The Descartes Systems Group (DSG) to Release Earnings on Tuesday

The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX will be posting its quarterly earnings results after the market closes on Tuesday, December 3rd. Analysts expect The Descartes Systems Group to post earnings of C$0.59 per share for the quarter.

The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last announced its quarterly earnings data on Wednesday, September 4th. The company reported C$0.55 EPS for the quarter, missing the consensus estimate of C$0.59 by C($0.04). The firm had revenue of C$223.45 million for the quarter, compared to analysts' expectations of C$217.69 million. The Descartes Systems Group had a net margin of 21.03% and a return on equity of 10.28%.

The Descartes Systems Group Stock Up 0.8 %

Shares of TSE:DSG traded up C$1.37 during midday trading on Tuesday, reaching C$164.88. The company's stock had a trading volume of 103,099 shares, compared to its average volume of 107,118. The Descartes Systems Group has a 12-month low of C$105.80 and a 12-month high of C$165.57. The firm has a market capitalization of C$14.09 billion, a P/E ratio of 82.17, a PEG ratio of 2.39 and a beta of 0.74. The firm has a 50 day moving average of C$147.23 and a 200-day moving average of C$138.16. The company has a quick ratio of 1.85, a current ratio of 1.79 and a debt-to-equity ratio of 0.55.

Insider Buying and Selling at The Descartes Systems Group

In other The Descartes Systems Group news, Senior Officer Andrew Roszko sold 22,900 shares of the business's stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of C$140.45, for a total transaction of C$3,216,305.00. Also, Senior Officer Kenneth Edward Wood sold 10,079 shares of The Descartes Systems Group stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of C$131.82, for a total value of C$1,328,613.78. Insiders own 0.02% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. National Bank Financial upgraded The Descartes Systems Group to a "strong-buy" rating in a research note on Wednesday, September 25th. Barclays raised shares of The Descartes Systems Group from a "strong sell" rating to a "hold" rating in a report on Friday, November 15th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$89.67.

The Descartes Systems Group Company Profile

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.