The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) – Investment analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for shares of The Descartes Systems Group in a research note issued on Wednesday, December 4th. National Bank Financial analyst J. Shao now forecasts that the technology company will earn $1.65 per share for the year, down from their prior forecast of $1.70. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for The Descartes Systems Group’s current full-year earnings is $1.69 per share. National Bank Financial also issued estimates for The Descartes Systems Group’s Q4 2025 earnings at $0.43 EPS and FY2026 earnings at $1.89 EPS.
A number of other analysts have also recently issued reports on DSGX. Canaccord Genuity Group set a $108.00 price objective on The Descartes Systems Group and gave the stock a “buy” rating in a report on Thursday, September 5th. Barclays upgraded The Descartes Systems Group from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $88.00 to $125.00 in a research report on Friday, November 15th. StockNews.com lowered The Descartes Systems Group from a “buy” rating to a “hold” rating in a research report on Monday. TD Securities raised their price target on The Descartes Systems Group from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Royal Bank of Canada raised their price target on The Descartes Systems Group from $115.00 to $133.00 and gave the stock an “outperform” rating in a research report on Friday, November 29th. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, The Descartes Systems Group has an average rating of “Moderate Buy” and an average price target of $114.17.
The Descartes Systems Group Stock Performance
Shares of DSGX opened at $118.72 on Friday. The stock’s 50-day simple moving average is $109.34 and its 200 day simple moving average is $101.92. The stock has a market capitalization of $10.15 billion, a price-to-earnings ratio of 74.67 and a beta of 0.98. The Descartes Systems Group has a 52-week low of $79.21 and a 52-week high of $122.22.
The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) last posted its quarterly earnings results on Wednesday, September 4th. The technology company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.03). The firm had revenue of $163.43 million for the quarter, compared to the consensus estimate of $160.17 million. The Descartes Systems Group had a return on equity of 10.82% and a net margin of 21.80%. The firm’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.
Institutional Investors Weigh In On The Descartes Systems Group
Large investors have recently made changes to their positions in the business. Intact Investment Management Inc. bought a new stake in shares of The Descartes Systems Group in the 2nd quarter worth approximately $61,000. Blue Trust Inc. lifted its stake in shares of The Descartes Systems Group by 931.7% in the 3rd quarter. Blue Trust Inc. now owns 650 shares of the technology company’s stock valued at $63,000 after purchasing an additional 587 shares during the period. Andra AP fonden purchased a new position in shares of The Descartes Systems Group in the 2nd quarter valued at approximately $77,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of The Descartes Systems Group by 143.7% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,194 shares of the technology company’s stock valued at $116,000 after purchasing an additional 704 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of The Descartes Systems Group by 28.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,256 shares of the technology company’s stock valued at $122,000 after purchasing an additional 279 shares during the period. 77.73% of the stock is currently owned by institutional investors.
About The Descartes Systems Group
The Descartes Systems Group Inc provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services.
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