John Scott Pagan Sells 20,597 Shares of The Descartes Systems Group Inc. (TSE:DSG) Stock

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) Director John Scott Pagan sold 20,597 shares of the stock in a transaction on 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.

The Descartes Systems Group Stock Down 0.8 %

The Descartes Systems Group stock opened at C$124.64 on Thursday. The business’s 50-day simple moving average is C$121.56 and its two-hundred day simple moving average is C$113.29. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.85 and a current ratio of 2.05. The company has a market cap of C$10.62 billion, a PE ratio of 70.42, a PEG ratio of 2.17 and a beta of 0.76. The Descartes Systems Group Inc. has a fifty-two week low of C$95.03 and a fifty-two week high of C$127.91.

The Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last released its earnings results on Wednesday, March 6th. The company reported C$0.50 EPS for the quarter, topping analysts’ consensus estimates of C$0.41 by C$0.09. The Descartes Systems Group had a return on equity of 9.92% and a net margin of 20.23%. The firm had revenue of C$200.32 million during the quarter, compared to the consensus estimate of C$197.20 million. Equities analysts anticipate that The Descartes Systems Group Inc. will post 2.6246523 EPS for the current year.

Wall Street Analysts Forecast Growth

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

About The Descartes Systems Group

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.