National Bank Financial Weighs in on DSGX Q1 Earnings

The Descartes Systems Group Inc. (NASDAQ:DSGX - Free Report) TSE: DSG - National Bank Financial issued their Q1 2026 earnings per share (EPS) estimates for The Descartes Systems Group in a note issued to investors on Thursday, March 6th. National Bank Financial analyst J. Shao expects that the technology company will post earnings of $0.45 per share for the quarter. The consensus estimate for The Descartes Systems Group's current full-year earnings is $1.64 per share. National Bank Financial also issued estimates for The Descartes Systems Group's Q2 2026 earnings at $0.49 EPS, Q3 2026 earnings at $0.50 EPS and Q4 2026 earnings at $0.50 EPS.

The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG last announced its quarterly earnings results on Wednesday, March 5th. The technology company reported $0.43 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.43. The company had revenue of $167.50 million during the quarter, compared to the consensus estimate of $169.97 million. The Descartes Systems Group had a return on equity of 10.65% and a net margin of 21.80%.

A number of other equities research analysts also recently commented on the company. BMO Capital Markets reduced their target price on The Descartes Systems Group from $120.00 to $113.00 and set a "market perform" rating for the company in a report on Thursday, March 6th. Loop Capital assumed coverage on shares of The Descartes Systems Group in a report on Tuesday, December 17th. They issued a "buy" rating and a $140.00 target price for the company. Stephens decreased their price target on The Descartes Systems Group from $145.00 to $137.00 and set an "overweight" rating on the stock in a research note on Thursday, March 6th. StockNews.com downgraded The Descartes Systems Group from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. Finally, Royal Bank of Canada dropped their price target on The Descartes Systems Group from $133.00 to $130.00 and set an "outperform" rating for the company in a research report on Thursday, March 6th. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, The Descartes Systems Group has a consensus rating of "Moderate Buy" and a consensus price target of $120.33.

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The Descartes Systems Group Stock Down 2.4 %

NASDAQ:DSGX traded down $2.35 during midday trading on Monday, reaching $97.37. The stock had a trading volume of 279,561 shares, compared to its average volume of 186,742. The stock has a market cap of $8.34 billion, a P/E ratio of 61.39 and a beta of 0.99. The Descartes Systems Group has a 12-month low of $87.20 and a 12-month high of $124.31. The firm has a fifty day simple moving average of $113.35 and a two-hundred day simple moving average of $110.14.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of DSGX. Mather Group LLC. grew its stake in shares of The Descartes Systems Group by 301.7% during the 4th quarter. Mather Group LLC. now owns 241 shares of the technology company's stock valued at $27,000 after buying an additional 181 shares during the period. GeoWealth Management LLC grew its position 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 acquiring an additional 132 shares during the period. SBI Securities Co. Ltd. acquired a new stake in The Descartes Systems Group during the fourth quarter worth about $43,000. Trust Co. of Vermont acquired a new position in shares of The Descartes Systems Group in the 4th quarter valued at about $54,000. Finally, GAMMA Investing LLC grew its holdings in shares of The Descartes Systems Group by 4,950.0% during the 4th quarter. GAMMA Investing LLC now owns 505 shares of the technology company's stock worth $57,000 after purchasing an additional 495 shares during the period. 77.73% of the stock is currently owned by hedge funds and other 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.