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
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
27.49 MXN
2.01 B MXN
9.91 B MXN
85.16 M
About DESCARTES SYSTEMS GROUP INC
Sector
Industry
CEO
Edward J. Ryan
Website
Headquarters
Waterloo
Founded
1981
FIGI
BBG012PP7Q51
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
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of DSG/N is 1,264.95 MXN — it hasn't changed in the past 24 hours. Watch DESCARTES SYSTEMS GROUP INC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BMV exchange DESCARTES SYSTEMS GROUP INC stocks are traded under the ticker DSG/N.
We've gathered analysts' opinions on DESCARTES SYSTEMS GROUP INC future price: according to them, DSG/N price has a max estimate of 2,541.89 MXN and a min estimate of 1,883.42 MXN. Watch DSG/N chart and read a more detailed DESCARTES SYSTEMS GROUP INC stock forecast: see what analysts think of DESCARTES SYSTEMS GROUP INC and suggest that you do with its stocks.
DSG/N reached its all-time high on Nov 29, 2021 with the price of 1,924.92 MXN, and its all-time low was 1,176.55 MXN and was reached on May 25, 2022. View more price dynamics on DSG/N chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
DSG/N stock is 0.00% volatile and has beta coefficient of 1.00. Track DESCARTES SYSTEMS GROUP INC stock price on the chart and check out the list of the most volatile stocks — is DESCARTES SYSTEMS GROUP INC there?
Today DESCARTES SYSTEMS GROUP INC has the market capitalization of 202.74 B, it has increased by 4.01% over the last week.
Yes, you can track DESCARTES SYSTEMS GROUP INC financials in yearly and quarterly reports right on TradingView.
DESCARTES SYSTEMS GROUP INC is going to release the next earnings report on Dec 3, 2024. Keep track of upcoming events with our Earnings Calendar.
DSG/N earnings for the last quarter are 7.29 MXN per share, whereas the estimation was 7.12 MXN resulting in a 2.40% surprise. The estimated earnings for the next quarter are 8.08 MXN per share. See more details about DESCARTES SYSTEMS GROUP INC earnings.
DESCARTES SYSTEMS GROUP INC revenue for the last quarter amounts to 2.98 B MXN, despite the estimated figure of 2.94 B MXN. In the next quarter, revenue is expected to reach 3.22 B MXN.
DSG/N net income for the last quarter is 640.63 M MXN, while the quarter before that showed 586.04 M MXN of net income which accounts for 9.32% change. Track more DESCARTES SYSTEMS GROUP INC financial stats to get the full picture.
No, DSG/N 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. DESCARTES SYSTEMS GROUP INC EBITDA is 4.63 B MXN, and current EBITDA margin is 41.03%. See more stats in DESCARTES SYSTEMS GROUP INC financial statements.
Like other stocks, DSG/N 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 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 DESCARTES SYSTEMS GROUP INC technincal analysis shows the sell 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 DESCARTES SYSTEMS GROUP INC stock shows the sell signal. See more of 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.