The Descartes Systems Group (TSE:DSG) Hits New 12-Month High at $133.18

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

Analyst Upgrades and Downgrades

A number of research firms recently commented on DSG. William Blair reissued an “outperform” rating on shares of The Descartes Systems Group in a research note on Monday, April 1st. Royal Bank of Canada increased their target price on 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. Finally, Barclays raised their price objective on The Descartes Systems Group from C$71.00 to C$75.00 and gave the company an “underweight” rating in a research note on Tuesday, February 20th.

The Descartes Systems Group Stock Down 0.3 %

The stock has a 50 day moving average price of C$125.40 and a 200-day moving average price of C$116.44. The stock has a market capitalization of C$11.38 billion, a P/E ratio of 75.49, a PEG ratio of 2.17 and a beta of 0.76. 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 Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last posted 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 analyst estimates 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, research analysts expect that The Descartes Systems Group Inc. will post 2.6246523 EPS for the current fiscal year.

Insider Transactions at The Descartes Systems Group

In other news, Director John Scott Pagan sold 20,597 shares of the 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, Director John Scott Pagan sold 20,597 shares of the firm’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of C$123.16, for a total value of C$2,536,726.52. Also, Senior Officer Christopher Jones sold 12,937 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of C$124.38, for a total transaction of C$1,609,104.06. Over the last ninety days, insiders sold 57,195 shares of company stock worth $7,095,062. 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.