The Descartes Systems Group Inc. (DSGX)

NASDAQ: DSGX · IEX Real-Time Price · USD
78.29
-0.31 (-0.39%)
Mar 29, 2023, 4:00 PM EDT - Market closed
-0.39%
Market Cap 6.64B
Revenue (ttm) 486.01M
Net Income (ttm) 102.24M
Shares Out 84.82M
EPS (ttm) 1.18
PE Ratio 66.35
Forward PE 48.08
Dividend n/a
Ex-Dividend Date n/a
Volume 87,023
Open 78.87
Previous Close 78.60
Day's Range 78.06 - 78.94
52-Week Range 56.19 - 79.95
Beta 0.88
Analysts Buy
Price Target 71.98 (-8.06%)
Earnings Date Mar 1, 2023

About DSGX

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 telema... [Read more]

Sector Technology
IPO Date Jan 26, 1999
Employees 1,334
Stock Exchange NASDAQ
Ticker Symbol DSGX
Full Company Profile

Financial Performance

In 2023, DSGX's revenue was $486.01 million, an increase of 14.44% compared to the previous year's $424.69 million. Earnings were $102.24 million, an increase of 18.49%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for DSGX stock is "Buy." The 12-month stock price forecast is $71.98, which is a decrease of -8.06% from the latest price.

Price Target
$71.98
(-8.06% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Fairmount Tire & Rubber Increases Distribution Efficiency and Delivery Capacity with Descartes' Last Mile Delivery Solution

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

3 days ago - GlobeNewsWire

3 Reasons Why Growth Investors Shouldn't Overlook Descartes Systems (DSGX)

Descartes Systems (DSGX) possesses solid growth attributes, which could help it handily outperform the market.

1 week ago - Zacks Investment Research

Here's Why Investors Should Buy Descartes Systems (DSGX)

The Descartes Systems Group's (DSGX) performance gains from the rapid adoption of its products and services as well as synergies from acquisitions.

1 week ago - Zacks Investment Research

Descartes' Annual Ecommerce Study Shows Slightly Improved Home Delivery Performance as 67% of Consumers Still Face Delivery Problems

ATLANTA and LONDON, March 20, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released the results o...

1 week ago - GlobeNewsWire

Is Descartes Systems (DSGX) a Solid Growth Stock? 3 Reasons to Think "Yes"

Descartes Systems (DSGX) possesses solid growth attributes, which could help it handily outperform the market.

3 weeks ago - Zacks Investment Research

Descartes provides ‘cautious' outlook, reiterates long-term targets

Management from supply chain software-as-a-service provider Descartes said higher interest rates and inflation as well as the war in Ukraine have forced it to “remain cautious” on the near term. Howev...

1 month ago - FreightWaves

Descartes Announces Fiscal 2023 Fourth Quarter and Annual Financial Results

Record Revenues, Annual Income from Operations and Net Income

1 month ago - GlobeNewsWire

SELSCS Grows Freight Brokerage with Descartes' Transportation Management, Freight Visibility and Capacity Sourcing Solution

ATLANTA and LONDON, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Fort Wor...

1 month ago - GlobeNewsWire

Descartes acquires final-mile automation platform in $138M deal

Canadian supply chain software-as-a-service provider Descartes said Tuesday it has acquired final-mile automation platform GroundCloud for $138 million. Minneapolis-based GroundCloud provides cloud-ba...

1 month ago - FreightWaves

Descartes Acquires GroundCloud

Strengthens Final-Mile Carrier Capabilities and Adds Road Safety Compliance Platform

1 month ago - GlobeNewsWire

Fresh Produce Distributor Jacques Remy & Sons Using Descartes' Route Planning Solution to Reduce Transportation Costs and Improve Service

ATLANTA and PARIS, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Jacques R...

1 month ago - GlobeNewsWire

Online Retailer Das Kostümland Deploys Descartes' Ecommerce Warehouse Management Solution to Strengthen Peak Season Fulfillment

MUNICH, Germany and ATLANTA, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announced tha...

1 month ago - GlobeNewsWire

Descartes Sets Date to Announce Fiscal 2023 Fourth Quarter and Year-End Financial Results

WATERLOO, Ontario, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report ...

1 month ago - GlobeNewsWire

Descartes Systems (DSGX) is an Incredible Growth Stock: 3 Reasons Why

Descartes Systems (DSGX) is well positioned to outperform the market, as it exhibits above-average growth in financials.

2 months ago - Zacks Investment Research

Descartes' Study Reveals 65% of Companies Plan to Accelerate Supply Chain and Logistics Innovation Investment

ATLANTA and LONDON, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from ...

2 months ago - GlobeNewsWire

Topps Tiles Transforms Fleet Delivery Operations and Strategic Modelling with Descartes' Route Optimisation Solution

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

2 months ago - GlobeNewsWire

New Strong Buy Stocks for January 6th

FICO, BAESY, CCEP, DSGX and JSAIY have been added to the Zacks Rank #1 (Strong Buy) List on January 6 , 2023.

Other symbols: CCEPFICO
2 months ago - Zacks Investment Research

Descartes Acquires Supply Vision

Strengthens Shipment Management Capabilities on the Global Logistics Network

2 months ago - GlobeNewsWire

3 Reasons Growth Investors Will Love Descartes Systems (DSGX)

Descartes Systems (DSGX) possesses solid growth attributes, which could help it handily outperform the market.

3 months ago - Zacks Investment Research

BW Retail Scales Ecommerce Fulfillment with Descartes' Ecommerce Warehouse and Shipping Solution

ATLANTA, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Michigan-based BW R...

3 months ago - GlobeNewsWire

Here is Why Growth Investors Should Buy Descartes Systems (DSGX) Now

Descartes Systems (DSGX) could produce exceptional returns because of its solid growth attributes.

3 months ago - Zacks Investment Research

Descartes says customer supply chain investment still firm amid ‘cautious' backdrop

Management from Canadian supply chain software-as-a-service provider Descartes said its customers are still leaning into supply chain solutions even as the macroeconomic environment has cooled.

3 months ago - FreightWaves

Descartes Systems (DSGX) Tops Q3 Earnings Estimates

Descartes Systems (DSGX) delivered earnings and revenue surprises of 14.81% and 1.33%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Descartes Announces Fiscal 2023 Third Quarter Financial Results

Record Services Revenues and Income from Operations

4 months ago - GlobeNewsWire

GSLS Uses Descartes' Route Optimisation and Mobile Proof of Delivery (POD) Solutions to Transform Operations

LONDON and ATLANTA, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that GSLS, a ...

4 months ago - GlobeNewsWire