We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
DSGX's Routing Solution Adopted by Mitchell Companies: Stock to Gain?
Read MoreHide Full Article
The Descartes Systems Group Inc. (DSGX - Free Report) recently announced that Mitchell Companies, based in Mississippi, is employing its route planning and execution platform to improve customer service across six locations in three states. This initiative aims to optimize routing, as well as boost driver efficiency and increase visibility into sales and distribution activities. Descartes is presenting its routing and mobile solutions for beverage distributors at Booth 602 during the NBWA Annual Convention in San Diego, CA, from Sept. 29 to Oct. 2, 2024.
Mitchell Companies, a family-owned beverage distributor based in Meridian, MS has been operating since the 1940s. Over the years, the company has grown steadily through acquisitions and now serves customers from four locations in Mississippi, along with operations in Baltimore, MD, and Washington, DC.
Descartes’ route planning and execution platform will aid Mitchell Companies in improving its distribution efficiency. By utilizing effective route planning, food and beverage companies can discover the most efficient strategies to reduce costs and enhance customer service, allowing them to adapt their delivery networks to fluctuations in demand, new service policies and ongoing growth. Dynamic route planning optimizes daily route execution in response to changing customer needs.
The platform features a GPS-based mobile application that helps drivers navigate their routes efficiently and manage disruptions proactively. Electronic proof of delivery captures vital delivery information, streamlining the overall process. On top of it, the solution fosters sustainability by boosting route efficiency, which lowers CO2 emissions per delivery, generates fuel savings and eliminates the reliance on paper manifests and documents.
The Descartes Systems Group Inc. Price and Consensus
By implementing Descartes’ solution, Mitchell Companies has doubled its rerouting frequency, streamlining the process and eliminating the need for lengthy, resource-intensive discussions. It can now strategically realign its distribution network twice a year to improve efficiency and maintain high delivery productivity, the company highlighted. This strategy also helps lower driver turnover by establishing more predictable schedules and reducing delivery backlogs and overtime, which is essential given the current challenges in hiring and retaining Class A drivers.
Descartes’ Routing & Transportation Solutions Gain Steady Traction
Sales of global trade intelligence, routing and transportation management solutions across various business segments are driving Descartes' performance. In the second quarter of 2025, this growth resulted in an additional $7.5 million from new and existing customers.
In August 2024, DSGX announced that Brazil-based Solar Coca-Cola is utilizing its route execution and fleet performance management solution to enhance the last-mile delivery performance for more than 1,400 drivers across 44 distribution centers and 13 production facilities, covering 70% of Brazil. In the same month, Nynas AB adopted its cloud-based transportation management system solution to automate communications across the customer order lifecycle.
This increasing adoption of Descartes’ solutions is expected to boost the top line and improve financial performance in the long term and propel the stock upward.
However, uncertainty prevailing over global macroeconomic conditions, geopolitical instability and volatile supply-chain issues remain headwinds.
Based in Canada, Descartes provides software-as-a-service logistics solutions. Its platform combines a broad logistics network with extensive supply chain applications and global trade intelligence, ensuring timely and secure delivery of inventory, information, assets and people.
DSGX’s Zacks Rank & Stock Price Performance
At present, DSGX has a Zacks Rank #4 (Sell). Shares have gained 41.6% compared with the sub-industry’s growth of 33.6% in the past year.
Seagate Technology delivered an earnings surprise of 80.9%, on average, in three of the trailing four quarters. In the last reported quarter, STX pulled off an earnings surprise of 40%. The Zacks Consensus Estimate for STX’s earnings has increased 18% to $7.41 in the past 60 days.
OptimizeRx delivered an earnings surprise of 159.5%, on average, in three of the trailing four quarters. In the last reported quarter, OPRX pulled off an earnings surprise of 128.6%. The Zacks Consensus Estimate for OPRX’s earnings has increased 38.5% to 36 cents in the past 60 days.
American Software delivered an earnings surprise of 84.5%, on average, in the trailing four quarters. In the last reported quarter, AMSWA pulled off an earnings surprise of 71.4%. The Zacks Consensus Estimate for AMSWA’s earnings has increased 8.6% to 38 cents in the past 60 days.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
DSGX's Routing Solution Adopted by Mitchell Companies: Stock to Gain?
