Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX) – Analysts at William Blair lowered their Q3 2018 earnings per share (EPS) estimates for shares of Descartes Systems Group in a note issued to investors on Thursday. William Blair analyst M. Pfau now anticipates that the company will earn $0.12 per share for the quarter, down from their previous estimate of $0.15. William Blair also issued estimates for Descartes Systems Group’s Q4 2018 earnings at $0.13 EPS, FY2018 earnings at $0.47 EPS, Q1 2019 earnings at $0.13 EPS, Q2 2019 earnings at $0.15 EPS, Q3 2019 earnings at $0.15 EPS, Q4 2019 earnings at $0.15 EPS and FY2019 earnings at $0.57 EPS.

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A number of other equities research analysts have also weighed in on the company. Raymond James Financial, Inc. boosted their price target on Descartes Systems Group to C$38.00 and gave the stock an “outperform” rating in a research note on Friday. Barclays PLC boosted their price target on Descartes Systems Group from C$36.00 to C$39.00 in a research note on Thursday. BMO Capital Markets restated a “market perform” rating and set a C$29.00 price target on shares of Descartes Systems Group in a research note on Thursday. Royal Bank Of Canada boosted their price target on Descartes Systems Group to C$40.00 and gave the stock an “outperform” rating in a research note on Friday, September 1st. Finally, TD Securities boosted their price target on Descartes Systems Group to C$39.00 and gave the stock a “buy” rating in a research note on Thursday, June 1st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$35.81.

Shares of Descartes Systems Group (TSE DSG) opened at 34.33 on Monday. The stock’s 50 day moving average is $33.45 and its 200-day moving average is $31.84. The stock has a market cap of $2.61 billion and a P/E ratio of 107.28. Descartes Systems Group has a one year low of $26.45 and a one year high of $35.56.

Descartes Systems Group Company Profile

Descartes Systems Group Inc (Descartes) is a Canada-based global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. Its network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, status messages); regulatory compliance and customs filing; route and resource planning, execution and monitoring; access and leverage global trade and restricted party data; inventory and asset visibility; rate and transportation management, and warehouse operations.

Earnings History and Estimates for Descartes Systems Group (TSE:DSG)

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