The Descartes Systems Group (TSE:DSG) Reaches New 1-Year High at $133.18

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

Analyst Ratings Changes

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

The Descartes Systems Group Stock Up 0.6 %

The company has a debt-to-equity ratio of 0.56, a current ratio of 2.05 and a quick ratio of 1.85. The business has a fifty day simple moving average of C$124.40 and a 200 day simple moving average of C$115.95. The firm has a market cap of C$11.36 billion, a price-to-earnings ratio of 75.37, a PEG ratio of 2.17 and a beta of 0.76.

The Descartes Systems Group (TSE:DSG - Get Free Report) NASDAQ: DSGX last announced its earnings results on Wednesday, March 6th. The company reported C$0.50 earnings per share (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 net margin of 20.23% and a return on equity of 9.92%. As a group, equities analysts forecast that The Descartes Systems Group Inc. will post 2.6246523 EPS for the current fiscal year.

Insider Buying and Selling at The Descartes Systems Group

In other The Descartes Systems Group news, Director John Scott Pagan sold 20,597 shares of The Descartes Systems Group stock in a transaction dated Friday, April 12th. The shares were sold at an average price of C$123.16, for a total transaction of C$2,536,726.52. In other The Descartes Systems Group news, Senior Officer Allan Brett sold 12,505 shares of the stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of C$126.64, for a total transaction of C$1,583,633.20. Also, Director John Scott Pagan sold 20,597 shares of the business's stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of C$123.16, for a total transaction of C$2,536,726.52. In the last quarter, insiders sold 57,195 shares of company stock worth $7,095,062. Insiders own 0.02% of the company's stock.

About The Descartes Systems Group

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.