Descartes Systems Group Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 47/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 111.41.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Descartes Systems Group Inc's Score
Industry at a Glance
Industry Ranking
47 / 482
Overall Ranking
108 / 4562
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
14
analysts
Buy
Current Rating
111.411
Target Price
+20.59%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Descartes Systems Group Inc Highlights
StrengthsRisks
The Descartes Systems Group Inc. is focused on logistics and supply chain management business processes. It provides on-demand, software-as-a-service (SaaS) solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. It allows customers to use its modular, SaaS solutions to route, track and help improve the safety, compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete other logistics processes by participating in the multimodal logistics community. Its solutions include cloud-based and consist of B2B service connectivity and messaging, broker and forwarder enterprise systems, global trade intelligence, regulatory compliance, e-commerce shipping, transportation management and routing. It also provides customs declaration software for logistics services providers and shippers.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 33.95% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 651.00M.
Undervalued
The company’s latest PE is 49.10, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 74.03M shares, decreasing 0.05% quarter-over-quarter.
The Descartes Systems Group Inc. is focused on logistics and supply chain management business processes. It provides on-demand, software-as-a-service (SaaS) solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. It allows customers to use its modular, SaaS solutions to route, track and help improve the safety, compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete other logistics processes by participating in the multimodal logistics community. Its solutions include cloud-based and consist of B2B service connectivity and messaging, broker and forwarder enterprise systems, global trade intelligence, regulatory compliance, e-commerce shipping, transportation management and routing. It also provides customs declaration software for logistics services providers and shippers.
Ticker SymbolDSGX
CompanyDescartes Systems Group Inc
CEORyan (Edward J)
Websitehttps://www.descartes.com/
FAQs
What is the current price of Descartes Systems Group Inc (DSGX)?
The current price of Descartes Systems Group Inc (DSGX) is 89.050.
What is the symbol of Descartes Systems Group Inc?
The ticker symbol of Descartes Systems Group Inc is DSGX.
What is the 52-week high of Descartes Systems Group Inc?
The 52-week high of Descartes Systems Group Inc is 177.980.
What is the 52-week low of Descartes Systems Group Inc?
The 52-week low of Descartes Systems Group Inc is 110.550.
What is the market capitalization of Descartes Systems Group Inc?
The market capitalization of Descartes Systems Group Inc is 7.66B.
What is the net income of Descartes Systems Group Inc?
The net income of Descartes Systems Group Inc is 143.27M.
Is Descartes Systems Group Inc (DSGX) currently rated as Buy, Hold, or Sell?
According to analysts, Descartes Systems Group Inc (DSGX) has an overall rating of Buy, with a price target of 111.411.
What is the Earnings Per Share (EPS TTM) of Descartes Systems Group Inc (DSGX)?
The Earnings Per Share (EPS TTM) of Descartes Systems Group Inc (DSGX) is 1.814.