The Descartes Systems Group Inc. (TSE:DSG) Senior Officer Edward James Gardner Sells 3,156 Shares

The Descartes Systems Group Inc. (TSE:DSGGet Free Report) (NASDAQ:DSGX) Senior Officer Edward James Gardner sold 3,156 shares of the firm’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of C$124.41, for a total transaction of C$392,637.96.

The Descartes Systems Group Stock Down 1.3 %

Shares of TSE DSG opened at C$121.62 on Thursday. The company’s 50-day simple moving average is C$120.93 and its 200-day simple moving average is C$111.59. The Descartes Systems Group Inc. has a 52-week low of C$95.03 and a 52-week high of C$127.91. The firm has a market cap of C$10.36 billion, a price-to-earnings ratio of 68.71, a price-to-earnings-growth ratio of 2.17 and a beta of 0.76. 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 (TSE:DSGGet Free Report) (NASDAQ:DSGX) last announced its earnings results on Wednesday, March 6th. The company reported C$0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.41 by C$0.09. The business had revenue of C$200.32 million for the quarter, compared to analyst estimates of C$197.20 million. The Descartes Systems Group had a net margin of 20.23% and a return on equity of 9.92%. Equities analysts predict that The Descartes Systems Group Inc. will post 2.6266695 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently commented on DSG shares. William Blair restated an “outperform” rating on shares of The Descartes Systems Group in a research report on Monday. Barclays raised their price target on shares of 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. Royal Bank of Canada raised their price target on shares of 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. Finally, Raymond James lifted their target price on shares of The Descartes Systems Group from C$81.00 to C$84.00 and gave the company a “market perform” rating in a research report on Wednesday, December 6th.

Read Our Latest Stock Report on DSG

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.

Featured Articles

Receive News & Ratings for The Descartes Systems Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Descartes Systems Group and related companies with MarketBeat.com's FREE daily email newsletter.