DSGX FY2025 EPS Forecast Reduced by National Bank Financial

The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) – Research analysts at National Bank Financial decreased their FY2025 earnings estimates for shares of The Descartes Systems Group in a research report issued on Wednesday, December 4th. National Bank Financial analyst J. Shao now anticipates that the technology company will earn $1.65 per share for the year, down from their previous 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.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last announced its earnings results on Wednesday, September 4th. The technology company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.03). The Descartes Systems Group had a return on equity of 10.82% and a net margin of 21.80%. The business had revenue of $163.43 million for the quarter, compared to the consensus estimate of $160.17 million. During the same period in the prior year, the business posted $0.32 earnings per share. The firm’s revenue for the quarter was up 14.0% compared to the same quarter last year.

Several other brokerages have also recently commented on DSGX. BMO Capital Markets raised their target price on shares of The Descartes Systems Group from $104.00 to $120.00 and gave the stock a “market perform” rating in a report on Wednesday. TD Securities increased their price target on shares of The Descartes Systems Group from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday. Canaccord Genuity Group set a $108.00 price target on shares of The Descartes Systems Group and gave the stock a “buy” rating in a research report on Thursday, September 5th. Scotiabank increased their price target on shares of The Descartes Systems Group from $120.00 to $125.00 and gave the stock a “sector outperform” rating in a research report on Wednesday. Finally, Barclays upgraded shares of The Descartes Systems Group from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $88.00 to $125.00 in a research report on Friday, November 15th. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.17.

The Descartes Systems Group Trading Up 2.2 %

Shares of DSGX opened at $121.37 on Friday. The Descartes Systems Group has a 12 month low of $79.21 and a 12 month high of $122.22. The firm’s 50 day moving average is $109.73 and its 200-day moving average is $102.08. The stock has a market capitalization of $10.37 billion, a PE ratio of 76.33 and a beta of 0.98.

Hedge Funds Weigh In On The Descartes Systems Group

Several large investors have recently modified their holdings of DSGX. National Bank of Canada FI raised its stake in shares of The Descartes Systems Group by 389.8% during the third quarter. National Bank of Canada FI now owns 699,157 shares of the technology company’s stock valued at $71,911,000 after acquiring an additional 556,408 shares during the last quarter. William Blair Investment Management LLC bought a new position in The Descartes Systems Group during the second quarter worth $20,608,000. Triasima Portfolio Management inc. raised its stake in The Descartes Systems Group by 90.1% during the second quarter. Triasima Portfolio Management inc. now owns 253,849 shares of the technology company’s stock worth $24,584,000 after buying an additional 120,325 shares during the last quarter. Hantz Financial Services Inc. bought a new position in The Descartes Systems Group during the second quarter worth $10,503,000. Finally, American Century Companies Inc. raised its stake in The Descartes Systems Group by 65.4% during the second quarter. American Century Companies Inc. now owns 243,985 shares of the technology company’s stock worth $23,640,000 after buying an additional 96,431 shares during the last quarter. Institutional investors own 77.73% of the company’s stock.

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.