The Descartes Systems Group (TSE:DSG) Reaches New 12-Month High at $133.18

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX)’s share price reached a new 52-week high on Tuesday . The stock traded as high as C$133.18 and last traded at C$132.56, with a volume of 1927 shares traded. The stock had previously closed at C$132.64.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on DSG shares. Royal Bank of Canada upped their price target on shares of The Descartes Systems Group from C$100.00 to C$110.00 and gave the company an “outperform” rating in a research report on Thursday, March 7th. William Blair restated an “outperform” rating on shares of The Descartes Systems Group in a research note on Monday, April 1st. Finally, Barclays upped their price target on The Descartes Systems Group from C$71.00 to C$75.00 and gave the company an “underweight” rating in a report on Tuesday, February 20th.

The Descartes Systems Group Trading Up 0.5 %

The firm has a market cap of C$11.35 billion, a P/E ratio of 74.94, a price-to-earnings-growth ratio of 2.17 and a beta of 0.76. The company has a current ratio of 2.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.56. The company’s fifty day moving average price is C$124.40 and its two-hundred day moving average price is C$115.95.

The Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last announced its earnings results on Wednesday, March 6th. The company reported C$0.50 EPS for the quarter, topping the consensus estimate of C$0.41 by C$0.09. The company had revenue of C$200.32 million for the quarter, compared to analysts’ expectations of C$197.20 million. The Descartes Systems Group had a return on equity of 9.92% and a net margin of 20.23%. As a group, sell-side analysts predict that The Descartes Systems Group Inc. will post 2.6246523 EPS for the current fiscal year.

Insiders Place Their Bets

In other The Descartes Systems Group news, Senior Officer Edward James Gardner sold 3,156 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of C$124.41, for a total value of C$392,637.96. In other news, Director John Scott Pagan sold 20,597 shares of the stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of C$123.16, for a total transaction of C$2,536,726.52. Also, Senior Officer Edward James Gardner sold 3,156 shares of the company’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of C$124.41, for a total value of C$392,637.96. In the last three months, insiders sold 57,195 shares of company stock valued at $7,095,062. 0.02% of the stock is currently owned by insiders.

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.