William Blair Analysts Lift Earnings Estimates for DSGX

The Descartes Systems Group Inc. (NASDAQ:DSGX - Free Report) TSE: DSG - Equities researchers at William Blair raised their Q4 2026 earnings per share estimates for The Descartes Systems Group in a note issued to investors on Thursday, June 5th. William Blair analyst D. Becker now anticipates that the technology company will earn $0.59 per share for the quarter, up from their previous forecast of $0.55. The consensus estimate for The Descartes Systems Group's current full-year earnings is $1.64 per share. William Blair also issued estimates for The Descartes Systems Group's Q1 2027 earnings at $0.63 EPS, Q2 2027 earnings at $0.67 EPS, Q3 2027 earnings at $0.69 EPS and Q4 2027 earnings at $0.71 EPS.

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

DSGX has been the subject of several other reports. CIBC lowered their target price on shares of The Descartes Systems Group from $128.00 to $127.00 and set an "outperform" rating for the company in a research note on Thursday, March 6th. Scotiabank upped their target price on The Descartes Systems Group from $125.00 to $127.00 and gave the company a "sector outperform" rating in a research note on Wednesday, March 26th. BMO Capital Markets reduced 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. Stephens lowered their price target on The Descartes Systems Group from $137.00 to $125.00 and set an "overweight" rating for the company in a report on Wednesday, April 9th. Finally, Royal Bank of Canada dropped their price objective on shares of The Descartes Systems Group from $130.00 to $126.00 and set an "outperform" rating for the company in a research note on Thursday. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $123.40.

The Descartes Systems Group Price Performance

NASDAQ:DSGX opened at $102.25 on Monday. The firm has a market cap of $8.75 billion, a PE ratio of 64.31 and a beta of 0.87. The firm has a 50 day simple moving average of $106.95 and a 200-day simple moving average of $110.62. The Descartes Systems Group has a 1-year low of $90.61 and a 1-year high of $124.31.

Institutional Investors Weigh In On The Descartes Systems Group

Several large investors have recently made changes to their positions in the business. Strs Ohio purchased a new stake in The Descartes Systems Group during the 1st quarter worth $14,793,000. Ellsworth Advisors LLC boosted its position in shares of The Descartes Systems Group by 7.3% in the first quarter. Ellsworth Advisors LLC now owns 6,619 shares of the technology company's stock worth $667,000 after buying an additional 452 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of The Descartes Systems Group by 1.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,618 shares of the technology company's stock valued at $5,507,000 after buying an additional 660 shares in the last quarter. United Services Automobile Association purchased a new stake in shares of The Descartes Systems Group during the 1st quarter valued at about $319,000. Finally, Goldman Sachs Group Inc. lifted its position in The Descartes Systems Group by 35.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 377,140 shares of the technology company's stock worth $38,027,000 after acquiring an additional 98,054 shares in the last quarter. Institutional investors and hedge funds own 77.73% of the company's stock.

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.

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