Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Descartes Systems Group Inc (NASDAQ: DSGX) closed at $101.60 down -12.12% from its previous closing price of $115.61. In other words, the price has decreased by -$12.12 from its previous closing price. On the day, 1.48 million shares were traded.
Ratios:
For a deeper understanding of Descartes Systems Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 49.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Loop Capital on December 17, 2024, initiated with a Buy rating and assigned the stock a target price of $140.
On November 15, 2024, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $88 to $125. On May 14, 2024, Redburn Atlantic started tracking the stock assigning a Neutral rating and target price of $90.Redburn Atlantic initiated its Neutral rating on May 14, 2024, with a $90 target price.
Valuation Measures:
As of this moment, Descartes’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.33, and their Forward P/E ratio for the next fiscal year is 46.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.98 while its Price-to-Book (P/B) ratio in mrq is 6.00.
Stock Price History:
Over the past 52 weeks, DSGX has reached a high of $124.31, while it has fallen to a 52-week low of $90.55. The 50-Day Moving Average of the stock is -4.88%, while the 200-Day Moving Average is calculated to be -6.38%.
Shares Statistics:
A total of 85.78M shares are outstanding, with a floating share count of 85.04M. Insiders hold about 0.41% of the company’s shares, while institutions hold 80.35% stake in the company.
Earnings Estimates
The stock of Descartes Systems Group Inc (DSGX) is currently in the spotlight, with 3.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.64, with high estimates of $0.7 and low estimates of $0.59.
Analysts are recommending an EPS of between $2.78 and $1.95 for the fiscal current year, implying an average EPS of $2.35. EPS for the following year is $2.66, with 5.0 analysts recommending between $3.2 and $2.25.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $176.72M this quarter.It ranges from a high estimate of $179.4M to a low estimate of $172.6M. As of the current estimate, Descartes Systems Group Inc’s year-ago sales were $163.43MFor the next quarter, 10 analysts are estimating revenue of $183.17M. There is a high estimate of $185.91M for the next quarter, whereas the lowest estimate is $178.65M.
A total of 10 analysts have provided revenue estimates for DSGX’s current fiscal year. The highest revenue estimate was $721.1M, while the lowest revenue estimate was $704.77M, resulting in an average revenue estimate of $714.77M. In the same quarter a year ago, actual revenue was $651MBased on 12 analysts’ estimates, the company’s revenue will be $797.02M in the next fiscal year. The high estimate is $809.24M and the low estimate is $781.43M.
