Descartes Systems Group Inc (DSGX) Stock Forecast & Price Target
Descartes Systems Group Inc · NASDAQ
$75.60+4.52 (+6.36%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering Descartes Systems Group Inc, 9 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $82.00 to $126.00, a moderate spread. The average target of $103.80 sits 37% above the current $75.60. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.70 next quarter toward $3.25 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Moderate Buy
Strong Buy00%
Buy990%
Hold110%
Sell00%
Strong Sell00%
Based on 10 analysts giving stock ratings to Descartes Systems Group Inc.
As of Jul, 9 of 10 firms rate DSGX a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
DSGX EPS & revenue forecast
EPS · NEXT QUARTER
$0.70
Range $0.59 – $0.83 · 4 analysts · +39% YoY
Next period, 4 analysts expect Descartes Systems Group Inc to earn $0.70 a share (range $0.59 – $0.83), versus $0.51 a year earlier. Full-year consensus is $2.93, growing to $3.25 the year after.
REVENUE · NEXT QUARTER
$205.9M
Range $204.5M – $207.4M · 4 analysts · +10% YoY
Revenue is expected to reach $205.9M (range $204.5M – $207.4M), +9.7% year-over-year. Full-year consensus is $812.2M, rising to $903.4M next year.
Top analysts covering Descartes Systems Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on DSGX.
#1
Raimo Lenschow
Barclays · Rank #285
Buy
$89.00+17.7% to target
Overall win rate
37%
+ Follow
#2
John Campbell
Stephens & Co. · Rank #301
Buy
$137.00+81.2% to target
Overall win rate
24%
+ Follow
#3
KK
Kevin Krishnaratne
Scotiabank
Buy
$95.00+25.7% to target
Coverage
—
+ Follow
#4
CQ
Chris Quintero
Morgan Stanley
Buy
$100.00+32.3% to target
Coverage
—
+ Follow
#5
TM
Thanos Moschopoulos
BMO Capital
Hold
$82.00+8.5% to target
Coverage
—
+ Follow
DSGX stock forecast FAQ
What is DSGX's average 12-month price target?+
The 10 analysts with a live target average $103.80 for Descartes Systems Group Inc over the next 12 months, ranging from a $126.00 high to a $82.00 low.
Is DSGX stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 10 analyst ratings, 9 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for DSGX?+
The Street-high target is $126.00 (CIBC), and the Street-low is $82.00 (BMO Capital). The average of all 10 active targets is $103.80.
How many Wall Street analysts cover DSGX?+
10 analysts have an active rating on Descartes Systems Group Inc, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering DSGX?+
Among analysts who currently cover DSGX, Raimo Lenschow of Barclays has the strongest overall Quantellect track record (Rank #285). Their current call is Buy with a $89.00 target.
What is Descartes Systems Group Inc's projected EPS for next quarter?+
The consensus estimate is $0.70 per share (range $0.59 – $0.83) across 4 analysts. Full-year EPS is projected at $2.93, rising to $3.25 the following year.
How much revenue is Descartes Systems Group Inc expected to report next quarter?+
Consensus revenue is $205.9M (range $204.5M – $207.4M). Full-year revenue is projected at $812.2M, growing to $903.4M next year.
Have analysts been upgrading or downgrading DSGX lately?+
As of Jul, 9 of 10 firms rate DSGX a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their DSGX calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
