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How to buy The Descartes Systems Group stock
Own The Descartes Systems Group stock in just a few minutes.
Fact checked
The Descartes Systems Group Inc is a software-application business based in the US. The Descartes Systems Group shares (DSGX) are listed on the NASDAQ and all prices are listed in US Dollars.
How to buy shares in The Descartes Systems Group
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for The Descartes Systems Group. Find the stock by name or ticker symbol: DSGX. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until The Descartes Systems Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of The Descartes Systems Group, depending on your broker.
- Check in on your investment. Congratulations, you own a part of The Descartes Systems Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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What's in this guide?
- DSGX shares summary
- Compare share dealing platforms
- Is DSGX stock a buy or sell?
- Stock performance over time
- Can I short DSGX shares?
- Are DSGX shares over-valued?
- The Descartes Systems Group's financials
- How volatile are DSGX shares?
- Does The Descartes Systems Group pay a dividend?
- Other common questions
The Descartes Systems Group share price
Use our graph to track the performance of DSGX stocks over time.The Descartes Systems Group shares at a glance
Information last updated 2021-02-24.
| 52-week range | USD$24.35 - USD$64.82 |
|---|---|
| 50-day moving average | USD$61.4248 |
| 200-day moving average | USD$57.6268 |
| Wall St. target price | USD$62.29 |
| PE ratio | 107.1403 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$0.549 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy The Descartes Systems Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is The Descartes Systems Group under- or over-valued?
Valuing The Descartes Systems Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of The Descartes Systems Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
The Descartes Systems Group's P/E ratio
The Descartes Systems Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 107x. In other words, The Descartes Systems Group shares trade at around 107x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
The Descartes Systems Group's PEG ratio
The Descartes Systems Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.33. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into The Descartes Systems Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
The Descartes Systems Group's EBITDA
The Descartes Systems Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$129.6 million.
The EBITDA is a measure of a The Descartes Systems Group's overall financial performance and is widely used to measure a its profitability.
The Descartes Systems Group financials
| Revenue TTM | USD$339.5 million |
|---|---|
| Operating margin TTM | 19.55% |
| Gross profit TTM | USD$240.1 million |
| Return on assets TTM | 4.26% |
| Return on equity TTM | 5.52% |
| Profit margin | 13.65% |
| Book value | $10.307 |
| Market capitalisation | USD$5 billion |
TTM: trailing 12 months
Shorting The Descartes Systems Group shares
There are currently 515,783 The Descartes Systems Group shares held short by investors – that's known as The Descartes Systems Group's "short interest". This figure is 40.4% up from 367,270 last month.
There are a few different ways that this level of interest in shorting The Descartes Systems Group shares can be evaluated.
The Descartes Systems Group's "short interest ratio" (SIR)
The Descartes Systems Group's "short interest ratio" (SIR) is the quantity of The Descartes Systems Group shares currently shorted divided by the average quantity of The Descartes Systems Group shares traded daily (recently around 121075.82159624). The Descartes Systems Group's SIR currently stands at 4.26. In other words for every 100,000 The Descartes Systems Group shares traded daily on the market, roughly 4260 shares are currently held short.
However The Descartes Systems Group's short interest can also be evaluated against the total number of The Descartes Systems Group shares, or, against the total number of tradable The Descartes Systems Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case The Descartes Systems Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 The Descartes Systems Group shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable The Descartes Systems Group shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against The Descartes Systems Group.
Find out more about how you can short The Descartes Systems Group stock.
The Descartes Systems Group share dividends
We're not expecting The Descartes Systems Group to pay a dividend over the next 12 months.
The Descartes Systems Group share price volatility
Over the last 12 months, The Descartes Systems Group's shares have ranged in value from as little as $24.35 up to $64.82. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while The Descartes Systems Group's is 1.138. This would suggest that The Descartes Systems Group's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
The Descartes Systems Group overview
The Descartes Systems Group Inc. provides cloud, device, and data content-based solutions that focus on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. Its Logistics Technology platform combines a network, applications, content, and a community. The company provides a suite of solutions that include routing, mobile and telematics; transportation management and e-commerce fulfillment; customs and regulatory compliance; global trade data and services; global logistics network services; and broker and forwarder enterprise systems. The company offers its customers to use its modular, cloud-based and data content 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; comply with trade regulations, and various other logistics processes. It also act as a reseller of hardware devices in connection with transportation and logistics operations. The company primarily focuses on serving transportation providers, logistics service providers, manufacturers, retailers, distributors, and business service providers. The company was founded in 1981 and is headquartered in Waterloo, Canada.
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