Descartes SystemsDSGX
DSGX
About: Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
Employees: 2,175
0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
5% more funds holding
Funds holding: 319 [Q2] → 334 (+15) [Q3]
4% more capital invested
Capital invested by funds: $6.55B [Q2] → $6.81B (+$253M) [Q3]
1% more call options, than puts
Call options by funds: $5.57M | Put options by funds: $5.52M
0% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 125
2.1% less ownership
Funds ownership: 79.14% [Q2] → 77.04% (-2.1%) [Q3]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$120
5%
upside
Avg. target
$129
13%
upside
High target
$140
23%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Loop Capital Mark Schappel 73% 1-year accuracy 22 / 30 met price target | 23%upside $140 | Buy Initiated | 17 Dec 2024 |
Scotiabank Kevin Krishnaratne 75% 1-year accuracy 6 / 8 met price target | 10%upside $125 | Sector Outperform Maintained | 4 Dec 2024 |
BMO Capital Thanos Moschopoulos 83% 1-year accuracy 5 / 6 met price target | 5%upside $120 | Market Perform Maintained | 4 Dec 2024 |
RBC Capital Paul Treiber 79% 1-year accuracy 11 / 14 met price target | 17%upside $133 | Outperform Maintained | 29 Nov 2024 |
Barclays Raimo Lenschow 56% 1-year accuracy 49 / 88 met price target | 10%upside $125 | Equal-Weight Upgraded | 15 Nov 2024 |
Financial journalist opinion
Based on 10 articles about DSGX published over the past 30 days
Positive
Seeking Alpha
1 week ago
Descartes: The Quiet Canadian Compounder - Why Descartes Remains My Top Software Pick
Descartes Systems has consistently delivered strong returns, with an 84.1% return over the last 10 years, outperforming the S&P 500. DSGX's Q3 2025 results show robust growth, with a 17% YoY increase in revenue and a 35% YoY rise in EPS, despite a temporary margin dip. The company's aggressive M&A strategy, with five acquisitions this fiscal year, positions it well to capitalize on a fragmented supply chain software industry with a stronger focus on SMB.
Positive
Zacks Investment Research
2 weeks ago
Will Strong Adoption of Descartes' Cloud-Based TMS Boost the Stock?
With DSGX's innovative cloud-based TMS, IDS is driving efficiency and sustainability across its operations.
Neutral
GlobeNewsWire
2 weeks ago
IDS Reduces Costs and Elevates Customer Experience with Descartes' Transportation Management Solution
AMERSFOORT, Netherlands and ATLANTA, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that IDS, a leading European non-asset transport management specialist and fourth-party logistics provider (4PL), is using Descartes' cloud-based transportation management system (TMS) to enhance the customer experience for shippers and carriers by organizing and optimizing transportation, resulting in efficiencies and cost savings through end-to-end supply chain management.
Positive
Seeking Alpha
3 weeks ago
Descartes Systems: Successful M&A Integration Keeps It On Track For More Upside
Descartes Systems delivered strong Q3'25 results with 15% revenue growth and 14% adjusted EBITDA growth, driven by successful M&A activities and robust cash flow. The company completed five acquisitions in fiscal 2025, enhancing capabilities in carrier connectivity, e-commerce fulfillment, and global trade intelligence, showing promising integration results. Descartes' focus on innovation and AI investments, along with a debt-free balance sheet, positions it well for sustained 10%-15% annual adjusted EBITDA growth.
Positive
Zacks Investment Research
3 weeks ago
DSGX's Q3 Earnings Lag, Sales Up Y/Y on Organic Growth & Acquisitions
Descartes' fiscal Q3 2025 performance is driven by strength across Services, License and Professional services segments coupled with strategic buyouts.
Neutral
Seeking Alpha
3 weeks ago
The Descartes Systems Group Inc. (DSGX) Q3 2025 Earnings Call Transcript
The Descartes Systems Group Inc. (NASDAQ:DSGX ) Q3 2025 Earnings Conference Call December 3, 2024 5:30 PM ET Company Participants Scott Pagan - President and Chief Operating Officer Ed Ryan - Chief Executive Officer Allan Brett - Chief Financial Officer Conference Call Participants Faith Brunner - William Blair Paul Treiber - RBC Capital Markets Stephanie Price - CIBC Lachlan Brown - Redburn Atlantic Raimo Lenschow - Barclays John Shao - National Bank Scott Group - Wolfe Research Kevin Krishnaratne - Scotia Bank Robert Young - Canaccord Genuity Steven Li - Raymond James Operator Good afternoon, ladies and gentlemen, and welcome to The Descartes Systems Group Quarterly Results Conference Call. At this time, all lines are in listen-only mode.
Neutral
Zacks Investment Research
3 weeks ago
Descartes Systems (DSGX) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Descartes Systems (DSGX) give a sense of how the business performed in the quarter ended October 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
3 weeks ago
Descartes Systems (DSGX) Lags Q3 Earnings Estimates
Descartes Systems (DSGX) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.31 per share a year ago.
Neutral
GlobeNewsWire
3 weeks ago
Descartes Announces Fiscal 2025 Third Quarter Financial Results
Record Revenues as Global Logistics Network Expands WATERLOO, Ontario and ATLANTA, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2025 third quarter (Q3FY25). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).
Neutral
GlobeNewsWire
3 weeks ago
Descartes' Study Reveals Tariffs and Trade Barriers as Top Concern of 48% of Supply Chain Leaders
ATLANTA and LONDON, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from its 2024 Supply Chain Intelligence Report: Escalating Challenges for Global Supply Chain Leaders survey, which examined the most significant global trade challenges facing logistics and supply chain leaders today. The study showed that 48% of respondents identified rising tariffs and trade barriers as their top concern, closely followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.
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