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

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Descartes Systems Group in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DSGX shares.
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8 Wall Street research analysts have issued 12-month price targets for The Descartes Systems Group's stock. Their DSGX share price forecasts range from $68.00 to $85.00. On average, they expect the company's share price to reach $76.00 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
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The Descartes Systems Group's stock was trading at $82.68 on January 1st, 2022. Since then, DSGX shares have decreased by 16.3% and is now trading at $69.24.
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The Descartes Systems Group Inc. (NASDAQ:DSGX) issued its quarterly earnings data on Wednesday, September, 7th. The technology company reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The technology company earned $123.01 million during the quarter, compared to the consensus estimate of $118.72 million. The Descartes Systems Group had a trailing twelve-month return on equity of 9.17% and a net margin of 20.57%. The business's quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.27 EPS.

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 many different institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (15.18%), Jarislowsky Fraser Ltd (5.75%), Primecap Management Co. CA (4.09%), Conestoga Capital Advisors LLC (3.61%), Bishop Rock Capital L.P. (3.04%) and Echo Street Capital Management LLC (2.46%).

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.
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One share of DSGX stock can currently be purchased for approximately $69.24.

The Descartes Systems Group (NASDAQ:DSGX) has a market capitalization of $5.87 billion and generates $424.69 million in revenue each year. The technology company earns $86.28 million in net income (profit) each year or $1.06 on an earnings per share basis.

The company employs 1,860 workers across the globe.

The Descartes Systems Group was founded in 1981.

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.