The Descartes Systems Group (DSG) Scheduled to Post Quarterly Earnings on Tuesday

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

The Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last released its quarterly earnings results 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 Descartes Systems Group had a net margin of 21.03% and a return on equity of 10.28%. The business had revenue of C$223.45 million during the quarter, compared to analyst estimates of C$217.69 million.

The Descartes Systems Group Trading Up 0.2 %

Shares of DSG opened at C$165.10 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.79 and a quick ratio of 1.85. The Descartes Systems Group has a 1-year low of C$105.80 and a 1-year high of C$166.38. The stock has a market cap of C$14.11 billion, a price-to-earnings ratio of 82.96, a price-to-earnings-growth ratio of 2.39 and a beta of 0.74. The firm has a 50 day simple moving average of C$149.59 and a 200-day simple moving average of C$139.00.

Insiders Place Their Bets

In other news, Senior Officer Andrew Roszko sold 22,900 shares of the stock in a transaction dated 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 that occurred on 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 owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on DSG. Barclays raised The Descartes Systems Group from a “strong sell” rating to a “hold” rating in a research report on Friday, November 15th. National Bank Financial upgraded The Descartes Systems Group to a “strong-buy” rating in a research report on Wednesday, September 25th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.