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 maximum price target given was 30.04, implying a possible profit of 17.12 percent. The minimum price target given was 23, implying a possible loss 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -4.55 percent if we expand the time horizon to include the past 3 months instead of just one. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of DSGX's earnings is estimated by analysts to be 29.81 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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 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's next earnings release will be on 0000-00-00, which is days away.