Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$47.95 and last traded at C$47.93, with a volume of 81358 shares trading hands. The stock had previously closed at C$47.09.

A number of equities analysts recently weighed in on the company. Echelon Wealth Partners reaffirmed a “buy” rating on shares of Descartes Systems Group in a report on Monday, January 28th. BMO Capital Markets set a C$32.00 price target on Descartes Systems Group and gave the stock a “market perform” rating in a report on Thursday, January 31st.

The firm has a market capitalization of $3.66 billion and a price-to-earnings ratio of 119.63. The company has a quick ratio of 0.90, a current ratio of 1.03 and a debt-to-equity ratio of 4.77.

Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last released its quarterly earnings results on Wednesday, March 6th. The company reported C$0.13 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.02). The company had revenue of C$93.89 million during the quarter, compared to the consensus estimate of C$93.87 million. On average, research analysts predict that Descartes Systems Group Inc will post 0.540000007973002 earnings per share for the current year.

WARNING: This article was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.thecerbatgem.com/2019/03/21/descartes-systems-group-dsg-sets-new-1-year-high-at-47-95.html.

Descartes Systems Group Company Profile (TSE:DSG)

The Descartes Systems Group Inc provides federated network and logistics technology solutions worldwide. Its Logistics Application Suite offers a range of modular, cloud-based, and interoperable Web and wireless logistics management applications. The company's Logistics Application Suite offers solutions, such as route planning and execution, mobile applications, and telematics and compliance; transportation management solutions comprising carrier compliance and rate management, freight audit and settlement, dock scheduling and yard management, pool distribution, transportation planning and execution, and logistics flow control, as well as visibility, tracking, and performance management; and global logistics network services, such as document management, community, and connectivity services.

See Also: What is a portfolio manager?

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