David Anderson - Descartes Systems Independent Director

DSGX Stock  USD 92.08  0.32  0.35%   

Director

Dr. David L. Anderson, Ph.D., is Independent Director of The Descartes Systems Group Inc. Since 2003, Mr. Anderson has served as managing director of Supply Chain Ventures, LLC, a VC and consulting company specializing in marketing, sales and operations software investing. Prior to founding Supply Chain Ventures, from 1990 to 2002, Mr. Anderson was a managing partner at Accenture, a global management consulting, technology services and outsourcing company where he was instrumental in building Accentures supply chain management practice in North America, Asia and Europe. Before joining Accenture, Mr. Anderson previously served as a vice president in charge of logistics consulting of Temple, Barker Sloane, Inc. and a vice president of Data Resources, Inc. . Mr. Anderson is a Fellow of the Chartered Institute of Logistics and Transport in the United Kingdom and a Member of the Supply Chain Management Professionals in the United States. Mr. Anderson serves on the board of directors of privatelyowned U.S. corporations Aiko Biotechnology and Steelwedge Software, Inc., serves as Chairman of Control Group, Inc. and as a director of Placester, Inc. and NBDnano, Inc since 2011.
Age 69
Tenure 13 years
Professional MarksPh.D
Address 120 Randall Drive, Waterloo, ON, Canada, N2V 1C6
Phone519-746-8110
Webhttps://www.descartes.com
Anderson was awarded a Bachelor of Arts degree from the University of Connecticut and a Doctor of Philosophy degree in econometrics and finance from Boston College. From December 2006 to October 2009, Mr. Anderson was a director of New Vine Logistics, Inc. . New Vine was a privatelyheld provider of fulfillment and compliance solutions for directtoconsumer winery shipments. In July 2009, Silicon Valley Bank, a senior debt holder in New Vine, foreclosed on its debt and then Inertia Beverage Group subsequently acquired all of the assets of New Vine in a public auction. On October 23, 2009 New Vine filed a voluntary petition for liquidation under Chapter 7 in the US Bankruptcy Court for the Northern District of California.

David Anderson Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Anderson against Descartes Systems stock is an integral part of due diligence when investing in Descartes Systems. David Anderson insider activity provides valuable insight into whether Descartes Systems is net buyers or sellers over its current business cycle. Note, Descartes Systems insiders must abide by specific rules, including filing SEC forms every time they buy or sell Descartes Systems'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Descartes Systems Management Efficiency

The company has return on total asset (ROA) of 0.0737 % which means that it generated a profit of $0.0737 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0992 %, meaning that it created $0.0992 on every $100 dollars invested by stockholders. Descartes Systems' management efficiency ratios could be used to measure how well Descartes Systems manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.14 in 2024. Return On Assets is likely to rise to 0.08 in 2024. At this time, Descartes Systems' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 1.1 B in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 17.3 M in 2024.
The company currently holds 6.94 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Descartes Systems has a current ratio of 1.71, which is within standard range for the sector. Debt can assist Descartes Systems until it has trouble settling it off, either with new capital or with free cash flow. So, Descartes Systems' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Descartes Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Descartes to invest in growth at high rates of return. When we think about Descartes Systems' use of debt, we should always consider it together with cash and equity.

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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. The company was incorporated in 1981 and is headquartered in Waterloo, Canada. Descartes Sys is traded on NASDAQ Exchange in the United States. Descartes Systems Group (DSGX) is traded on NASDAQ Exchange in USA. It is located in 120 Randall Drive, Waterloo, ON, Canada, N2V 1C6 and employs 27 people. Descartes Systems is listed under Application Software category by Fama And French industry classification.

Management Performance

Descartes Systems Leadership Team

Elected by the shareholders, the Descartes Systems' board of directors comprises two types of representatives: Descartes Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Descartes. The board's role is to monitor Descartes Systems' management team and ensure that shareholders' interests are well served. Descartes Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Descartes Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
BA BA, CEO Director
David Anderson, Independent Director
Scott Pagan, Pres and COO
Ed Gardner, Executive Vice President - Corporate Development
Andrew Roszko, Chief Officer
Raimond Diederik, Executive VP of Information Services
Dennis Maple, Independent Director
John Pagan, President COO
Stephen Watt, Lead Independent Director
Christopher Hewat, Director
Edward Ryan, CEO
Peter Nguyen, General Legal
Jane OHagan, Independent Director
Edward Gardner, Executive Development
Christopher Jones, Industry Marketing
CBV CA, Chief Officer
Allan Brett, Director
Michael Verhoeve, Executive Vice President - Legal, General Counsel and Corporate Secretary
John Walker, Independent Director
Maija Michell, Senior Resources
Edward BA, CEO Director
Kenneth Wood, Executive Vice President - Product Management
Eric Demirian, Independent Director
Robert Parker, Executive Vice President - Customer Support and Client Services
Chris Jones, Executive Vice President - Marketing & Services
David Beatson, Independent Director
Deborah Close, Independent Director

Descartes Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Descartes Systems a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Descartes Systems Investors Sentiment

The influence of Descartes Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Descartes. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Descartes Systems' public news can be used to forecast risks associated with an investment in Descartes. The trend in average sentiment can be used to explain how an investor holding Descartes can time the market purely based on public headlines and social activities around Descartes Systems Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Descartes Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Descartes Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Descartes Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Descartes Systems.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Descartes Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Descartes Systems' short interest history, or implied volatility extrapolated from Descartes Systems options trading.

Pair Trading with Descartes Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Descartes Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Descartes Systems will appreciate offsetting losses from the drop in the long position's value.

Moving against Descartes Stock

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The ability to find closely correlated positions to Descartes Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Descartes Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Descartes Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Descartes Systems Group to buy it.
The correlation of Descartes Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Descartes Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Descartes Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Descartes Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Descartes Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Descartes Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Descartes Systems Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Descartes Systems Group Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Descartes Systems information on this page should be used as a complementary analysis to other Descartes Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Descartes Stock analysis

When running Descartes Systems' price analysis, check to measure Descartes Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Descartes Systems is operating at the current time. Most of Descartes Systems' value examination focuses on studying past and present price action to predict the probability of Descartes Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Descartes Systems' price. Additionally, you may evaluate how the addition of Descartes Systems to your portfolios can decrease your overall portfolio volatility.
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Is Descartes Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Descartes Systems. If investors know Descartes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Descartes Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.088
Earnings Share
1.31
Revenue Per Share
6.735
Quarterly Revenue Growth
0.184
Return On Assets
0.0737
The market value of Descartes Systems is measured differently than its book value, which is the value of Descartes that is recorded on the company's balance sheet. Investors also form their own opinion of Descartes Systems' value that differs from its market value or its book value, called intrinsic value, which is Descartes Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Descartes Systems' market value can be influenced by many factors that don't directly affect Descartes Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Descartes Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Descartes Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Descartes Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.