The Descartes Systems Group (DSGX) Projected to Post Earnings on Thursday

Key Points

• Descartes Systems Group is expected to report Q2 fiscal 2027 results after market close on September 10, 2026. Analysts anticipate earnings of $0.57 per share and revenue of approximately $197.7 million.
• In its latest quarter, the company earned $0.55 per share, beating estimates by $0.03, while revenue rose 14.7% year over year to $166.96 million.
• The stock recently opened at $78.49, with analysts maintaining a consensus “Moderate Buy” rating and an average price target of $102.54; institutional investors own 77.73% of outstanding shares.

The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG is expected to be releasing its Q2 2027 results after the market closes on Thursday, September 10th. Analysts expect the company to announce earnings of $0.57 per share and revenue of $197.6880 million for the quarter. Individuals are encouraged to explore the company's upcoming Q2 2027 earning report for the latest details on the call scheduled for Thursday, September 10, 2026 at 5:30 PM ET.

The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG last issued its earnings results on Wednesday, June 3rd. The technology company reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.03. The Descartes Systems Group had a return on equity of 11.17% and a net margin of 23.35%.The company had revenue of $166.96 million for the quarter, compared to analyst estimates of $193.57 million. During the same period in the prior year, the firm earned $0.41 earnings per share. The Descartes Systems Group's revenue for the quarter was up 14.7% on a year-over-year basis. On average, analysts expect The Descartes Systems Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

The Descartes Systems Group Stock Down 2.4%

Shares of DSGX opened at $78.49 on Thursday. The business's fifty day moving average is $74.77 and its 200 day moving average is $72.08. The Descartes Systems Group has a 12-month low of $62.56 and a 12-month high of $109.00. The stock has a market cap of $6.71 billion, a P/E ratio of 39.24 and a beta of 0.62.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DSGX. Quarry LP purchased a new stake in shares of The Descartes Systems Group in the third quarter worth about $27,000. Danske Bank A S bought a new stake in The Descartes Systems Group during the third quarter valued at $34,000. Measured Wealth Private Client Group LLC bought a new stake in The Descartes Systems Group during the third quarter valued at $40,000. Caitong International Asset Management Co. Ltd grew its position in The Descartes Systems Group by 267.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the technology company's stock worth $52,000 after buying an additional 401 shares in the last quarter. Finally, Employees Retirement System of Texas grew its position in The Descartes Systems Group by 60.2% during the third quarter. Employees Retirement System of Texas now owns 1,070 shares of the technology company's stock worth $101,000 after buying an additional 402 shares in the last quarter. Institutional investors own 77.73% of the company's stock.

Analyst Ratings Changes

DSGX has been the topic of a number of recent research reports. Loop Capital reaffirmed a "buy" rating and issued a $96.00 price objective on shares of The Descartes Systems Group in a research note on Thursday, June 4th. Canadian Imperial Bank of Commerce upped their target price on shares of The Descartes Systems Group from $116.00 to $118.00 and gave the stock an "outperformer" rating in a report on Thursday, June 4th. Weiss Ratings raised shares of The Descartes Systems Group from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, July 21st. Raymond James Financial cut their price target on The Descartes Systems Group from $118.00 to $108.00 and set an "outperform" rating for the company in a research note on Thursday, June 4th. Finally, National Bank Financial set a $95.00 price objective on The Descartes Systems Group and gave the stock an "outperform" rating in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, The Descartes Systems Group presently has a consensus rating of "Moderate Buy" and an average price target of $102.54.

The Descartes Systems Group Company Profile

The Descartes Systems Group Inc NASDAQ: DSGX is a global provider of cloud-based logistics and supply chain management solutions. The company's software-as-a-service platform connects and optimizes the flow of goods, information and payments across the global supply chain, helping businesses coordinate transportation, customs clearance, routing, scheduling and fleet management. Descartes' modular applications serve shippers, carriers, third-party logistics providers and regulatory authorities by enabling real-time visibility, compliance and execution across complex trade networks.

Headquartered in Waterloo, Ontario, Descartes was founded in 1981 and has grown through a combination of organic development and strategic acquisitions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source