The Descartes Systems Group (DSGX) Projected to Post Earnings on Wednesday

The Descartes Systems Group (NASDAQ:DSGXGet 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:DSGXGet 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

An institutional investor recently raised its position in The Descartes Systems Group stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of The Descartes Systems Group Inc. (NASDAQ:DSGXFree Report) (TSE:DSG) by 1.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,618 shares of the technology company’s stock after buying an additional 660 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.06% of The Descartes Systems Group worth $5,507,000 at the end of the most recent quarter. Institutional investors and hedge funds own 77.73% of the company’s stock.

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

(Get Free Report)

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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Earnings History for The Descartes Systems Group (NASDAQ:DSGX)

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