The Descartes Systems Group (TSE:DSG) Reaches New 1-Year High at $132.00

The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) NASDAQ: DSGX's share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$132.00 and last traded at C$131.86, with a volume of 68412 shares traded. The stock had previously closed at C$127.70.

Analyst Ratings Changes

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

The Descartes Systems Group Stock Up 2.2 %

The stock has a 50-day moving average of C$123.53 and a two-hundred day moving average of C$115.21. The company has a market cap of C$11.12 billion, a P/E ratio of 73.73, a P/E/G ratio of 2.17 and a beta of 0.76. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.85 and a current ratio of 2.05.

The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last released its earnings results on Wednesday, March 6th. The company reported C$0.50 earnings per share for the quarter, topping analysts' consensus estimates of C$0.41 by C$0.09. The company had revenue of C$200.32 million during the quarter, compared to the consensus estimate of C$197.20 million. The Descartes Systems Group had a return on equity of 9.92% and a net margin of 20.23%. On average, research analysts anticipate 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 Allan Brett sold 12,505 shares of The Descartes Systems Group stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of C$126.64, for a total value of C$1,583,633.20. In other news, Senior Officer Allan Brett sold 12,505 shares of the business's stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of C$126.64, for a total transaction of C$1,583,633.20. Also, Senior Officer Edward James Gardner sold 3,156 shares of the business's stock in a transaction that occurred 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. Insiders have sold 57,195 shares of company stock valued at $7,095,062 in the last ninety days. Company insiders own 0.02% of the company's stock.

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.