The Descartes Systems Group (TSE:DSG) Rating Increased to Strong-Buy at National Bank Financial

Posted by Francis Steltz on Jul 15th, 2026

The Descartes Systems Group (TSE:DSG – Get Free Report) (NASDAQ:DSGX) was upgraded by research analysts at National Bank Financial to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Separately, Rothschild & Co Redburn upgraded The Descartes Systems Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Four analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Check Out Our Latest Research Report on DSG

The Descartes Systems Group Price Performance

TSE:DSG opened at C$100.94 on Tuesday. The company has a quick ratio of 1.85, a current ratio of 2.05 and a debt-to-equity ratio of 0.50. The Descartes Systems Group has a 52 week low of C$85.26 and a 52 week high of C$150.74. The stock’s 50-day moving average price is C$99.68 and its 200-day moving average price is C$101.11. The stock has a market capitalization of C$8.65 billion, a PE ratio of 50.22, a price-to-earnings-growth ratio of 2.39 and a beta of 0.13.

The Descartes Systems Group (TSE:DSG – Get Free Report) (NASDAQ:DSGX) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported C$0.75 earnings per share (EPS) for the quarter. The company had revenue of C$262.95 million for the quarter. The Descartes Systems Group had a return on equity of 11.26% and a net margin of 23.35%. As a group, equities analysts expect that The Descartes Systems Group will post 3.3498285 EPS for the current fiscal year.

Insider Activity

In related news, insider William Chad Murphy sold 2,772 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of C$101.05, for a total value of C$280,110.60. 0.02% of the stock is owned by corporate insiders.

About The Descartes Systems Group

(Get Free Report)

Descartes powers more responsive, efficient, secure and sustainable international and domestic supply chains by uniting logistics-intensive businesses on its Global Logistics Network (‘GLN’). Shippers, carriers, and logistics service providers connect and collaborate on the GLN, leveraging technology, data and artificial intelligence (‘AI’) to manage last mile deliveries, domestic and international shipments, transportation rating and payment, global trade research, customs compliance and a variety of regulatory processes.