The Descartes Systems Group - DSGX Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" DSGX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DSGX, but not buy additional shares or sell existing shares.
View DSGX analyst ratings or view top-rated stocks.

8 Wall Street analysts have issued 1-year price targets for The Descartes Systems Group's shares. Their DSGX share price forecasts range from $58.00 to $85.00. On average, they expect the company's share price to reach $75.56 in the next year. This suggests a possible upside of 4.6% from the stock's current price.
View analysts price targets for DSGX or view top-rated stocks among Wall Street analysts.

The Descartes Systems Group's stock was trading at $69.65 at the start of the year. Since then, DSGX stock has increased by 3.7% and is now trading at $72.24.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our DSGX earnings forecast.

The Descartes Systems Group Inc. (NASDAQ:DSGX) posted its quarterly earnings results on Wednesday, December, 7th. The technology company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.04. The technology company earned $121.47 million during the quarter, compared to the consensus estimate of $123.10 million. The Descartes Systems Group had a trailing twelve-month return on equity of 8.94% and a net margin of 19.37%.

19 employees have rated The Descartes Systems Group Chief Executive Officer Ed Ryan on Glassdoor.com. Ed Ryan has an approval rating of 91% among the company's employees. This puts Ed Ryan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other The Descartes Systems Group investors own include Pfizer (PFE), Walmart (WMT), AbbVie (ABBV), Mastercard (MA), NVIDIA (NVDA), Verizon Communications (VZ), Activision Blizzard (ATVI), Kroger (KR), Visa (V) and Valero Energy (VLO).

The Descartes Systems Group trades on the NASDAQ under the ticker symbol "DSGX."

The Descartes Systems Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.90%), Addenda Capital Inc. (0.30%), Comerica Bank (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Stephens Investment Management Group LLC (0.21%) and National Bank of Canada FI (0.16%).

Shares of DSGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DSGX stock can currently be purchased for approximately $72.24.

The Descartes Systems Group (NASDAQ:DSGX) has a market capitalization of $6.13 billion and generates $424.69 million in revenue each year. The technology company earns $86.28 million in net income (profit) each year or $1.07 on an earnings per share basis.

The company employs 1,860 workers across the globe.

The Descartes Systems Group's mailing address is 120 RANDALL ST, WATERLOO A6, N2V 1C6. The official website for the company is www.descartes.com. The technology company can be reached via phone at (519) 746-8110, via email at investor@descartes.com, or via fax at 519-746-1984.