The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) (NASDAQ:DSGX) Senior Officer Edward James Gardner sold 3,156 shares of the company's stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of C$124.41, for a total transaction of C$392,637.96.
The Descartes Systems Group Stock Performance
TSE:DSG opened at C$121.62 on Thursday. The company has a quick ratio of 1.85, a current ratio of 2.05 and a debt-to-equity ratio of 0.56. The Descartes Systems Group Inc. has a fifty-two week low of C$95.03 and a fifty-two week high of C$127.91. The stock has a market cap of C$10.36 billion, a PE ratio of 68.71, a price-to-earnings-growth ratio of 2.17 and a beta of 0.76. The firm's fifty day simple moving average is C$120.93 and its 200-day simple moving average is C$111.59.
The Descartes Systems Group (TSE:DSG - Get Free Report) (NASDAQ:DSGX) last posted its quarterly earnings results on Wednesday, March 6th. The company reported C$0.50 earnings per share for the quarter, topping analysts' consensus estimates of C$0.41 by C$0.09. The Descartes Systems Group had a net margin of 20.23% and a return on equity of 9.92%. The business had revenue of C$200.32 million for the quarter, compared to analysts' expectations of C$197.20 million. Analysts expect that The Descartes Systems Group Inc. will post 2.6266695 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
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A number of brokerages have commented on DSG. Royal Bank of Canada upped their price objective on shares of The Descartes Systems Group from C$100.00 to C$110.00 and gave the stock an "outperform" rating in a research report on Thursday, March 7th. Barclays upped their price objective on shares of The Descartes Systems Group from C$71.00 to C$75.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 20th. William Blair restated an "outperform" rating on shares of The Descartes Systems Group in a research report on Monday. Finally, Raymond James upped their price objective on shares of The Descartes Systems Group from C$81.00 to C$84.00 and gave the stock a "market perform" rating in a research report on Wednesday, December 6th.
Check Out Our Latest Report on DSG
About The Descartes Systems Group
(
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The Descartes Systems Group Inc provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services.
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