Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$55.28 and last traded at C$54.81, with a volume of 129395 shares trading hands. The stock had previously closed at C$54.52.
Several equities analysts have recently issued reports on DSG shares. Echelon Wealth Partners reissued a “buy” rating on shares of Descartes Systems Group in a report on Monday, January 28th. BMO Capital Markets set a C$32.00 price objective on Descartes Systems Group and gave the company a “market perform” rating in a report on Thursday, January 31st.
The firm has a market cap of $4.23 billion and a PE ratio of 137.03. The company has a debt-to-equity ratio of 4.77, a current ratio of 1.03 and a quick ratio of 0.90.
Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last released its quarterly earnings results on Wednesday, March 6th. The company reported C$0.13 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.02). The company had revenue of C$93.89 million during the quarter, compared to the consensus estimate of C$93.87 million. Research analysts anticipate that Descartes Systems Group Inc will post 0.540000024013342 earnings per share for the current year.
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Descartes Systems Group Company Profile (TSE:DSG)
The Descartes Systems Group Inc provides federated network and logistics technology solutions worldwide. Its Logistics Application Suite offers a range of modular, cloud-based, and interoperable Web and wireless logistics management applications. The company's Logistics Application Suite offers solutions, such as route planning and execution, mobile applications, and telematics and compliance; transportation management solutions comprising carrier compliance and rate management, freight audit and settlement, dock scheduling and yard management, pool distribution, transportation planning and execution, and logistics flow control, as well as visibility, tracking, and performance management; and global logistics network services, such as document management, community, and connectivity services.
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