BMO Capital Markets set a C$43.00 price objective on Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) in a report issued on Friday morning, BayStreet.CA reports. The firm currently has a market perform rating on the stock.

Separately, Barclays boosted their price target on Descartes Systems Group from C$55.00 to C$61.00 in a research note on Thursday, May 30th.

Shares of DSG stock opened at C$52.52 on Friday. Descartes Systems Group has a fifty-two week low of C$33.96 and a fifty-two week high of C$56.01. The stock has a market cap of $4.29 billion and a PE ratio of 131.30. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.90 and a current ratio of 1.03.

Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last issued its quarterly earnings results on Wednesday, March 6th. The company reported C$0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.15 by C($0.02). The firm had revenue of C$93.89 million during the quarter, compared to analyst estimates of C$93.87 million. Sell-side analysts predict that Descartes Systems Group will post 0.540000003912335 EPS for the current year.

About Descartes Systems Group

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.

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