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 6,831 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
5% more funds holding
Funds holding: 320 [Q2] → 335 (+15) [Q3]
4% more capital invested
Capital invested by funds: $6.56B [Q2] → $6.81B (+$242M) [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: 79.15% [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
3%
upside
Avg. target
$129
10%
upside
High target
$140
20%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Loop Capital Mark Schappel 75% 1-year accuracy 24 / 32 met price target | 20%upside $140 | Buy Initiated | 17 Dec 2024 |
Scotiabank Kevin Krishnaratne 50% 1-year accuracy 4 / 8 met price target | 7%upside $125 | Sector Outperform Maintained | 4 Dec 2024 |
BMO Capital Thanos Moschopoulos 60% 1-year accuracy 3 / 5 met price target | 3%upside $120 | Market Perform Maintained | 4 Dec 2024 |
RBC Capital Paul Treiber 94% 1-year accuracy 17 / 18 met price target | 14%upside $133 | Outperform Maintained | 29 Nov 2024 |
Barclays Raimo Lenschow 59% 1-year accuracy 48 / 82 met price target | 7%upside $125 | Equal-Weight Upgraded | 15 Nov 2024 |
Financial journalist opinion
Based on 5 articles about DSGX published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
Descartes Sets Date to Announce Fiscal 2025 Fourth Quarter and Year-End Financial Results
WATERLOO, Ontario and ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its fiscal 2024 fourth-quarter and year-end financial results after market close on Wednesday, March 5, 2025.
Neutral
CNBC Television
1 day ago
Fast Money: GOOGL, CAT, EQT, DSGX
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Neutral
GlobeNewsWire
2 weeks ago
Descartes Study: 74% of Supply Chain Leaders See Technology as Key to Growth Amid Rising Global Trade Complexities
Global Trade Intelligence and Global Trade Analytics are Top Technologies Expected to Deliver Business Value ATLANTA and LONDON, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from its study What Companies are Doing to Tackle Escalating Global Supply Chain Challenges. The study shows that 74% of the supply chain and logistics leaders surveyed view technology as fundamental or highly important to their organization's growth strategy in the face of rising global trade challenges, such as tariffs and trade barriers, supply chain disruptions and geopolitical instability.
Positive
Zacks Investment Research
3 weeks ago
Descartes' Aljex TMS Chosen by Giltner to Streamline AR & Payments
Giltner Logistics will use DSGX Aljex TMS with Upwell's AR technology to streamline AR workflows, accelerate payment cycles and boost cash flow management.
Neutral
GlobeNewsWire
3 weeks ago
Giltner Logistics Accelerates Payments with Integration Between Upwell Accounts Receivable Solution and Descartes Aljex™
ATLANTA, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Giltner Logistics, a leading asset-backed third-party logistics provider (3PL), is streamlining its accounts receivable workflow, accelerating payment cycles and enhancing cash flow management using the Descartes Aljex™ transportation management system (TMS) integrated with Upwell's advanced accounts receivable (AR) technology.
Positive
Seeking Alpha
1 month 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
1 month 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
1 month 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
2 months 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
2 months 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.
Charts implemented using Lightweight Charts™