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Descartes (DSG-T)
TSE:DSG
144.65
3.31
(2.24%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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Weekly 52-Week Low (or 52-Week High): BDT-T, BN-T, YES-X, SPB-T and More 52-Week Highs and Lows (Oct 09-15)Markets fade, yields and gold shine11 Hot Canadian AI Stocks to Buy (2023)This summary was created by AI, based on 6 opinions in the last 12 months.
Descartes is a software company with a strong history of value creation and a focus on supply chain logistics and tracking solutions. It has a global presence and owns a lot of intellectual property. The company is consistently profitable and well-capitalized, with a strong cash position and no debt. It is seen as a clear winner in the e-commerce and logistics space, with lots of room for growth and opportunities for cross-selling. The stock, while not cheap, is viewed as a good long-term investment due to its strong track record and high margins.
$134.230
Unknown
Yes, but it's also about international trade, so it could sell off again. But if you pull up the 5-10 year chart, it's a thing of beauty, and that's what you're trying to invest in. Exceptionally well managed, steady compounder. Always looks expensive, but whenever you buy it seems to be up 15-20% a year later. This dip is a great time to buy.
They run a phenomenal business, very profitable, but the stock is never cheap, at 29-30s PE. Super track record.
Software business that has strong history of value creation. Does not compare to Constellation Software, however is a good business. High margins with strong cash flow.
Supply chain logistics and tracking solutions. Global, large. Owns a lot of IP, able to leverage it globally. Good story. Really consistent operators. No dividend.
Really likes this whole segment of e-commerce and logistics. A very clear winner in the space. Lots of acquisitions. Buys intellectual property, brings it in-house, rebrands and sells it. Cross-selling opportunities are pretty phenomenal.
Lots of room to grow. Pressure from higher interest rates will push companies to automate. As global trade unwinds, in a good position to help clients with complex logistics.
Revenues would have been $3.9 million higher used last year's FX rates or $1.7 million higher if we'd used last quarter's FX rates.
At the end of the quarter, had $189 million in cash, and we're debt-free with an undrawn $350 million line of credit.
Remains well capitalized, cash-generating, debt-free and ready to continue to invest in business.
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Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Benefiting from supply-chain complexities. Continues to execute on acquisitions. Strong free cash flow and cash balance. Valuation more attractive than peers. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Relatively well priced than its peers. It is currently acting very well. Business is good although it has been caught up with some tech sell offs. DSG focuses on logistics. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has no debt, excess cash and good growth. They just reported a solid quarter with an EPS 21% better than estimates. Valuation is still below some software stocks. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has solid earnings growth with further growth expected. Prefers to let winners run and sees no reason to change weighting unless it is to rebalance portfolio weightings. Unlock Premium - Try 5i Free
Descartes(DSG-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 3
Descartes(DSG-T) Frequently Asked Questions
What is Descartes stock symbol?
Descartes is a Canadian stock, trading under the symbol DSG-T on the Toronto Stock Exchange (DSG-CT). It is usually referred to as TSX:DSG or DSG-T
Is Descartes a buy or a sell?
In the last year, 3 stock analysts published opinions about DSG-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Descartes.
Is Descartes a good investment or a top pick?
Descartes was recommended as a Top Pick by on . Read the latest stock experts ratings for Descartes.
Why is Descartes stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Descartes worth watching?
3 stock analysts on Stockchase covered Descartes In the last year. It is a trending stock that is worth watching.
What is Descartes stock price?
On 2024-10-31, Descartes (DSG-T) stock closed at a price of $144.65.
Digital logistics. Almost fully priced. Don't buy here, but look under $127-128, $131, and then $134. Wait.
(Analysts’ price target is $141.50)