The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) – Equities research analysts at William Blair boosted their Q4 2026 earnings per share (EPS) estimates for The Descartes Systems Group in a research 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 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 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 analyst estimates of $169.60 million. During the same period in the prior year, the company earned $0.40 EPS. The business’s quarterly revenue was up 11.5% compared to the same quarter last year.
Read Our Latest Analysis on DSGX
The Descartes Systems Group Price Performance
The Descartes Systems Group stock opened at $100.14 on Monday. The business has a 50 day moving average of $106.87 and a 200-day moving average of $110.44. The Descartes Systems Group has a 1 year low of $90.61 and a 1 year high of $124.31. The company has a market capitalization of $8.57 billion, a P/E ratio of 62.98 and a beta of 0.87.
Institutional Trading of The Descartes Systems Group
Several large investors have recently modified their holdings of DSGX. Mackenzie Financial Corp grew its position in shares of The Descartes Systems Group by 130.4% during the 4th quarter. Mackenzie Financial Corp now owns 4,947,789 shares of the technology company’s stock worth $561,827,000 after buying an additional 2,800,492 shares during the period. Norges Bank acquired a new stake in shares of The Descartes Systems Group during the 4th quarter worth approximately $126,918,000. Price T Rowe Associates Inc. MD grew its position in shares of The Descartes Systems Group by 15.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,134,467 shares of the technology company’s stock worth $719,370,000 after buying an additional 936,718 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of The Descartes Systems Group by 114.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,199,377 shares of the technology company’s stock worth $136,175,000 after buying an additional 639,848 shares during the period. Finally, Praesidium Investment Management Company LLC acquired a new stake in shares of The Descartes Systems Group during the 4th quarter worth approximately $54,724,000. 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.
Recommended Stories
- Five stocks we like better than The Descartes Systems Group
- Low PE Growth Stocks: Unlocking Investment Opportunities
- AppLovin Dips on S&P 500 Snub, Morgan Stanley Lifts Target Anyway
- How to Choose Top Rated Stocks
- Casey’s Surges on Strong Q4, More Gains Likely Ahead
- Growth Stocks: What They Are, Examples and How to Invest
- Government Mandate Sends eVTOL Stocks Flying
Receive News & Ratings for The Descartes Systems Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Descartes Systems Group and related companies with MarketBeat.com's FREE daily email newsletter.