The Descartes Systems Group Inc. (DSGX - Free Report) recently announced that Mitchell Companies, based in Mississippi, is employing its route planning and execution platform to improve customer service across six locations in three states. This initiative aims to optimize routing, as well as boost driver efficiency and increase visibility into sales and distribution activities. Descartes is presenting its routing and mobile solutions for beverage distributors at Booth 602 during the NBWA Annual Convention in San Diego, CA, from Sept. 29 to Oct. 2, 2024.
Mitchell Companies, a family-owned beverage distributor based in Meridian, MS has been operating since the 1940s. Over the years, the company has grown steadily through acquisitions and now serves customers from four locations in Mississippi, along with operations in Baltimore, MD, and Washington, DC.
Descartes’ route planning and execution platform will aid Mitchell Companies in improving its distribution efficiency. By utilizing effective route planning, food and beverage companies can discover the most efficient strategies to reduce costs and enhance customer service, allowing them to adapt their delivery networks to fluctuations in demand, new service policies and ongoing growth. Dynamic route planning optimizes daily route execution in response to changing customer needs.
The platform features a GPS-based mobile application that helps drivers navigate their routes efficiently and manage disruptions proactively. Electronic proof of delivery captures vital delivery information, streamlining the overall process. On top of it, the solution fosters sustainability by boosting route efficiency, which lowers CO2 emissions per delivery, generates fuel savings and eliminates the reliance on paper manifests and documents.
The Descartes Systems Group Inc. Price and Consensus
The Descartes Systems Group Inc. price-consensus-chart | The Descartes Systems Group Inc. Quote
By implementing Descartes’ solution, Mitchell Companies has doubled its rerouting frequency, streamlining the process and eliminating the need for lengthy, resource-intensive discussions. It can now strategically realign its distribution network twice a year to improve efficiency and maintain high delivery productivity, the company highlighted. This strategy also helps lower driver turnover by establishing more predictable schedules and reducing delivery backlogs and overtime, which is essential given the current challenges in hiring and retaining Class A drivers.
Descartes’ Routing & Transportation Solutions Gain Steady Traction
Sales of global trade intelligence, routing and transportation management solutions across various business segments are driving Descartes' performance. In the second quarter of 2025, this growth resulted in an additional $7.5 million from new and existing customers.
In August 2024, DSGX announced that Brazil-based Solar Coca-Cola is utilizing its route execution and fleet performance management solution to enhance the last-mile delivery performance for more than 1,400 drivers across 44 distribution centers and 13 production facilities, covering 70% of Brazil. In the same month, Nynas AB adopted its cloud-based transportation management system solution to automate communications across the customer order lifecycle.
This increasing adoption of Descartes’ solutions is expected to boost the top line and improve financial performance in the long term and propel the stock upward.
However, uncertainty prevailing over global macroeconomic conditions, geopolitical instability and volatile supply-chain issues remain headwinds.
Based in Canada, Descartes provides software-as-a-service logistics solutions. Its platform combines a broad logistics network with extensive supply chain applications and global trade intelligence, ensuring timely and secure delivery of inventory, information, assets and people.
DSGX’s Zacks Rank & Stock Price Performance
At present, DSGX has a Zacks Rank #4 (Sell). Shares have gained 41.6% compared with the sub-industry’s growth of 33.6% in the past year.
Image Source: Zacks Investment Research
Stocks to Consider
Some better-ranked stocks from the broader technology space are Seagate Technology Holdings plc (STX - Free Report) , OptimizeRx Corporation (OPRX - Free Report) and American Software, Inc. (AMSWA - Free Report) . STX presently sports a Zacks Rank #1 (Strong Buy), whereas OPRX & AMSWA carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.
Seagate Technology delivered an earnings surprise of 80.9%, on average, in three of the trailing four quarters. In the last reported quarter, STX pulled off an earnings surprise of 40%. The Zacks Consensus Estimate for STX’s earnings has increased 18% to $7.41 in the past 60 days.
OptimizeRx delivered an earnings surprise of 159.5%, on average, in three of the trailing four quarters. In the last reported quarter, OPRX pulled off an earnings surprise of 128.6%. The Zacks Consensus Estimate for OPRX’s earnings has increased 38.5% to 36 cents in the past 60 days.
American Software delivered an earnings surprise of 84.5%, on average, in the trailing four quarters. In the last reported quarter, AMSWA pulled off an earnings surprise of 71.4%. The Zacks Consensus Estimate for AMSWA’s earnings has increased 8.6% to 38 cents in the past 60 days.