The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) – Analysts at National Bank Financial issued their Q1 2026 EPS estimates for The Descartes Systems Group in a research report issued on Thursday, March 6th. National Bank Financial analyst J. Shao expects 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.
Several other analysts have also recently commented on the stock. StockNews.com cut shares of The Descartes Systems Group from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Stephens reduced their price objective 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. BMO Capital Markets reduced their price objective on shares of The Descartes Systems Group from $120.00 to $113.00 and set a “market perform” rating for the company in a research note on Thursday. Loop Capital started coverage on shares of The Descartes Systems Group in a research note on Tuesday, December 17th. They issued a “buy” rating and a $140.00 price objective for the company. Finally, Royal Bank of Canada cut their target price on shares of The Descartes Systems Group from $133.00 to $130.00 and set an “outperform” rating for the company in a research report on Thursday. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $120.33.
The Descartes Systems Group Stock Down 1.3 %
Shares of NASDAQ DSGX opened at $100.42 on Monday. The Descartes Systems Group has a 52 week low of $87.20 and a 52 week high of $124.31. The firm has a 50-day moving average price of $114.29 and a 200 day moving average price of $110.18. The stock has a market capitalization of $8.60 billion, a price-to-earnings ratio of 63.16 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 EPS for the quarter, meeting the consensus estimate of $0.43. The Descartes Systems Group had a net margin of 21.80% and a return on equity of 10.65%. The firm had revenue of $167.50 million during the quarter, compared to analysts’ expectations of $169.97 million.
Institutional Investors Weigh In On The Descartes Systems Group
Hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC grew its holdings in shares of The Descartes Systems Group by 20.4% during the third quarter. Jane Street Group LLC now owns 13,290 shares of the technology company’s stock worth $1,368,000 after buying an additional 2,250 shares in the last quarter. Plato Investment Management Ltd purchased a new stake in The Descartes Systems Group in the third quarter valued at approximately $2,308,000. Massachusetts Financial Services Co. MA grew its holdings in The Descartes Systems Group by 2.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 470,631 shares of the technology company’s stock valued at $48,456,000 after purchasing an additional 9,768 shares during the period. Barclays PLC grew its holdings in The Descartes Systems Group by 2.8% in the third quarter. Barclays PLC now owns 10,008 shares of the technology company’s stock valued at $1,031,000 after purchasing an additional 270 shares during the period. Finally, Canoe Financial LP purchased a new stake in The Descartes Systems Group in the fourth quarter valued at approximately $7,939,000. 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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