Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Descartes Systems Group Inc (NASDAQ: DSGX) closed at $97.92 up 1.58% from its previous closing price of $96.40. In other words, the price has increased by $1.58 from its previous closing price. On the day, 0.53 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 35.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.62. 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 59.68, and their Forward P/E ratio for the next fiscal year is 43.59. 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 12.88 while its Price-to-Book (P/B) ratio in mrq is 6.05.
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 $87.20. The 50-Day Moving Average of the stock is -13.79%, while the 200-Day Moving Average is calculated to be -7.54%.
Shares Statistics:
A total of 85.61M shares are outstanding, with a floating share count of 85.29M. Insiders hold about 0.37% of the company’s shares, while institutions hold 81.48% stake in the company.
