For its third fiscal quarter (ending October 31), Descartes Systems Group Inc (NASDAQ: DSGX) has reported a 0% change in E.P.S. from $0.31 a year ago to $0.31 in the current quarter. For the latest four quarters through October 31, E.P.S. were $1.34 compared to $1.08 a year ago — an increase of 24%.
Recent Price Action
Descartes Systems Group Inc (NASDAQ: DSGX) stock closed at $81.25 on 12/5/23 after a slight decline of -0.3%. Moreover, this decline was accompanied by exceptionally high trading volume at 242% of normal. The stock is unchanged during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DSGX is expected to continue to be a Value Builder.
Descartes Systems Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Descartes Systems Group has a very low Appreciation Score of 15 but a neutral Power Rating of 55, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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