Q2 results that were slightly above consensus expectations have Industrial Alliance Securities analyst Blair Abernethy feeling a little more bullish about Descartes Systems Group (TSX:DSG, Nasdaq:DSGX), but the analyst isn’t quite yet ready to pull the trigger on the stock. On Wednesday, Descartes reported its Q2, 2018 results. The company earned (U.S.) $7.15-million on revenue […]

A quarter that was in-line with consensus estimates has Haywood analyst Pardeep Sangha maintaining his view that Descartes Systems Group (TSX:DSG, Nasdaq:DSGX) is a pass right now. Yesterday, Descartes reported its Q1, 2017 results. The company earned (U.S.) $6.88-million on revenue of $54.5-million, a topline that was up 11 per cent from the $48.9-million it […]

Industrial Alliance Securities analyst Blair Abernethy says that after attending the company’s annual user conference he feels positive about Descartes Systems Group (TSX:DSG, Nasadaq:DSGX), but cautions that this is not a year the Waterloo company will be shaking things up. In a research update to clients today, Abernethy maintained his “Hold” rating and one-year price […]

A new acquisition has Haywood analyst Pardeep Sangha feeling a little more bullish about Descartes Systems Group (TSX:DSG, Nasdaq:DSGX). On December 23, Descartes announced it had acquired Miami, Florida-based trade data company Datamyne for (U.S.) $52.7-million in cash. “Datamyne broadens our trade data content footprint beyond customs and regulatory data and into logistics trade data,” […]

Haywood analyst Pardeep Sangha says Descartes Systems Group’s (TSX:DSG, NASDAQ:DSGX) most recent quarter was in-line with his expectations, but thinks the company is facing currency headwinds that could dampen its revenue growth in the near term. On Wednesday, Descartes reported its Q3, 2017 results. The company earned (U.S.) $5.93-million on revenue of $51.5-million, a nine […]

Weaker U.S. rail and freight indexes are tempering Descartes Systems Group’s (TSX:DSG, Nasdaq:DSGX) progress in retail and it potential for accretive acquisitions, says Industrial Alliance Securities analyst Blair Abernethy. On Wednesday, November 30, after market close, Descartes will report its Q3, 2017 results. Abernethy says he is expecting that Descartes will generate EBITDA of $17.4-million […]

Descartes Systems Group’s (TSX:DSG) tuck-in acquisition of Apterra is a solid pickup, says Cantor Fitzgerald Canada analyst Ralph Garcea. This morning, Descartes announced it had acquired the U.S.-based Apterra, a provider of cloud-based business-to-business supply chain integration solutions for (U.S.) $5.8-million. An earn out based on revenue target could hike the price by as much […]

A record quarter for Descartes Systems Group (TSX:DSG, Nasdaq:DSGX) has Cantor Fitzgerald Canada analyst Ralph Garcea raising his price target on the stock. Yesterday, Descartes reported its Q2, 2016 results. The company earned (U.S.) $5.77-million on record revenue of $50.5-million, a topline that was up 12 per cent from the $45.2-million the company reported in […]

It’s had a strong multi-year run on the back of ever-improving results, but Industrial Alliance Securities analyst Blair Abernethy says it’s time for a breather on Descartes Systems Group (TSX:DSG, Nasdaq:DSGX). On Thursday, September 8, before market open, Descartes will report its Q2, 2017 results. Abernethy expects the company will generate EBITDA of $16.7-million on […]