Descartes Systems Group Stock Today

DSGX Stock  USD 114.68  0.16  0.14%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Descartes Systems is trading at 114.68 as of the 25th of December 2024; that is 0.14 percent increase since the beginning of the trading day. The stock's open price was 114.52. Descartes Systems has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Descartes Systems's common stock.
Business Domain
Software & Services
IPO Date
26th of January 1999
Category
Technology
Classification
Information Technology
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. The company was incorporated in 1981 and is headquartered in Waterloo, Canada. The company has 85.54 M outstanding shares of which 547.34 K shares are currently shorted by private and institutional investors with about 4.71 trading days to cover. More on Descartes Systems Group

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Descartes Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorEdward BA
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.480.3886
Fairly Up
Very volatile
Gross Profit Margin0.550.7586
Way Down
Very volatile
Total Current Liabilities213.8 M203.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total35 M32.6 M
Notably Up
Pretty Stable
Total Assets1.5 B1.5 B
Sufficiently Up
Slightly volatile
Total Current Assets439.1 M418.2 M
Sufficiently Up
Slightly volatile
Debt Levels
Descartes Systems can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Descartes Systems' financial leverage. It provides some insight into what part of Descartes Systems' total assets is financed by creditors.
Liquidity
Descartes Systems Group currently holds 6.98 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Descartes Systems has a current ratio of 1.71, which is within standard range for the sector. Note, when we think about Descartes Systems' use of debt, we should always consider it together with its cash and equity.

End Period Cash Flow

337 Million
Descartes Systems Group (DSGX) is traded on NASDAQ Exchange in USA. It is located in 120 Randall Drive, Waterloo, ON, Canada, N2V 1C6 and employs 13 people. Descartes Systems is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.81 B. Descartes Systems conducts business under Software sector and is part of Information Technology industry. The entity has 85.54 M outstanding shares of which 547.34 K shares are currently shorted by private and institutional investors with about 4.71 trading days to cover. Descartes Systems Group currently holds about 189.03 M in cash with 208.47 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.23.
Check Descartes Systems Probability Of Bankruptcy
Ownership Allocation
Descartes Systems holds a total of 85.54 Million outstanding shares. The majority of Descartes Systems Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Descartes Systems to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Descartes Systems. Please pay attention to any change in the institutional holdings of Descartes Systems Group as this could imply that something significant has changed or is about to change at the company. On July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Descartes Systems's common stock.
Check Descartes Ownership Details

Descartes Stock Institutional Holders

InstituionRecorded OnShares
Bmo Capital Markets Corp.2024-09-30
1.5 M
Geneva Capital Management2024-09-30
1.5 M
Franklin Resources Inc2024-09-30
1.4 M
Amvescap Plc.2024-09-30
1.4 M
Congress Asset Management Company, Llp2024-09-30
1.2 M
Norges Bank2024-06-30
1.1 M
Td Asset Management Inc2024-09-30
871.6 K
Riverbridge Partners Llc2024-09-30
866.2 K
Lord, Abbett & Co Llc2024-09-30
672.9 K
T. Rowe Price Associates, Inc.2024-09-30
7.6 M
Durable Capital Partners Lp2024-09-30
3.5 M
View Descartes Systems Diagnostics

Descartes Systems Historical Income Statement

At this time, Descartes Systems' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 158.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 31.5 M in 2024. View More Fundamentals

Descartes Stock Against Markets

Descartes Systems Corporate Management

Raimond DiederikExecutive VP of Information ServicesProfile
BA BACEO DirectorProfile
Maija MichellSenior ResourcesProfile
Andrew RoszkoChief OfficerProfile

Additional Tools for Descartes Stock Analysis

When running Descartes Systems' price analysis, check to measure Descartes Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Descartes Systems is operating at the current time. Most of Descartes Systems' value examination focuses on studying past and present price action to predict the probability of Descartes Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Descartes Systems' price. Additionally, you may evaluate how the addition of Descartes Systems to your portfolios can decrease your overall portfolio volatility.