecommerce Warehouse Management System

LONDON, UK and ATLANTA, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that U.K...

4 months ago - GlobeNewsWire

Descartes Announces Fiscal 2024 Third Quarter Financial Results

Record Revenues as Global Logistics Network Expands WATERLOO, Ontario and ATLANTA, Dec. 05, 2023 (GLOBE NEWSWIRE) --  The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial r...

5 months ago - GlobeNewsWire

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

HAMBURG, Germany and ATLANTA, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that...

5 months ago - GlobeNewsWire

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

LEIPZIG, Germany and ATLANTA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announced th...

5 months ago - GlobeNewsWire

Descartes Sets Date to Announce Third Quarter Fiscal 2024 Financial Results

WATERLOO, Ontario and ATLANTA, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is schedule...

6 months ago - GlobeNewsWire

Spacepro Improves Access Rates and Customer Interaction for Service Appointments using Descartes Customer Engagement Solution

LONDON and ATLANTA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that U.K.-base...

6 months ago - GlobeNewsWire

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

ATLANTA and LONDON, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Californi...

6 months ago - GlobeNewsWire

Arrive Logistics Enhances Carrier Connectivity and Visibility Using Descartes Freight Visibility Solution

ATLANTA, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Austin-based Arrive ...

7 months ago - GlobeNewsWire

Cardinal Global Logistics Scales Customs Bureau with Descartes e-Customs™ Solution

LONDON, United Kingdom and ATLANTA, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announc...

7 months ago - GlobeNewsWire

Descartes Announces Fiscal 2024 Second Quarter Financial Results

Record Revenues and Income from Operations WATERLOO, Ontario, Sept. 06, 2023 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal...

8 months ago - GlobeNewsWire