National Bank Financial Estimates DSGX Q2 Earnings

The Descartes Systems Group Inc. (NASDAQ:DSGX - Free Report) TSE: DSG - Equities research analysts at National Bank Financial decreased their Q2 2026 earnings per share (EPS) estimates for The Descartes Systems Group in a note issued to investors on Thursday, June 5th. National Bank Financial analyst J. Shao now forecasts that the technology company will post earnings per share of $0.42 for the quarter, down from their previous forecast of $0.49. 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 Q3 2026 earnings at $0.47 EPS and Q4 2026 earnings at $0.49 EPS.

The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG last announced its quarterly earnings data on Wednesday, June 4th. The technology company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.05). The Descartes Systems Group had a return on equity of 10.65% and a net margin of 21.80%. The firm had revenue of $168.74 million for the quarter, compared to the consensus estimate of $169.60 million. During the same quarter last year, the business earned $0.40 earnings per share. The business's revenue for the quarter was up 11.5% compared to the same quarter last year.

Other equities analysts have also recently issued reports about the company. Royal Bank of Canada reduced their price objective on The Descartes Systems Group from $130.00 to $126.00 and set an "outperform" rating on the stock in a research note on Thursday. CIBC dropped their target price on The Descartes Systems Group from $128.00 to $127.00 and set an "outperform" rating on the stock in a research report on Thursday, March 6th. BMO Capital Markets dropped their target price on The Descartes Systems Group from $120.00 to $113.00 and set a "market perform" rating on the stock in a research report on Thursday, March 6th. Barclays dropped their target price on The Descartes Systems Group from $118.00 to $108.00 and set an "equal weight" rating on the stock in a research report on Thursday. Finally, Stephens dropped their target price on The Descartes Systems Group from $137.00 to $125.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $123.40.

The Descartes Systems Group Price Performance

Shares of DSGX opened at $102.25 on Monday. The business's fifty day moving average price is $106.95 and its 200 day moving average price is $110.62. The Descartes Systems Group has a 12-month low of $90.61 and a 12-month high of $124.31. The stock has a market capitalization of $8.75 billion, a PE ratio of 64.31 and a beta of 0.87.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. NBC Securities Inc. acquired a new position in shares of The Descartes Systems Group during the first quarter valued at $25,000. Mather Group LLC. increased its holdings in shares of The Descartes Systems Group by 301.7% during the fourth quarter. Mather Group LLC. now owns 241 shares of the technology company's stock valued at $27,000 after purchasing an additional 181 shares during the period. GeoWealth Management LLC grew its holdings in The Descartes Systems Group by 63.2% during the fourth quarter. GeoWealth Management LLC now owns 341 shares of the technology company's stock worth $39,000 after acquiring an additional 132 shares during the period. SBI Securities Co. Ltd. acquired a new position in The Descartes Systems Group during the fourth quarter worth about $43,000. Finally, Cullen Frost Bankers Inc. acquired a new position in The Descartes Systems Group during the first quarter worth about $49,000. 77.73% of the stock is owned by institutional investors and hedge funds.

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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