The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) (NASDAQ:DSGX) Senior Officer Kenneth Edward Wood sold 8,000 shares of the firm's stock in a transaction on Friday, April 5th. The shares were sold at an average price of C$121.62, for a total value of C$972,960.00.
The Descartes Systems Group Trading Up 0.6 %
Shares of DSG opened at C$122.65 on Tuesday. The business has a 50-day moving average of C$120.99 and a 200 day moving average of C$112.16. 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 firm has a market cap of C$10.45 billion, a P/E ratio of 69.29, a price-to-earnings-growth ratio of 2.17 and a beta of 0.76. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.85 and a current ratio of 2.05.
The Descartes Systems Group (TSE:DSG - Get Free Report) (NASDAQ:DSGX) last announced its quarterly earnings data on Wednesday, March 6th. The company reported C$0.50 earnings per share for the quarter, topping the consensus estimate of C$0.41 by C$0.09. The Descartes Systems Group had a return on equity of 9.92% and a net margin of 20.23%. The company had revenue of C$200.32 million during the quarter, compared to analyst estimates of C$197.20 million. As a group, research analysts forecast that The Descartes Systems Group Inc. will post 2.6266695 EPS for the current year.
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Several equities research analysts have recently issued reports on the company. Royal Bank of Canada raised their target price on The Descartes Systems Group from C$100.00 to C$110.00 and gave the company an "outperform" rating in a research report on Thursday, March 7th. William Blair reaffirmed an "outperform" rating on shares of The Descartes Systems Group in a research report on Monday, April 1st. Finally, Barclays raised their target price on The Descartes Systems Group from C$71.00 to C$75.00 and gave the company an "underweight" rating in a research report on Tuesday, February 20th.
View Our Latest Analysis on The Descartes Systems Group
The Descartes Systems Group Company Profile
(
Get Free Report)
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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