Descartes Systems Group Inc (NASDAQ: DSGX) is -11.60% lower on its value in year-to-date trading and has touched a low of $87.20 and a high of $124.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DSGX stock was last observed hovering at around $101.71 in the last trading session, with the day’s loss setting it -1.29%.
Currently trading at $100.42, the stock is -10.78% and -12.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing -1.27% at the moment leaves the stock -5.19% off its SMA200. DSGX registered 18.28% gain for a year compared to 6-month gain of 1.69%.
The stock witnessed a -14.49% loss in the last 1 month and extending the period to 3 months gives it a -13.45%, and is -9.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.79% over the week and 2.96% over the month.
Current P/E ratio is 61.21 and Fwd P/E is 44.71. Profit margin for the company is 22.01%. Distance from 52-week low is 15.16% and -19.22% from its 52-week high. The company has generated returns on investments over the last 12 months (10.31%).
with sales reaching $169.66M over the same period.The EPS is expected to grow by 16.20% this year, but quarterly earnings will post 10.37% year-over-year. Quarterly sales are estimated to grow 12.10% in year-over-year returns.
Descartes Systems Group Inc (DSGX) Top Institutional Holders
The shares outstanding are 85.61M, and float is at 85.29M with Short Float at 0.59%.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 7.29 million shares valued at $705.9 million. The investor’s holdings represent 8.5325% of the DSGX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.19 million shares valued at $309.29 million to account for 3.7385 of the shares outstanding. The other top investors are BANK OF MONTREAL /CAN/ which holds 1.55 million shares representing 1.8085% and valued at over $147.43 million, while INVESCO LTD. holds 1.6492 of the shares totaling 1.41 million with a market value of $136.44 million.
Descartes Systems Group Inc (DSGX) Insider Activity
#####
