Shares of The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX have been assigned a consensus recommendation of "Buy" from the six ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, two have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$92.50.
DSG has been the subject of several recent analyst reports. Stephens upgraded The Descartes Systems Group to a "strong-buy" rating in a research note on Saturday, February 1st. Loop Capital upgraded The Descartes Systems Group to a "strong-buy" rating in a research note on Tuesday, December 17th. Finally, Barclays upgraded The Descartes Systems Group from a "strong sell" rating to a "hold" rating in a research note on Friday, November 15th.
View Our Latest Research Report on The Descartes Systems Group
The Descartes Systems Group Stock Up 0.5 %
TSE:DSG traded up C$0.93 during mid-day trading on Wednesday, hitting C$171.22. The company had a trading volume of 123,067 shares, compared to its average volume of 113,895. The business has a fifty day simple moving average of C$166.75 and a 200-day simple moving average of C$150.84. The company has a current ratio of 1.79, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55. The Descartes Systems Group has a 1 year low of C$113.65 and a 1 year high of C$174.24. The firm has a market capitalization of C$14.64 billion, a price-to-earnings ratio of 86.04, a PEG ratio of 2.39 and a beta of 0.74.
Insider Buying and Selling
In other The Descartes Systems Group news, Senior Officer Allan Brett sold 5,260 shares of The Descartes Systems Group stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of C$171.60, for a total value of C$902,616.00. 0.02% of the stock is owned by corporate insiders.
About The Descartes Systems Group
(
Get Free ReportThe 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
Before you consider The Descartes Systems Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Descartes Systems Group wasn't on the list.
While The Descartes Systems Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
