The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) – Stock analysts at William Blair upped their Q4 2026 earnings estimates for The Descartes Systems Group in a report issued on Thursday, June 5th. William Blair analyst D. Becker now anticipates that the technology company will post earnings per share of $0.59 for the quarter, up from their prior 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 issued its quarterly earnings data 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 business had revenue of $168.74 million for the quarter, compared to analyst estimates of $169.60 million. The Descartes Systems Group had a net margin of 21.80% and a return on equity of 10.65%. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.40 earnings per share.
View Our Latest Stock Report on The Descartes Systems Group
The Descartes Systems Group Price Performance
Shares of NASDAQ DSGX opened at $100.14 on Monday. The stock has a market capitalization of $8.57 billion, a P/E ratio of 62.98 and a beta of 0.87. The company has a 50-day moving average price of $106.87 and a 200-day moving average price of $110.44. 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
Institutional investors have recently added to or reduced their stakes in the business. Mather Group LLC. lifted its holdings in 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 last quarter. NBC Securities Inc. purchased a new stake in The Descartes Systems Group during the first quarter valued at about $25,000. GeoWealth Management LLC lifted 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 valued at $39,000 after purchasing an additional 132 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in The Descartes Systems Group during the fourth quarter valued at about $43,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in The Descartes Systems Group during the first quarter valued at about $49,000. 77.73% of the stock is owned by hedge funds and other institutional investors.
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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