Buy Descartes Systems GroupShort Term Trading Advice by Naranj Capital
Buy Descartes Systems Group
● Buy Range- 101 - 103
● Target- 108 - 110
● StopLoss- 99
● Potential Return- 6-7%
● Duration- 12-14 Trading Days
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1.59 USD
135.86 M USD
617.30 M USD
85.22 M
About DESCARTES SYSTEMS GROUP INC
Sector
Industry
CEO
Edward J. Ryan
Website
Headquarters
Waterloo
Founded
1981
FIGI
BBG000CRQW34
The Descartes Systems Group, Inc. engages in the provision of on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. It uses modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. The company was founded on May 22, 1981 and is headquartered in Waterloo, Canada.
09/07 - DSGX Earnings Review- Large areas of supply at current price from prior trough may compress price following tonight’s earnings.
- 200 SMA enveloping price from above.
- Fundamentally priced to perfection and will need to revise up to prevent price decline
- Targeting a move to $63 post earnings
The Descartes Systems Group, Inc.The Descartes Systems Group, Inc. engages in the provision of logistics technology solutions. It provides cloud-based solutions including modular and software-as-a-service to route, schedule, track, and measure delivery resources; plan, allocate and execute shipments; rate, audit, and pay transporta
VCP in a base on DSGXits my favourite pattern especially in a base on a stock that has a comp 95+
the last squeeze has offered a 6% risk for an entry, which is a sweetspot.
Main concern is that the market is a bit extended and could trigger and retreat right away...
$DSGX Shorter Base but Nice Pivot$DSGX is a shorter base with less than 2 months in length but showing good VCP characteristics and showing Earning, Sales and Margin acceleration in recent quarters. That pivot looks good.
DSH possible breakoutIt tried to break through resistance 6 times over the last few months. It did break though in August but it didn't on the MFI. This time and for the first time since July, we can see a breakout on the MFI, suggesting the price might break resistance too. I'll wait for a close above resistance before
DSGX Expect move down after earningsThis is based on my dowsing and I'm journaling these for practice.
I don't know this stock and haven't looked at the chart prior to performing my dowsing reading.
I expect a move down with new lows and get a move down of 13%.
We'll see!
DSGX SpreadDescartes Global Systems Group is facing a slowing growth trajectory that may play out for the next few weeks.
See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of DSGX is 102.33 USD — it has decreased by −0.75% in the past 24 hours. Watch The Descartes Systems Group Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange The Descartes Systems Group Inc. stocks are traded under the ticker DSGX.
DSGX stock has risen by 0.25% compared to the previous week, the month change is a 2.65% rise, over the last year The Descartes Systems Group Inc. has showed a 12.30% increase.
We've gathered analysts' opinions on The Descartes Systems Group Inc. future price: according to them, DSGX price has a max estimate of 138.14 USD and a min estimate of 107.25 USD. Watch DSGX chart and read a more detailed The Descartes Systems Group Inc. stock forecast: see what analysts think of The Descartes Systems Group Inc. and suggest that you do with its stocks.
DSGX reached its all-time high on Feb 10, 2025 with the price of 124.31 USD, and its all-time low was 0.75 USD and was reached on Jun 21, 2004. View more price dynamics on DSGX chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
DSGX stock is 1.53% volatile and has beta coefficient of 1.29. Track The Descartes Systems Group Inc. stock price on the chart and check out the list of the most volatile stocks — is The Descartes Systems Group Inc. there?
Today The Descartes Systems Group Inc. has the market capitalization of 8.75 B, it has increased by 0.61% over the last week.
Yes, you can track The Descartes Systems Group Inc. financials in yearly and quarterly reports right on TradingView.
The Descartes Systems Group Inc. is going to release the next earnings report on May 28, 2025. Keep track of upcoming events with our Earnings Calendar.
DSGX earnings for the last quarter are 0.42 USD per share, whereas the estimation was 0.42 USD resulting in a 0.67% surprise. The estimated earnings for the next quarter are 0.45 USD per share. See more details about The Descartes Systems Group Inc. earnings.
The Descartes Systems Group Inc. revenue for the last quarter amounts to 164.45 M USD, despite the estimated figure of 166.69 M USD. In the next quarter, revenue is expected to reach 174.53 M USD.
DSGX net income for the last quarter is 36.52 M USD, while the quarter before that showed 35.81 M USD of net income which accounts for 1.98% change. Track more The Descartes Systems Group Inc. financial stats to get the full picture.
No, DSGX doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. The Descartes Systems Group Inc. EBITDA is 243.11 M USD, and current EBITDA margin is 38.68%. See more stats in The Descartes Systems Group Inc. financial statements.
Like other stocks, DSGX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade The Descartes Systems Group Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So The Descartes Systems Group Inc. technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating The Descartes Systems Group Inc. stock shows the buy signal. See more of The Descartes Systems Group Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.