The Descartes Systems Group - DSG Stock Forecast, Price & News

The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management business process solutions that focuses on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. Its Logistics Technology platform offers a range of modular, cloud-based, and interoperable web and wireless logistics management applications, which unites a community of logistics-focused parties, allowing them to transact business. The company provides a suite of solutions that include routing, mobile and telematics; transportation management and e-commerce enablement; customs and regulatory compliance; trade data; global logistics network services; and broker and forwarder enterprise systems. It offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. The company also provides cloud-based ecommerce warehouse management solutions; consulting, implementation, and training services; and maintenance and support services. It primarily focuses on serving transportation providers, logistics service providers, and distribution-intensive companies, as well as manufacturers, retailers, distributors, and mobile business service providers. The company was incorporated in 1981 and is headquartered in Waterloo, Canada.

The Descartes Systems Group Price Performance

DSG traded up C$0.31 during trading on Wednesday, hitting C$92.39. 55,613 shares of the stock traded hands, compared to its average volume of 182,689. The business has a 50 day moving average price of C$83.19 and a 200 day moving average price of C$84.89. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.97 and a quick ratio of 1.82. The Descartes Systems Group has a twelve month low of C$72.94 and a twelve month high of C$115.29. The company has a market cap of C$7.83 billion and a price-to-earnings ratio of 66.24.

The Descartes Systems Group (TSE:DSG - Get Rating) (NASDAQ:DSGX) last posted its quarterly earnings results on Wednesday, June 1st. The company reported C$0.34 EPS for the quarter, topping analysts' consensus estimates of C$0.33 by C$0.01. The business had revenue of C$147.49 million for the quarter, compared to analyst estimates of C$143.59 million. Equities research analysts forecast that The Descartes Systems Group will post 1.7100001 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director John Joseph Walker purchased 929 shares of The Descartes Systems Group stock in a transaction dated Tuesday, June 14th. The shares were bought at an average cost of C$59.17 per share, for a total transaction of C$54,968.93. Following the purchase, the director now owns 5,429 shares in the company, valued at approximately C$321,233.93.