The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) will likely be posting its Q1 2026 quarterly earnings results before the market opens on Wednesday, June 4th. Analysts expect The Descartes Systems Group to post earnings of $0.46 per share for the quarter.
The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) last issued its quarterly earnings data on Wednesday, March 5th. The technology company reported $0.43 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.43. The company had revenue of $167.50 million during the quarter, compared to the consensus estimate of $169.97 million. The Descartes Systems Group had a return on equity of 10.65% and a net margin of 21.80%. On average, analysts expect The Descartes Systems Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
The Descartes Systems Group Stock Performance
Shares of DSGX stock opened at $116.93 on Wednesday. The company has a market cap of $10.01 billion, a P/E ratio of 73.54 and a beta of 0.88. The stock has a 50 day simple moving average of $105.47 and a two-hundred day simple moving average of $110.78. The Descartes Systems Group has a fifty-two week low of $89.00 and a fifty-two week high of $124.31.
Institutional Investors Weigh In On The Descartes Systems Group
Analyst Ratings Changes
A number of brokerages have weighed in on DSGX. Barclays lowered their target price on The Descartes Systems Group from $125.00 to $118.00 and set an “equal weight” rating for the company in a report on Thursday, March 6th. BMO Capital Markets lowered their target price on The Descartes Systems Group from $120.00 to $113.00 and set a “market perform” rating for the company in a report on Thursday, March 6th. Wall Street Zen downgraded The Descartes Systems Group from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Stephens lowered their target price on The Descartes Systems Group from $137.00 to $125.00 and set an “overweight” rating for the company in a report on Wednesday, April 9th. Finally, Scotiabank boosted their price objective on The Descartes Systems Group from $125.00 to $127.00 and gave the company a “sector outperform” rating in a report on Wednesday, March 26th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $122.18.
View Our Latest Stock Report on The Descartes Systems Group
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.
Recommended Stories
- Five stocks we like better than The Descartes Systems Group
- Canadian Penny Stocks: Can They Make You Rich?
- 3 Beaten-Down Stocks Trading 50% Below Their 52-Week Highs
- Quiet Period Expirations Explained
- Tesla: Why Analysts Think It Could Jump Another 47%
- There Are Different Types of Stock To Invest In
- Microsoft’s Outlook Brightens as Analysts Boost Bullish Ratings
Receive News & Ratings for The Descartes Systems Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Descartes Systems Group and related companies with MarketBeat.com's FREE daily email newsletter.