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.

A number of analysts gave price targets for DSGX. The most optimistic analyst gave a price target of 30.04, implying a possible profit of 17.12 percent. The minimum price target given was 23, implying potential capital losses of -10.33 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.55 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.16 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

DSGX has an estimated earnings growth rate of 29.81 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. DSGX has a PEG ratio of 2.61.

DSGX has traded between a high of 25.75 and a low of 19.50 over the past year. Today's price is 31.54 percent above the 52-week low, and 0.39 percent lower than its 52-week high. DSGX has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.