Shares of The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX reached a new 52-week high on Tuesday . The company traded as high as C$150.53 and last traded at C$150.25, with a volume of 3648 shares. The stock had previously closed at C$149.22.
Wall Street Analyst Weigh In
Separately, National Bank Financial raised The Descartes Systems Group to a "strong-buy" rating in a research note on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$89.67.
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The Descartes Systems Group Trading Up 0.0 %
The business has a 50 day moving average of C$139.55 and a two-hundred day moving average of C$134.81. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 1.79. The firm has a market capitalization of C$12.76 billion, a price-to-earnings ratio of 74.99, a P/E/G ratio of 2.39 and a beta of 0.74.
The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last issued its quarterly earnings data on Wednesday, September 4th. The company reported C$0.55 EPS for the quarter, missing analysts' consensus estimates of C$0.59 by C($0.04). The company had revenue of C$223.45 million for the quarter, compared to the consensus estimate of C$217.69 million. The Descartes Systems Group had a return on equity of 10.28% and a net margin of 21.03%. Equities analysts predict that The Descartes Systems Group Inc. will post 3.3498285 EPS for the current year.
Insiders Place Their Bets
In other news, Senior Officer Kenneth Edward Wood sold 10,079 shares of the company's 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. In related news, Senior Officer Kenneth Edward Wood sold 10,079 shares of the company's 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. Also, Senior Officer Andrew Roszko sold 22,900 shares of the company's stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of C$140.45, for a total value of C$3,216,305.00. Corporate insiders own 0.02% of the company's stock.
About The Descartes Systems Group
(
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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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