CDNS
Price
$274.13
Change
-$0.10 (-0.04%)
Updated
Sep 27 closing price
23 days until earnings call
DSGX
Price
$102.18
Change
-$2.72 (-2.59%)
Updated
Sep 27 closing price
67 days until earnings call
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CDNS vs DSGX

Header iconCDNS vs DSGX Comparison
Open Charts CDNS vs DSGXBanner chart's image
Cadence Design Systems
Price$274.13
Change-$0.10 (-0.04%)
Volume$1.18M
CapitalizationN/A
Descartes Systems Group
Price$102.18
Change-$2.72 (-2.59%)
Volume$128.65K
CapitalizationN/A
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CDNS vs DSGX Comparison Chart
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CDNS
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
DSGX
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
CDNS vs. DSGX commentary
Sep 29, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CDNS is a Hold and DSGX is a StrongBuy.

COMPARISON
Comparison
Sep 29, 2024
Stock price -- (CDNS: $256.28 vs. DSGX: $99.64)
Brand notoriety: CDNS and DSGX are both not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: CDNS: 97% vs. DSGX: 89%
Market capitalization -- CDNS: $85.08B vs. DSGX: $7.95B
CDNS [@Packaged Software] is valued at $85.08B. DSGX’s [@Packaged Software] market capitalization is $7.95B. The market cap for tickers in the [@Packaged Software] industry ranges from $3.15T to $0. The average market capitalization across the [@Packaged Software] industry is $10.81B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CDNS’s FA Score shows that 2 FA rating(s) are green whileDSGX’s FA Score has 1 green FA rating(s).

  • CDNS’s FA Score: 2 green, 3 red.
  • DSGX’s FA Score: 1 green, 4 red.
According to our system of comparison, DSGX is a better buy in the long-term than CDNS.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CDNS’s TA Score shows that 4 TA indicator(s) are bullish while DSGX’s TA Score has 5 bullish TA indicator(s).

  • CDNS’s TA Score: 4 bullish, 3 bearish.
  • DSGX’s TA Score: 5 bullish, 4 bearish.
According to our system of comparison, both CDNS and DSGX are a good buy in the short-term.

Price Growth

CDNS (@Packaged Software) experienced а -4.70% price change this week, while DSGX (@Packaged Software) price change was -1.81% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +1.25%. For the same industry, the average monthly price growth was +2.09%, and the average quarterly price growth was -2.89%.

Reported Earning Dates

CDNS is expected to report earnings on Oct 21, 2024.

DSGX is expected to report earnings on Dec 04, 2024.

Industries' Descriptions

@Packaged Software (+1.25% weekly)

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

SUMMARIES
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FUNDAMENTALS
Fundamentals
CDNS($85.1B) has a higher market cap than DSGX($7.95B). CDNS has higher P/E ratio than DSGX: CDNS (81.70) vs DSGX (71.01). DSGX YTD gains are higher at: 18.534 vs. CDNS (-5.907). CDNS has higher annual earnings (EBITDA): 1.46B vs. DSGX (214M). CDNS has more cash in the bank: 1.14B vs. DSGX (227M). DSGX has less debt than CDNS: DSGX (6.15M) vs CDNS (764M). CDNS has higher revenues than DSGX: CDNS (4.09B) vs DSGX (527M).
CDNSDSGXCDNS / DSGX
Capitalization85.1B7.95B1,070%
EBITDA1.46B214M684%
Gain YTD-5.90718.534-32%
P/E Ratio81.7071.01115%
Revenue4.09B527M776%
Total Cash1.14B227M502%
Total Debt764M6.15M12,415%
FUNDAMENTALS RATINGS
CDNS vs DSGX: Fundamental Ratings
CDNS
DSGX
OUTLOOK RATING
1..100
1722
VALUATION
overvalued / fair valued / undervalued
1..100
83
Overvalued
77
Overvalued
PROFIT vs RISK RATING
1..100
714
SMR RATING
1..100
2970
PRICE GROWTH RATING
1..100
5245
P/E GROWTH RATING
1..100
5337
SEASONALITY SCORE
1..100
n/a50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

DSGX's Valuation (77) in the Information Technology Services industry is in the same range as CDNS (83) in the Electronic Production Equipment industry. This means that DSGX’s stock grew similarly to CDNS’s over the last 12 months.

CDNS's Profit vs Risk Rating (7) in the Electronic Production Equipment industry is in the same range as DSGX (14) in the Information Technology Services industry. This means that CDNS’s stock grew similarly to DSGX’s over the last 12 months.

CDNS's SMR Rating (29) in the Electronic Production Equipment industry is somewhat better than the same rating for DSGX (70) in the Information Technology Services industry. This means that CDNS’s stock grew somewhat faster than DSGX’s over the last 12 months.

DSGX's Price Growth Rating (45) in the Information Technology Services industry is in the same range as CDNS (52) in the Electronic Production Equipment industry. This means that DSGX’s stock grew similarly to CDNS’s over the last 12 months.

DSGX's P/E Growth Rating (37) in the Information Technology Services industry is in the same range as CDNS (53) in the Electronic Production Equipment industry. This means that DSGX’s stock grew similarly to CDNS’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CDNSDSGX
RSI
ODDS (%)
Bullish Trend about 1 month ago
0%
N/A
Stochastic
ODDS (%)
Bearish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
Momentum
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
MACD
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendWeek
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendMonth
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Advances
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Declines
ODDS (%)
Bearish Trend about 2 months ago
0%
Bearish Trend about 2 months ago
0%
BollingerBands
ODDS (%)
N/A
Bullish Trend about 1 month ago
0%
Aroon
ODDS (%)
Bearish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
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CDNS
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
DSGX
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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CDNS and

Correlation & Price change

A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDNS jumps, then SNPS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CDNS
1D Price
Change %
CDNS100%
-4.70%
SNPS - CDNS
87%
Closely correlated
-7.38%
PDFS - CDNS
63%
Loosely correlated
-7.39%
ADSK - CDNS
60%
Loosely correlated
-0.22%
ANSS - CDNS
54%
Loosely correlated
-3.86%
DSGX - CDNS
54%
Loosely correlated
-1.24%
More

DSGX and

Correlation & Price change

A.I.dvisor indicates that over the last year, DSGX has been loosely correlated with NOW. These tickers have moved in lockstep 59% of the time. This A.I.-generated data suggests there is some statistical probability that if DSGX jumps, then NOW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DSGX
1D Price
Change %
DSGX100%
-1.24%
NOW - DSGX
59%
Loosely correlated
-2.24%
INTU - DSGX
57%
Loosely correlated
-0.86%
PTC - DSGX
56%
Loosely correlated
-3.05%
SNPS - DSGX
54%
Loosely correlated
-7.38%
SAP - DSGX
54%
Loosely correlated
-1.47%
More