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 maximum price target given was 30.04, which equates to a potential upside of 17.12 percent. The minimum price target given was 23, which equates to a potential downside of -10.33 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of DSGX's earnings is estimated by analysts to be 29.81 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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. 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. Today's price is 31.54 percent above the 52-week low, and 0.39 percent below the 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.