CDNS
Price
$312.07
Change
+$0.73 (+0.23%)
Updated
Mar 28, 1:59 PM EST
25 days until earnings call
DSGX
Price
$91.69
Change
-$0.39 (-0.42%)
Updated
Mar 28, 2:02 PM EST
62 days until earnings call
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Analysis and predictions CDNS vs DSGX

Header iconCDNS vs DSGX Comparison
Open Charts CDNS vs DSGXBanner chart's image
Cadence Design Systems
Price$312.07
Change+$0.73 (+0.23%)
Volume$200
CapitalizationN/A
Descartes Systems Group
Price$91.69
Change-$0.39 (-0.42%)
Volume$1.04K
CapitalizationN/A
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CDNS vs DSGX Comparison Chart

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CDNSDaily Signal changed days agoGain/Loss if shorted
 
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DSGXDaily Signal changed days agoGain/Loss if shorted
 
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VS
CDNS vs. DSGX commentary
Mar 28, 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 StrongSell and DSGX is a Hold.

COMPARISON
Comparison
Mar 28, 2024
Stock price -- (CDNS: $311.28 vs. DSGX: $91.53)
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: 40% vs. DSGX: 35%
Market capitalization -- CDNS: $84.87B vs. DSGX: $7.83B
CDNS [@Packaged Software] is valued at $84.87B. DSGX’s [@Packaged Software] market capitalization is $7.83B. The market cap for tickers in the [@Packaged Software] industry ranges from $3.13T to $0. The average market capitalization across the [@Packaged Software] industry is $10.48B.

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, CDNS is a better buy in the long-term than DSGX.

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 3 TA indicator(s) are bullish while DSGX’s TA Score has 4 bullish TA indicator(s).

  • CDNS’s TA Score: 3 bullish, 4 bearish.
  • DSGX’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, DSGX is a better buy in the short-term than CDNS.

Price Growth

CDNS (@Packaged Software) experienced а -3.57% price change this week, while DSGX (@Packaged Software) price change was -2.09% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was -0.25%. For the same industry, the average monthly price growth was +3.14%, and the average quarterly price growth was +11.17%.

Reported Earning Dates

CDNS is expected to report earnings on Apr 22, 2024.

DSGX is expected to report earnings on May 29, 2024.

Industries' Descriptions

@Packaged Software (-0.25% 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
A.I.dvisor published
a Summary for CDNS with price predictions.
OPEN
A.I.dvisor published
a Summary for DSGX with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
CDNS($84.9B) has a higher market cap than DSGX($7.83B). CDNS has higher P/E ratio than DSGX: CDNS (81.50) vs DSGX (70.29). CDNS YTD gains are higher at: 14.308 vs. DSGX (9.541). 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
Capitalization84.9B7.83B1,084%
EBITDA1.46B214M684%
Gain YTD14.3089.541150%
P/E Ratio81.5070.29116%
Revenue4.09B527M776%
Total Cash1.14B227M502%
Total Debt764M6.15M12,415%
FUNDAMENTALS RATINGS
CDNS vs DSGX: Fundamental Ratings
CDNS
DSGX
OUTLOOK RATING
1..100
7670
VALUATION
overvalued / fair valued / undervalued
1..100
88
Overvalued
80
Overvalued
PROFIT vs RISK RATING
1..100
215
SMR RATING
1..100
2971
PRICE GROWTH RATING
1..100
1745
P/E GROWTH RATING
1..100
4159
SEASONALITY SCORE
1..100
8550

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 (80) in the Information Technology Services industry is in the same range as CDNS (88) 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 (2) in the Electronic Production Equipment industry is in the same range as DSGX (15) 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 (71) in the Information Technology Services industry. This means that CDNS’s stock grew somewhat faster than DSGX’s over the last 12 months.

CDNS's Price Growth Rating (17) in the Electronic Production Equipment industry is in the same range as DSGX (45) in the Information Technology Services industry. This means that CDNS’s stock grew similarly to DSGX’s over the last 12 months.

CDNS's P/E Growth Rating (41) in the Electronic Production Equipment industry is in the same range as DSGX (59) in the Information Technology Services industry. This means that CDNS’s stock grew similarly to DSGX’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CDNSDSGX
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bearish Trend 2 days ago
57%
Bearish Trend 2 days ago
44%
Momentum
ODDS (%)
Bullish Trend 2 days ago
83%
Bearish Trend 2 days ago
50%
MACD
ODDS (%)
Bearish Trend 2 days ago
57%
Bearish Trend 2 days ago
44%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
55%
Bearish Trend 2 days ago
50%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
76%
Bullish Trend 2 days ago
64%
Advances
ODDS (%)
Bullish Trend 8 days ago
77%
Bullish Trend 17 days ago
63%
Declines
ODDS (%)
Bearish Trend 2 days ago
54%
Bearish Trend 4 days ago
48%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
56%
Bearish Trend 2 days ago
68%
Aroon
ODDS (%)
Bullish Trend 2 days ago
75%
Bullish Trend 2 days ago
61%
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CDNSDaily Signal changed days agoGain/Loss if shorted
 
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DSGXDaily Signal changed days agoGain/Loss if shorted
 
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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%
-1.47%
SNPS - CDNS
87%
Closely correlated
-1.88%
NOW - CDNS
68%
Closely correlated
-2.51%
ADBE - CDNS
59%
Loosely correlated
-0.57%
INTU - CDNS
55%
Loosely correlated
+1.36%
MSFT - CDNS
55%
Loosely correlated
-0.04%
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 61% 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%
-0.35%
NOW - DSGX
61%
Loosely correlated
-2.51%
INTU - DSGX
56%
Loosely correlated
+1.36%
PTC - DSGX
54%
Loosely correlated
-0.15%
OTEX - DSGX
53%
Loosely correlated
-1.47%
CDNS - DSGX
53%
Loosely correlated
-1.47%
More