Shares of The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX hit a new 52-week high during trading on Monday . The stock traded as high as C$161.84 and last traded at C$159.95, with a volume of 6085 shares traded. The stock had previously closed at C$159.98.
Wall Street Analyst Weigh In
Separately, National Bank Financial raised shares of The Descartes Systems Group to a "strong-buy" rating in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$89.67.
Check Out Our Latest Analysis on The Descartes Systems Group
The Descartes Systems Group Stock Up 0.8 %
The company has a debt-to-equity ratio of 0.55, a current ratio of 1.79 and a quick ratio of 1.85. The stock's fifty day simple moving average is C$141.15 and its 200-day simple moving average is C$135.71. The stock has a market cap of C$13.78 billion, a P/E ratio of 81.02, a PEG ratio of 2.39 and a beta of 0.74.
The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last issued its earnings results on Wednesday, September 4th. The company reported C$0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.59 by C($0.04). The Descartes Systems Group had a return on equity of 10.28% and a net margin of 21.03%. The business had revenue of C$223.45 million during the quarter, compared to the consensus estimate of C$217.69 million. On average, research analysts anticipate that The Descartes Systems Group Inc. will post 3.3498285 earnings per share for the current year.
Insiders Place Their Bets
In other The Descartes Systems Group news, Senior Officer Kenneth Edward Wood sold 10,079 shares of the firm's stock in a transaction dated Monday, September 9th. The shares were sold at an average price of C$131.82, for a total value of C$1,328,613.78. In other The Descartes Systems Group news, Senior Officer Kenneth Edward Wood sold 10,079 shares of the firm's stock in a transaction that occurred on Monday, September 9th. The shares were 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 firm'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 transaction of C$3,216,305.00. 0.02% of the stock is currently owned by corporate insiders.
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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