The Descartes Systems Group Inc. (NASDAQ:DSGX – Free Report) (TSE:DSG) – Equities researchers at William Blair decreased their Q2 2026 earnings per share estimates for shares of The Descartes Systems Group in a report released on Thursday, March 6th. William Blair analyst D. Becker now forecasts that the technology company will post earnings of $0.51 per share for the quarter, down from their previous forecast of $0.52. 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 FY2026 earnings at $2.06 EPS, Q1 2027 earnings at $0.54 EPS, Q2 2027 earnings at $0.57 EPS, Q3 2027 earnings at $0.60 EPS and Q4 2027 earnings at $0.61 EPS.
The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) last posted its quarterly earnings results on Wednesday, March 5th. The technology company reported $0.43 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.43. The firm had revenue of $167.50 million during the quarter, compared to analyst estimates of $169.97 million. The Descartes Systems Group had a return on equity of 10.65% and a net margin of 21.80%.
Get Our Latest Stock Analysis on DSGX
The Descartes Systems Group Stock Performance
NASDAQ DSGX opened at $100.42 on Monday. The Descartes Systems Group has a one year low of $87.20 and a one year high of $124.31. The stock has a 50-day moving average of $114.29 and a 200 day moving average of $110.18. The company has a market capitalization of $8.60 billion, a price-to-earnings ratio of 63.16 and a beta of 0.99.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Mather Group LLC. lifted its holdings in The Descartes Systems Group by 301.7% in the 4th quarter. Mather Group LLC. now owns 241 shares of the technology company’s stock worth $27,000 after purchasing an additional 181 shares in the last quarter. GeoWealth Management LLC lifted its holdings in shares of The Descartes Systems Group by 63.2% in the fourth quarter. GeoWealth Management LLC now owns 341 shares of the technology company’s stock worth $39,000 after buying an additional 132 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of The Descartes Systems Group in the fourth quarter worth $43,000. Trust Co. of Vermont bought a new position in shares of The Descartes Systems Group during the fourth quarter worth $54,000. Finally, GAMMA Investing LLC grew its stake in The Descartes Systems Group by 4,950.0% during the fourth quarter. GAMMA Investing LLC now owns 505 shares of the technology company’s stock valued at $57,000 after acquiring an additional 495 shares in the last quarter. 77.73% of the stock is currently owned by institutional investors.
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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