Analyst Ratings for Descartes Systems Group Inc. (DSGX)

Updated: 2017-07-27

Analysts covering Descartes Systems Group Inc. (NASDAQ:DSGX) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for DSGX last month.

A buy rating was issued by 9 analysts, 1 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

DSGX was given price targets by several analysts. The maximum price target given was 30.04, implying a possible profit of 17.12 percent. The most pessimistic price target was 23, which equates to a potential downside of -10.33 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -4.55 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.16 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of DSGX to grow at a rate of 29.81 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of DSGX is 2.61.

In the trailing 52-weeks, DSGX hit 25.75 at the highest peak, while it's lowest trading point was 19.50. Currently the stock is 31.54 percent higher than its low, and 0.39 percent below the high. DSGX has a P/E ratio of 77.73. Investors typically compare the P/E ratio to a company's peers in the industry. The DSGX value stock report compares DSGX to some of its peers using value stock charts. The stock has a market capitalization of $1.92 billion. DSGX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.