The Descartes Systems Group Inc. (NASDAQ:DSGX - Free Report) TSE: DSG - Research analysts at William Blair issued their Q1 2026 EPS estimates for shares of The Descartes Systems Group in a note issued to investors on Monday, April 1st. William Blair analyst D. Becker anticipates that the technology company will earn $0.48 per share for the quarter. William Blair has a "Outperform" rating on the stock. The consensus estimate for The Descartes Systems Group's current full-year earnings is $1.66 per share. William Blair also issued estimates for The Descartes Systems Group's Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.53 EPS and Q4 2026 earnings at $0.55 EPS.
The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG last announced its quarterly earnings results on Wednesday, March 6th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.07. The Descartes Systems Group had a return on equity of 9.80% and a net margin of 20.23%. The company had revenue of $148.20 million for the quarter, compared to the consensus estimate of $146.62 million. During the same quarter in the previous year, the business earned $0.34 EPS. The Descartes Systems Group's revenue was up 18.5% compared to the same quarter last year.
DSGX has been the subject of several other reports. StockNews.com downgraded shares of The Descartes Systems Group from a "buy" rating to a "hold" rating in a research note on Tuesday. BMO Capital Markets raised their price target on The Descartes Systems Group from $88.00 to $94.00 and gave the stock a "market perform" rating in a report on Thursday, March 7th. CIBC boosted their price target on The Descartes Systems Group from $85.00 to $95.00 and gave the stock a "neutral" rating in a research note on Thursday, March 7th. Royal Bank of Canada raised their price objective on The Descartes Systems Group from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Thursday, March 7th. Finally, Wolfe Research upgraded The Descartes Systems Group from a "peer perform" rating to an "outperform" rating and set a $95.00 target price on the stock in a research report on Wednesday, January 10th. 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 company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $97.78.
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The Descartes Systems Group Trading Down 1.1 %
Shares of DSGX stock traded down $1.00 during trading hours on Wednesday, reaching $89.84. The company's stock had a trading volume of 81,625 shares, compared to its average volume of 146,286. The firm's fifty day simple moving average is $89.50 and its 200 day simple moving average is $82.38. The stock has a market capitalization of $7.65 billion, a P/E ratio of 67.79 and a beta of 0.94. The Descartes Systems Group has a one year low of $69.59 and a one year high of $94.54.
Hedge Funds Weigh In On The Descartes Systems Group
A number of hedge funds have recently bought and sold shares of DSGX. Citigroup Inc. raised its stake in shares of The Descartes Systems Group by 218.0% during the 1st quarter. Citigroup Inc. now owns 3,813 shares of the technology company's stock worth $279,000 after buying an additional 2,614 shares during the period. PNC Financial Services Group Inc. increased its holdings in The Descartes Systems Group by 17.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,765 shares of the technology company's stock worth $788,000 after acquiring an additional 1,568 shares in the last quarter. Natixis Advisors L.P. increased its holdings in The Descartes Systems Group by 11.1% in the 1st quarter. Natixis Advisors L.P. now owns 17,167 shares of the technology company's stock worth $1,258,000 after acquiring an additional 1,721 shares in the last quarter. BlackRock Inc. lifted its holdings in The Descartes Systems Group by 6.7% during the first quarter. BlackRock Inc. now owns 235,686 shares of the technology company's stock valued at $17,266,000 after purchasing an additional 14,735 shares in the last quarter. Finally, Great West Life Assurance Co. Can lifted its holdings in The Descartes Systems Group by 3.7% during the first quarter. Great West Life Assurance Co. Can now owns 12,412 shares of the technology company's stock valued at $967,000 after purchasing an additional 444 shares in the last quarter. Hedge funds and other institutional investors own 77.73% of the company's stock.
The Descartes Systems Group Company Profile
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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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