36.01 -0.09 (-0.25%)
After hours: 4:00PM EDT
|Bid||28.00 x 1000|
|Ask||36.13 x 1000|
|Day's Range||33.70 - 36.20|
|52 Week Range||24.35 - 47.43|
|Beta (5Y Monthly)||0.87|
|PE Ratio (TTM)||80.02|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||43.46|
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To the annoyance of some shareholders, Descartes Systems Group (TSE:DSG) shares are down a considerable 30% in the...
The surprising rebound of China freight volumes could bode well for the impact of the coronavirus epidemic on global supply chains, the CEO of Descartes Systems Group (NASDAQ: DSGX) said as the Canadian logistics technology company reported robust increases in profits and revenue in the fourth quarter."We were pleasantly surprised at how quickly the supply chains got back to full movement," CEO Edward Ryan told analysts Wednesday, citing multimodal activity on Descartes' global network in late February.China's recovery is "somewhat encouraging" for the impact of coronavirus on freight elsewhere, Ryan said. So far, Descartes' network has yet to show any troubling volume movements elsewhere linked to the epidemic, he said.But he stressed that the situation could change since uncertainties of the epidemic's impact remain significant."I don't have a crystal ball for how the coronavirus will unfold," he said.Ryan made the comments after Descartes reported net income of $11.4 million, or 13 cents per share, on $325.8 million in revenue for the fourth quarter of fiscal year 2020. The results came in slightly above analysts' expectations of 12 cents per share.Net income grew by 44% and revenue grew by 19% compared to the fourth quarter of fiscal year 2019.Descartes' prospects for the year remain solid, Ryan said. He noted that "customers will need us more than ever" with numerous challenges for supply chains, including coronavirus."We've done pretty well in these environments," he said.Ontario-based Descartes is primarily a software-as-a-service provider. It offers an array of solutions for carriers, logistics providers, shippers and government entities.The company acquired Peoplevox, a cloud-based e-commerce warehouse management provider, in February.Image Sourced from PixabaySee more from Benzinga * US, Europe Backhaul Box Rates Rise On Coronavirus * SaaS Capital Announces 3Gtms Has Acquired Portfolio Company Pacejet * Morgan Olson Hopes To Take Class 2 By Storm(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Descartes Systems (DSGX) delivered earnings and revenue surprises of 8.33% and -0.49%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?
Global Logistics Network Drives Record Revenues WATERLOO, Ontario, March 04, 2020 -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results.
NEW YORK, NY / ACCESSWIRE / March 4, 2020 / The Descartes Systems Group, Inc. (DSGX) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 4, 2020 at ...
WATERLOO, Ontario, Feb. 27, 2020 -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that.
Anyone researching The Descartes Systems Group Inc (TSE:DSG) might want to consider the historical volatility of the...
Descartes Systems (DSGX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Descartes Systems Group (DSG.TO) (DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Peoplevox, a leading provider of cloud-based ecommerce warehouse management solutions (“eWMS”). Peoplevox’s web-based eWMS and ecommerce fulfilment solutions help customers seamlessly connect to webshop front ends, translate order information into a mobile-driven pick and pack process within the warehouse and then feed parcel delivery systems for shipment execution.
The Brown Capital Management International Small Company fund has outperformed peers and its benchmark over the past three years. Its secret is focusing on a company’s revenue growth to identify winning stocks.
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that PlaceMakers, New Zealand’s leading supplier of building materials and hardware, is using the cloud-based Descartes Route Planner™ solution to centralize distribution planning operations across the country. The Bestrane Group, a Descartes ‘United by Design’ partner in New Zealand, implemented the solution to automate route planning and execution to better serve PlaceMakers’ more than 300,000 retail and trade customers.
WATERLOO, Ontario, Feb. 03, 2020 -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to.
Today we'll look at The Descartes Systems Group Inc (TSE:DSG) and reflect on its potential as an investment...
Descartes Systems Group (DSGX) provides on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses, explains Gordon Pape, editor of Internet Wealth Builder.
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Jackson, MI-based Automated Logistics Systems (ALS), a full-service freight brokerage and 3PL/managed transportation provider, is improving real-time shipment visibility and operating efficiency through the Descartes MacroPoint™ solution. “Our core focus at ALS is to deliver an epic experience to the customer with passion and energy, and technology is one of the critical elements helping us to drive this,” said Nick Schaefer, Director of Sales & Operations at ALS.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Is The Descartes Systems Group Inc (NASDAQ:DSGX) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise […]
Descartes Systems Group (NASDAQ: DSGX ) reported surges in revenue and profits in the third quarter as the Canadian logistics software firm reaped benefits of demand for data-driven solutions to navigate ...
Descartes Systems (DSGX) delivered earnings and revenue surprises of 0.00% and -0.26%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
Record Revenues and Income from Operations WATERLOO, Ontario, Dec. 04, 2019 -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its.
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]