Descartes Systems Group Inc [NASDAQ: DSGX] jumped around 0.81 points on Friday, while shares priced at $115.85 at the close of the session, up 0.70%.
Compared to the average trading volume of 196.59K shares, DSGX reached a trading volume of 258738 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Descartes Systems Group Inc [DSGX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DSGX shares is $129.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DSGX stock is a recommendation set at 1.88. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Loop Capital have made an estimate for Descartes Systems Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 17, 2024. While these analysts kept the previous recommendation, Barclays dropped their target price from $88 to $125. The new note on the price target was released on November 15, 2024, representing the official price target for Descartes Systems Group Inc stock. Previously, the target price had yet another raise to $90, while Redburn Atlantic analysts kept a Neutral rating on DSGX stock. On April 16, 2024, analysts increased their price target for DSGX shares from 96.50 to 101.
The Average True Range (ATR) for Descartes Systems Group Inc is set at 2.12, with the Price to Sales ratio for DSGX stock in the period of the last 12 months amounting to 15.69. The Price to Book ratio for the last quarter was 7.31, with the Price to Cash per share for the same quarter was set at 2.12. Price to Free Cash Flow for DSGX in the course of the last twelve months was 48.53 with Quick ratio for the last quarter at 1.34.
How has DSGX stock performed recently?
Descartes Systems Group Inc [DSGX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.02. With this latest performance, DSGX shares dropped by -2.87% in over the last four-week period, additionally plugging by 17.52% over the last 6 months – not to mention a rise of 37.82% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DSGX stock in for the last two-week period is set at 55.12, with the RSI for the last a single of trading hit 59.38, and the three-weeks RSI is set at 54.27 for Descartes Systems Group Inc [DSGX]. The present Moving Average for the last 50 days of trading for this stock 115.32, while it was recorded at 113.87 for the last single week of trading, and 102.42 for the last 200 days.
Descartes Systems Group Inc [DSGX]: Deeper insight into the fundamentals
Descartes Systems Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.34 and a Current Ratio set at 1.34.
Insider trade positions for Descartes Systems Group Inc [DSGX]
There are presently around $87.62%, or 87.64%% of DSGX stock, in the hands of institutional investors.
