Q3 2023 EPS Estimates for The Descartes Systems Group Inc. Reduced by William Blair (TSE:DSG)

The Descartes Systems Group Inc. (TSE:DSG – Get Rating) (NASDAQ:DSGX) – Equities researchers at William Blair decreased their Q3 2023 earnings per share (EPS) estimates for shares of The Descartes Systems Group in a note issued to investors on Wednesday, June 1st. William Blair analyst M. Pfau now anticipates that the company will earn $0.34 per share for the quarter, down from their previous estimate of $0.37. William Blair also issued estimates for The Descartes Systems Group’s Q4 2023 earnings at $0.35 EPS and FY2023 earnings at $1.38 EPS.

Shares of TSE DSG opened at C$79.15 on Monday. The firm has a 50 day moving average of C$80.65 and a 200 day moving average of C$89.96. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of C$6.71 billion and a price-to-earnings ratio of 59.38. The Descartes Systems Group has a 12-month low of C$72.94 and a 12-month high of C$115.29.

In related news, Senior Officer Christopher Jones sold 12,172 shares of the business’s stock in a transaction that occurred on Wednesday, March 30th. The shares were sold at an average price of C$93.99, for a total transaction of C$1,144,015.85. Following the completion of the sale, the insider now directly owns 42,384 shares in the company, valued at C$3,983,566.20.

The Descartes Systems Group Company Profile (Get Rating)

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.

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