The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) (NASDAQ:DSGX) Director John Scott Pagan sold 20,597 shares of the company's stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of C$123.16, for a total value of C$2,536,726.52.
The Descartes Systems Group Stock Up 4.4 %
TSE:DSG opened at C$125.70 on Wednesday. The company has a current ratio of 2.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.56. The stock has a fifty day simple moving average of C$121.29 and a 200-day simple moving average of C$113.03. The company has a market cap of C$10.71 billion, a price-to-earnings ratio of 71.02, a price-to-earnings-growth ratio of 2.17 and a beta of 0.76. The Descartes Systems Group Inc. has a twelve month low of C$95.03 and a twelve month high of C$127.91.
The Descartes Systems Group (TSE:DSG - Get Free Report) (NASDAQ:DSGX) last released its quarterly earnings data on Wednesday, March 6th. The company reported C$0.50 earnings per share for the quarter, beating the consensus estimate of C$0.41 by C$0.09. The firm had revenue of C$200.32 million during the quarter, compared to the consensus estimate of C$197.20 million. The Descartes Systems Group had a return on equity of 9.92% and a net margin of 20.23%. Analysts anticipate that The Descartes Systems Group Inc. will post 2.6246523 EPS for the current year.
Analysts Set New Price Targets
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DSG has been the subject of several recent analyst reports. Royal Bank of Canada upped their price target on The Descartes Systems Group from C$100.00 to C$110.00 and gave the stock an "outperform" rating in a research note on Thursday, March 7th. Barclays raised their target price on shares of The Descartes Systems Group from C$71.00 to C$75.00 and gave the company an "underweight" rating in a report on Tuesday, February 20th. Finally, William Blair reissued an "outperform" rating on shares of The Descartes Systems Group in a report on Monday, April 1st.
Read Our Latest Report on DSG
The Descartes Systems Group Company Profile
(
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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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