The Descartes Systems Group Inc. (TSE:DSG) Director John Scott Pagan Sells 20,597 Shares of Stock

The Descartes Systems Group Inc. (TSE:DSG) (NASDAQ:DSGX) Director John Scott Pagan sold 20,597 shares of the stock in a transaction on Friday, April 12th. The stock was sold at an average price of C$123.16, for a total transaction of C$2,536,726.52.

The Descartes Systems Group Price Performance

DSG stock opened at C$125.70 on Wednesday. The firm has a 50 day moving average of C$121.29 and a 200-day moving average of C$113.03. The company has a current ratio of 2.05, a quick ratio of 1.85 and a debt-to-equity ratio of 0.56. The Descartes Systems Group Inc. has a 12 month low of C$95.03 and a 12 month high of C$127.91. The firm has a market capitalization of C$10.71 billion, a P/E ratio of 71.02, a price-to-earnings-growth ratio of 2.17 and a beta of 0.76.

The Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last released its quarterly earnings data on Wednesday, March 6th. The company reported C$0.50 EPS for the quarter, beating analysts’ consensus estimates of C$0.41 by C$0.09. The Descartes Systems Group had a net margin of 20.23% and a return on equity of 9.92%. The company had revenue of C$200.32 million during the quarter, compared to analyst estimates of C$197.20 million. As a group, sell-side analysts predict that The Descartes Systems Group Inc. will post 2.6246523 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on DSG shares. Royal Bank of Canada increased their target price on shares of The Descartes Systems Group from C$100.00 to C$110.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. William Blair reiterated an “outperform” rating on shares of The Descartes Systems Group in a report on Monday, April 1st. Finally, Barclays increased their target price on shares of The Descartes Systems Group from C$71.00 to C$75.00 and gave the company an “underweight” rating in a report on Tuesday, February 20th.

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.