The Descartes Systems Group (NASDAQ:DSGX) Earns Outperform Rating from William Blair

The Descartes Systems Group (NASDAQ:DSGXGet Free Report) (TSE:DSG)‘s stock had its “outperform” rating reissued by investment analysts at William Blair in a report issued on Monday, Zacks.com reports. William Blair also issued estimates for The Descartes Systems Group’s Q1 2026 earnings at $0.48 EPS, Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.53 EPS and Q4 2026 earnings at $0.55 EPS.

Other analysts have also issued research reports about the company. Wolfe Research raised The Descartes Systems Group from a “peer perform” rating to an “outperform” rating and set a $95.00 target price for the company in a report on Wednesday, January 10th. Scotiabank lifted their target price on The Descartes Systems Group from $95.00 to $100.00 and gave the stock a “sector outperform” rating in a report on Thursday, March 7th. StockNews.com lowered The Descartes Systems Group from a “buy” rating to a “hold” rating in a report on Tuesday. Royal Bank of Canada lifted their target price on The Descartes Systems Group from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Finally, CIBC lifted their target price on The Descartes Systems Group from $85.00 to $95.00 and gave the stock a “neutral” rating in a report on Thursday, March 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $97.78.

Read Our Latest Analysis on DSGX

The Descartes Systems Group Trading Down 2.3 %

Shares of NASDAQ:DSGX opened at $90.84 on Monday. The stock has a fifty day simple moving average of $89.50 and a two-hundred day simple moving average of $82.38. The stock has a market capitalization of $7.73 billion, a price-to-earnings ratio of 67.79 and a beta of 0.94. The Descartes Systems Group has a 12-month low of $69.59 and a 12-month high of $94.54.

The Descartes Systems Group (NASDAQ:DSGXGet Free Report) (TSE:DSG) last posted its earnings results on Wednesday, March 6th. The technology company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.07. The business had revenue of $148.20 million during the quarter, compared to analyst estimates of $146.62 million. The Descartes Systems Group had a return on equity of 9.80% and a net margin of 20.23%. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.34 EPS. As a group, equities research analysts predict that The Descartes Systems Group will post 1.66 EPS for the current year.

Institutional Trading of The Descartes Systems Group

Several large investors have recently modified their holdings of the company. Quadrature Capital Ltd grew its holdings in The Descartes Systems Group by 13.6% during the fourth quarter. Quadrature Capital Ltd now owns 156,000 shares of the technology company’s stock valued at $13,131,000 after purchasing an additional 18,700 shares during the period. Accent Capital Management LLC bought a new stake in The Descartes Systems Group during the fourth quarter valued at about $32,000. Vanguard Group Inc. grew its holdings in The Descartes Systems Group by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 3,096,740 shares of the technology company’s stock valued at $260,312,000 after purchasing an additional 31,078 shares during the period. Goldman Sachs Group Inc. grew its holdings in The Descartes Systems Group by 24.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 509,683 shares of the technology company’s stock valued at $42,844,000 after purchasing an additional 99,268 shares during the period. Finally, Zeno Equity Partners LLP bought a new stake in The Descartes Systems Group during the fourth quarter valued at about $11,108,000. Institutional investors own 77.73% of the company’s stock.

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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Analyst Recommendations for The Descartes Systems Group (NASDAQ:DSGX)

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