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 7,407 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
213% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 16
40% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 7 (+2) [Q4]
14% more capital invested
Capital invested by funds: $6.79B [Q3] → $7.77B (+$980M) [Q4]
9% more funds holding
Funds holding: 336 [Q3] → 365 (+29) [Q4]
2.75% more ownership
Funds ownership: 76.81% [Q3] → 79.56% (+2.75%) [Q4]
9% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 142
33% less call options, than puts
Call options by funds: $7.07M | Put options by funds: $10.6M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$113
10%
upside
Avg. target
$125
22%
upside
High target
$137
34%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
RBC Capital Paul Treiber 43% 1-year accuracy 9 / 21 met price target | 27%upside $130 | Outperform Reiterated | 28 Mar 2025 |
Scotiabank Kevin Krishnaratne 10% 1-year accuracy 1 / 10 met price target | 24%upside $127 | Sector Outperform Maintained | 26 Mar 2025 |
BMO Capital Thanos Moschopoulos 50% 1-year accuracy 3 / 6 met price target | 10%upside $113 | Market Perform Maintained | 6 Mar 2025 |
Barclays Raimo Lenschow 28% 1-year accuracy 22 / 79 met price target | 15%upside $118 | Equal-Weight Maintained | 6 Mar 2025 |
Stephens & Co. John Campbell 53% 1-year accuracy 19 / 36 met price target | 34%upside $137 | Overweight Maintained | 6 Mar 2025 |
Financial journalist opinion
Based on 10 articles about DSGX published over the past 30 days
Positive
Zacks Investment Research
1 week ago
DSGX Solution Aligns Air Cargo Data Transmission With IATA Standard
Descartes advances air cargo digitization with ONE Record support, offering real-time, streamlined shipment data and boosting global logistics efficiency.
Neutral
GlobeNewsWire
1 week ago
Descartes Solution Streamlines Air Shipment Data Exchange with IATA's ONE Record
MUNICH, Germany and ATLANTA, April 10, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that the Descartes Air Messaging™ solution has streamlined the transmission of air shipment data according to the International Air Transport Association's (IATA) ONE Record messaging standard. IATA's ONE Record initiative aims to help airlines, their partners and service providers digitize air cargo messaging services by January 1, 2026, replacing the traditional exchange of documents using Cargo-IMP and Cargo XML standards.
Negative
CNBC Television
2 weeks ago
Descartes Systems Group CEO: Trump tariffs have created 'a lot of uncertainty' for our customers
Descartes Systems Group CEO Edward Ryan joins 'The Exchange' to discuss how their customers are reacting to Trump tariffs, whether this tariff war will impact their business, and more.
Negative
Zacks Investment Research
2 weeks ago
Descartes' AI Tools Help Lane One Automate Carrier Communication
DSGX's solutions enable Lane One to speed up load coverage, gain deeper pricing insights and reduce carrier fraud risks.
Neutral
GlobeNewsWire
2 weeks ago
Lane One Transport Automates Carrier Communication and Qualification with Integrated Parade and Descartes Solutions
ATLANTA, April 03, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Texas-based Lane One Transport, a leader in freight brokerage, is automating inbound carrier communication and qualification using Parade CoDriver, a recently enhanced artificial intelligence (AI)-powered carrier engagement solution, integrated with the Descartes Aljex™ transportation management system (TMS) and Descartes MyCarrierPortal™ carrier onboarding system. The combined solution helps Lane One accelerate load coverage, gain smarter pricing insights and mitigate the risk of carrier fraud.
Positive
CNBC Television
2 weeks ago
Kayne Anderson's Julie Biel names this Canadian stock as a beneficiary of trade disruption
Julie Biel, Kayne Anderson Rudnick chief market strategist, joins 'The Exchange' to discuss market uncertainty and how to position from here.
Neutral
Zacks Investment Research
2 weeks ago
Descartes' GPM Offering Leveraged by Skypace to Boost Freight Bookings
DSGX highlights that with its GPM solution, Skypace slashes manual pricing time and transforms freight booking into a seamless digital process.
Neutral
GlobeNewsWire
2 weeks ago
Skypace Enhances Speed and Accuracy of Freight Bookings with Descartes Rate Management Solution
ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that international freight forwarder Skypace is using the Descartes Global Price Management™ (GPM) solution to populate its self-service quote-to-book platform with accurate shipping rates and provide a digital-first experience for its growing customer base.
Positive
Zacks Investment Research
3 weeks ago
DSGX Boosts Transportation Management With 3G Buyout: Stock to Gain?
Descartes acquires 3GTMS for roughly $115 million in cash to bolster its transportation management capabilities, carrier network and customer value.
Neutral
GlobeNewsWire
3 weeks ago
Descartes Acquires 3GTMS
Strengthens Transportation Management Capabilities for Shippers and Logistics Services Providers WATERLOO, Ontario and ATLANTA, March 25, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired 3GTMS (3G), a leading provider of transportation management solutions. Based in the US, 3G's transportation management solutions combine modern cloud architecture, an expansive carrier network, and planning-driven automation to help customers improve costs, customer satisfaction, and efficiency.
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