The Descartes Systems Group (DSG) to Release Earnings on Tuesday

The Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) is set to release its earnings data after the market closes on Tuesday, December 3rd. Analysts expect The Descartes Systems Group to post earnings of C$0.59 per share for the quarter.

The Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last issued its quarterly earnings data on Wednesday, September 4th. The company reported C$0.55 EPS for the quarter, missing the consensus estimate of C$0.59 by C($0.04). The firm had revenue of C$223.45 million for the quarter, compared to analysts’ expectations of C$217.69 million. The Descartes Systems Group had a net margin of 21.03% and a return on equity of 10.28%.

The Descartes Systems Group Stock Performance

The Descartes Systems Group stock opened at C$163.51 on Tuesday. The Descartes Systems Group has a 1-year low of C$105.80 and a 1-year high of C$164.92. The company has a current ratio of 1.79, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of C$13.98 billion, a PE ratio of 82.57, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74. The firm’s 50 day simple moving average is C$146.62 and its 200 day simple moving average is C$137.93.

Insider Activity

In other The Descartes Systems Group news, Senior Officer Andrew Roszko sold 22,900 shares of the stock in a transaction on Friday, September 27th. The shares were sold at an average price of C$140.45, for a total transaction of C$3,216,305.00. Also, Senior Officer Kenneth Edward Wood sold 10,079 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of C$131.82, for a total transaction of C$1,328,613.78. 0.02% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on DSG shares. Barclays raised shares of The Descartes Systems Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 15th. National Bank Financial upgraded The Descartes Systems Group to a “strong-buy” rating in a research note on Wednesday, September 25th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$89.67.

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.