How to buy The Descartes Systems Group (DSGX) stock

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.

The Descartes Systems Group stock price (NASDAQ: DSGX)

Use our graph to track the performance of DSGX stocks over time.

The Descartes Systems Group shares at a glance

• Key figures

Information last updated 2021-07-23.

Latest market close	$58.44
52-week range	$50.57 - $71.69
50-day moving average	$67.96
200-day moving average	$62.89
Wall St. target price	$71.13
PE ratio	102.942
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.69

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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.

Technical Analysis of The Descartes Systems Group Inc by TradingView

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.

The Descartes Systems Group price performance over time

Historical closes compared with the close of $58.44 from 2021-05-28

1 week (2021-07-16)	N/A
1 month (2021-06-25)	-13.77%
3 months (2021-04-27)	-7.75%
6 months (2021-01-23)	N/A

1 year (2020-07-23)	N/A
2 years (2019-07-23)	N/A
3 years (2018-07-23)	N/A
5 years (2016-07-23)	N/A

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 103x. In other words, The Descartes Systems Group shares trade at around 103x 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 $142.6 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	$363.8 million
Operating margin TTM	22.31%
Gross profit TTM	$258.8 million
Return on assets TTM	4.97%
Return on equity TTM	6.76%
Profit margin	16.35%
Book value	$11.16
Market capitalisation	$6 billion

TTM: trailing 12 months

Shorting The Descartes Systems Group shares

There are currently 264,718 The Descartes Systems Group shares held short by investors – that's known as The Descartes Systems Group's "short interest". This figure is 40.7% down from 446,319 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 93539.929328622). The Descartes Systems Group's SIR currently stands at 2.83. In other words for every 100,000 The Descartes Systems Group shares traded daily on the market, roughly 2830 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% of the outstanding shares (for every 100,000 The Descartes Systems Group shares in existence, roughly 0 shares are currently held short) or 0.0031% of the tradable shares (for every 100,000 tradable The Descartes Systems Group shares, roughly 3 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 $50.57 up to $71.69. 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 1.0914. 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-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 telematics; transportation management and e-commerce enablement; customs and regulatory compliance; trade data; global logistics network services; and broker and forwarder enterprise systems. It 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. The company also provides cloud-based ecommerce warehouse management solutions; consulting, implementation, and training services; and maintenance and support services. It primarily focuses on serving transportation providers, logistics service providers, and distribution-intensive companies, as well as manufacturers, retailers, distributors, and mobile business service providers.

Frequently asked questions

What percentage of The Descartes Systems Group is owned by insiders or institutions?
Currently 0.021% of The Descartes Systems Group shares are held by insiders and 92.712% by institutions. When does the fiscal year end for The Descartes Systems Group?
The Descartes Systems Group's fiscal year ends in January. Where is The Descartes Systems Group based?
The Descartes Systems Group's address is: 120 Randall Drive, Waterloo, ON, Canada, N2V 1C6 What is The Descartes Systems Group's ISIN number?
The Descartes Systems Group's international securities identification number is: CA2499061083 What is The Descartes Systems Group's CUSIP number?
The Descartes Systems Group's Committee on Uniform Securities Identification Procedures number is: 249906108