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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2.31 CAD
197.46 M CAD
897.19 M CAD
85.22 M
About DESCARTES SYSTEMS GROUP INC
Sector
Industry
CEO
Edward J. Ryan
Website
Headquarters
Waterloo
Founded
1981
FIGI
BBG000BYLGM9
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 DSG is 141.63 CAD — it has decreased by −1.01% 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 TSX exchange DESCARTES SYSTEMS GROUP INC stocks are traded under the ticker DSG.
DSG stock has fallen by −1.82% compared to the previous week, the month change is a −0.88% fall, over the last year DESCARTES SYSTEMS GROUP INC has showed a 12.75% increase.
We've gathered analysts' opinions on DESCARTES SYSTEMS GROUP INC future price: according to them, DSG price has a max estimate of 192.98 CAD and a min estimate of 149.83 CAD. Watch DSG 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 stock is 1.48% volatile and has beta coefficient of 1.29. 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 12.25 B, it has decreased by −0.30% 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 May 28, 2025. Keep track of upcoming events with our Earnings Calendar.
DSG earnings for the last quarter are 0.61 CAD per share, whereas the estimation was 0.61 CAD resulting in a 0.67% surprise. The estimated earnings for the next quarter are 0.62 CAD per share. See more details about DESCARTES SYSTEMS GROUP INC earnings.
DESCARTES SYSTEMS GROUP INC revenue for the last quarter amounts to 239.01 M CAD, despite the estimated figure of 242.27 M CAD. In the next quarter, revenue is expected to reach 241.79 M CAD.
DSG net income for the last quarter is 53.08 M CAD, while the quarter before that showed 49.92 M CAD of net income which accounts for 6.33% change. Track more DESCARTES SYSTEMS GROUP INC financial stats to get the full picture.
No, DSG 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 353.34 M CAD, and current EBITDA margin is 38.68%. See more stats in DESCARTES SYSTEMS GROUP INC financial statements.
Like other stocks, DSG 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 buy 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.