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.

Several price targets were given for DSGX by the analysts covering the stock. The highest price target was 30.04, which equates to a potential upside of 17.12 percent. The most pessimistic analyst gave a price target of 23, implying a possible loss of -10.33 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -4.55 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.16 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

DSGX has an estimated earnings growth rate of 29.81 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of DSGX is 2.61.

DSGX has traded between a high of 25.75 and a low of 19.50 over the past year. The current market price is above the trailing year's low by 31.54 percent, and below the high by 0.39 percent. 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.