William Blair Reaffirms Outperform Rating for The Descartes Systems Group (TSE:DSG)

William Blair reissued their outperform rating on shares of The Descartes Systems Group (TSE:DSGFree Report) (NASDAQ:DSGX) in a report published on Monday morning, Zacks.com reports. William Blair also issued estimates for The Descartes Systems Group’s Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.72 EPS and Q4 2026 earnings at $0.75 EPS.

A number of other equities analysts have also recently issued reports on the stock. Raymond James boosted their price objective on shares of The Descartes Systems Group from C$81.00 to C$84.00 and gave the company a market perform rating in a research report on Wednesday, December 6th. Royal Bank of Canada upped their price objective on shares of The Descartes Systems Group from C$100.00 to C$110.00 and gave the stock an outperform rating in a report on Thursday, March 7th. Finally, Barclays increased their price target on shares of The Descartes Systems Group from C$71.00 to C$75.00 and gave the company an underweight rating in a report on Tuesday, February 20th.

Get Our Latest Stock Report on The Descartes Systems Group

The Descartes Systems Group Stock Down 2.3 %

Shares of TSE:DSG opened at C$123.24 on Monday. The firm has a fifty day moving average price of C$120.91 and a two-hundred day moving average price of C$111.52. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.05 and a quick ratio of 1.85. The Descartes Systems Group has a one year low of C$95.03 and a one year high of C$127.91. The company has a market cap of C$10.50 billion, a price-to-earnings ratio of 69.63, a PEG ratio of 2.17 and a beta of 0.76.

The Descartes Systems Group (TSE:DSGGet Free Report) (NASDAQ:DSGX) last posted its quarterly earnings data on Wednesday, March 6th. The company reported C$0.50 earnings per share for the quarter, beating the consensus estimate of C$0.41 by C$0.09. The firm had revenue of C$200.32 million for the quarter, compared to analysts’ expectations of C$197.20 million. The Descartes Systems Group had a net margin of 20.23% and a return on equity of 9.92%. Analysts anticipate that The Descartes Systems Group will post 2.6266695 EPS for the current fiscal year.

Insiders Place Their Bets

In other The Descartes Systems Group news, Senior Officer Christopher Jones sold 12,937 shares of the stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of C$124.38, for a total value of C$1,609,104.06. In related news, Senior Officer Allan Brett sold 12,505 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of C$126.64, for a total transaction of C$1,583,633.20. Also, Senior Officer Christopher Jones sold 12,937 shares of the firm’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of C$124.38, for a total transaction of C$1,609,104.06. Over the last ninety days, insiders have sold 45,442 shares of company stock worth $5,397,737. Company insiders own 0.02% of the company’s stock.

About The Descartes Systems Group

(Get Free Report)

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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