Descartes Systems Group (DSG) Announces Quarterly Earnings Results, Hits Estimates
Descartes Systems Group (TSE:DSG) issued its quarterly earnings data on Thursday. The company reported $0.06 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.06, AnalystRatingsNetwork.com reports.
Descartes Systems Group (TSE:DSG) opened at 14.59 on Thursday. Descartes Systems Group has a 52-week low of $10.55 and a 52-week high of $17.02. The stock’s 50-day moving average is $14.60 and its 200-day moving average is $14.. The company has a market cap of $928.8 million and a P/E ratio of 90.56.
On a related note, analysts at TD Securities raised their price target on shares of Descartes Systems Group from C$15.00 to C$17.00 in a research note on Friday, March 7th. They now have a “buy” rating on the stock. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of C$16.60.
The Descartes Systems Group Inc (TSE:DSG) is a global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources.
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