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The Descartes Systems Group Inc is currently in a long term uptrend where the price is trading 14.2% above its 200 day moving average.
From a valuation standpoint, the stock is 9.9% more expensive than other stocks from the Technology sector with a price to sales ratio of 15.0.
The Descartes Systems Group Inc's total revenue rose by 10.9% to $93M since the same quarter in the previous year.
Its net income has increased by 50.4% to $17M since the same quarter in the previous year.
Finally, its free cash flow grew by 40.3% to $36M since the same quarter in the previous year.
Based on the above factors, The Descartes Systems Group Inc gets an overall score of 4/5.
Sector | Technology |
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CurrencyCode | EUR |
Exchange | F |
Industry | Software-Application |
ISIN | CA2499061083 |
Dividend Yield | 0.0% |
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PE Ratio | 65.81 |
Market Cap | 6B |
Beta | 0.88 |
Target Price | 88.25 |
The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management business process solutions that focuses on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management applications, which unites a community of logistics-focused parties, allowing them to transact business. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; e-commerce shipping and fulfillment; customs and regulatory compliance; trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services. It offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. The company also provides cloud-based ecommerce warehouse management solutions; consulting, implementation, and training services; and maintenance and support services. It primarily focuses on serving transportation providers, logistics service providers, and distribution-intensive companies, as well as manufacturers, retailers, distributors, and mobile business service providers. The Descartes Systems Group Inc. was incorporated in 1981 and is headquartered in Waterloo, Canada.
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