Michael Verhoeve - Descartes Systems President
DSGX Stock | USD 94.10 2.46 2.68% |
President
Mr. Michael Verhoeve is a Executive Vice President, Legal, General Counsel and Corporationrationrate Secretary of the company. Mr. Verhoeve was previously our Associate General Counsel from 1998 through to 2003, following which, from 2003 to 2014, he acted as General Counsel and Corporationrationrate Secretary at two other Canadianbased international publicly traded technology companies ATS Automation Tooling Systems Inc. and Sandvine Corporation . Mr. Verhoeve rejoined Descartes in May 2014 in his current role. since 2014.
Tenure | 10 years |
Address | 120 Randall Drive, Waterloo, ON, Canada, N2V 1C6 |
Phone | 519-746-8110 |
Web | https://www.descartes.com |
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 Tangible Assets is likely to rise to 0.17 in 2024. Return On Capital Employed is likely to rise to 0.14 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.Similar Executives
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Management Performance
Return On Equity | 0.0992 | ||||
Return On Asset | 0.0737 |
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.
Return On Equity | 0.0992 | ||||
Return On Asset | 0.0737 | ||||
Profit Margin | 0.20 % | ||||
Operating Margin | 0.30 % | ||||
Current Valuation | 7.49 B | ||||
Shares Outstanding | 85.18 M | ||||
Shares Owned By Insiders | 0.02 % | ||||
Shares Owned By Institutions | 85.54 % | ||||
Number Of Shares Shorted | 502.63 K | ||||
Price To Earning | 107.05 X |
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.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.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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 1.34 | 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.