Equities Analysts Offer Predictions for The Descartes Systems Group Inc.'s Q1 2025 Earnings (NASDAQ:DSGX)

The Descartes Systems Group Inc. (NASDAQ:DSGX - Free Report) TSE: DSG - Equities research analysts at William Blair issued their Q1 2025 EPS estimates for shares of The Descartes Systems Group in a research report issued on Monday, April 1st. William Blair analyst D. Becker anticipates that the technology company will post earnings of $0.42 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 $1.58 per share. William Blair also issued estimates for The Descartes Systems Group's Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.45 EPS, Q4 2025 earnings at $0.48 EPS, FY2025 earnings at $1.80 EPS and FY2026 earnings at $2.09 EPS.

The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG last released its quarterly earnings data on Wednesday, March 6th. The technology company reported $0.37 EPS for the quarter, beating the consensus estimate 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 net margin of 20.23% and a return on equity of 9.80%. The Descartes Systems Group's quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.34 earnings per share.

A number of other research firms have also recently weighed in on DSGX. TD Securities boosted their price objective on shares of The Descartes Systems Group from $95.00 to $110.00 and gave the company a "buy" rating in a research report on Thursday, March 7th. BMO Capital Markets boosted their target price on The Descartes Systems Group from $88.00 to $94.00 and gave the company a "market perform" rating in a research report on Thursday, March 7th. Wolfe Research upgraded The Descartes Systems Group from a "peer perform" rating to an "outperform" rating and set a $95.00 price target on the stock in a report on Wednesday, January 10th. Barclays boosted their price objective on The Descartes Systems Group from $71.00 to $75.00 and gave the company an "underweight" rating in a report on Tuesday, February 20th. Finally, Raymond James increased their target price on The Descartes Systems Group from $84.00 to $94.00 and gave the stock a "market perform" rating in a research note on Thursday, March 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $97.78.

The Descartes Systems Group Price Performance

Shares of The Descartes Systems Group stock traded down $0.63 on Thursday, reaching $89.21. The company had a trading volume of 85,573 shares, compared to its average volume of 145,378. The firm has a market cap of $7.59 billion, a price-to-earnings ratio of 66.57 and a beta of 0.94. The firm's 50-day moving average price is $89.50 and its two-hundred day moving average price is $82.48. The Descartes Systems Group has a 1 year low of $69.59 and a 1 year high of $94.54.

Institutional Investors Weigh In On The Descartes Systems Group

Several institutional investors have recently bought and sold shares of DSGX. Brown Brothers Harriman & Co. acquired a new position in shares of The Descartes Systems Group during the fourth quarter valued at about $27,000. Captrust Financial Advisors raised its holdings in shares of The Descartes Systems Group by 270.8% in the second quarter. Captrust Financial Advisors now owns 445 shares of the technology company's stock worth $28,000 after buying an additional 325 shares during the last quarter. Fred Alger Management LLC acquired a new stake in shares of The Descartes Systems Group during the third quarter worth $30,000. Accent Capital Management LLC purchased a new stake in shares of The Descartes Systems Group during the fourth quarter valued at $32,000. Finally, Operose Advisors LLC purchased a new stake in shares of The Descartes Systems Group during the third quarter valued at $35,000. 77.73% of the stock is currently owned by institutional investors and hedge funds.

About The Descartes Systems Group

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.