The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) – Stock analysts at National Bank Financial issued their Q1 2026 earnings estimates for The Descartes Systems Group in a research report issued to clients and investors on Thursday, March 6th. National Bank Financial analyst J. Shao forecasts that the technology company will post earnings of $0.45 per share for the quarter. The consensus estimate for The Descartes Systems Group’s current full-year earnings is $1.64 per share. National Bank Financial also issued estimates for The Descartes Systems Group’s Q2 2026 earnings at $0.49 EPS, Q3 2026 earnings at $0.50 EPS and Q4 2026 earnings at $0.50 EPS.
Other equities research analysts have also recently issued reports about the company. TD Securities increased their price objective on The Descartes Systems Group from $115.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. StockNews.com downgraded shares of The Descartes Systems Group from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Stephens reduced their price target on shares of The Descartes Systems Group from $145.00 to $137.00 and set an “overweight” rating for the company in a research note on Thursday, March 6th. BMO Capital Markets lowered their price objective on shares of The Descartes Systems Group from $120.00 to $113.00 and set a “market perform” rating on the stock in a research report on Thursday, March 6th. Finally, Barclays cut their target price on shares of The Descartes Systems Group from $125.00 to $118.00 and set an “equal weight” rating for the company in a research report on Thursday, March 6th. 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. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.33.
The Descartes Systems Group Trading Up 1.6 %
The Descartes Systems Group stock opened at $97.92 on Monday. The Descartes Systems Group has a 12 month low of $87.20 and a 12 month high of $124.31. The stock has a fifty day simple moving average of $113.94 and a two-hundred day simple moving average of $110.22. The firm has a market cap of $8.38 billion, a price-to-earnings ratio of 61.58 and a beta of 0.99.
The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) last announced its quarterly earnings data on Wednesday, March 5th. The technology company reported $0.43 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.43. The company had revenue of $167.50 million during the quarter, compared to analyst estimates of $169.97 million. The Descartes Systems Group had a net margin of 21.80% and a return on equity of 10.65%.
Hedge Funds Weigh In On The Descartes Systems Group
Institutional investors and hedge funds have recently bought and sold shares of the stock. Mather Group LLC. raised its stake in shares of The Descartes Systems Group by 301.7% in the fourth quarter. Mather Group LLC. now owns 241 shares of the technology company’s stock worth $27,000 after buying an additional 181 shares during the period. GeoWealth Management LLC increased its holdings in The Descartes Systems Group by 63.2% in the 4th quarter. GeoWealth Management LLC now owns 341 shares of the technology company’s stock worth $39,000 after acquiring an additional 132 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in The Descartes Systems Group during the 4th quarter worth approximately $43,000. Trust Co. of Vermont purchased a new position in The Descartes Systems Group during the fourth quarter valued at approximately $54,000. Finally, Mitsubishi UFJ Trust & Banking Corp bought a new position in shares of The Descartes Systems Group in the fourth quarter worth approximately $57,000. 77.73% of the stock is currently owned by hedge funds and other institutional investors.
The Descartes Systems Group Company Profile
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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