News stories about The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) have been trending positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. The Descartes Systems Group earned a coverage optimism score of 0.36 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.6567730273134 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of The Descartes Systems Group (NASDAQ DSGX) traded up 0.57% during mid-day trading on Friday, reaching $26.60. The company’s stock had a trading volume of 54,733 shares. The Descartes Systems Group has a 12-month low of $20.16 and a 12-month high of $26.68. The firm’s 50-day moving average price is $25.02 and its 200 day moving average price is $23.55. The firm has a market cap of $2.02 billion, a P/E ratio of 83.12 and a beta of 0.58.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last released its quarterly earnings data on Wednesday, May 31st. The technology company reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by $0.01. The company had revenue of $54.51 million for the quarter, compared to analysts’ expectations of $54.09 million. The Descartes Systems Group had a net margin of 11.80% and a return on equity of 5.78%. On average, analysts expect that The Descartes Systems Group will post $0.42 EPS for the current year.

A number of analysts recently commented on the company. BidaskClub upgraded The Descartes Systems Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 5th. ValuEngine upgraded The Descartes Systems Group from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. BMO Capital Markets reiterated a “market perform” rating and set a $35.00 price objective on shares of The Descartes Systems Group in a research report on Thursday, June 1st. Canaccord Genuity reiterated a “buy” rating and set a $26.00 price objective on shares of The Descartes Systems Group in a research report on Thursday, May 25th. Finally, Zacks Investment Research cut The Descartes Systems Group from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The Descartes Systems Group currently has an average rating of “Buy” and an average target price of $32.44.

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The Descartes Systems Group Company Profile

Descartes Systems Group Inc (Descartes) is a Canada-based global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. The Company’s network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, status messages); regulatory compliance and customs filing; route and resource planning, execution and monitoring; access and leverage global trade and restricted party data; inventory and asset visibility; rate and transportation management, and warehouse operations.

Insider Buying and Selling by Quarter for The Descartes Systems Group (NASDAQ:DSGX)

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