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

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

The Descartes Systems Group Stock Up 4.4 %

TSE:DSG opened at C$125.70 on Wednesday. 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 stock has a fifty day simple moving average of C$121.29 and a 200-day simple moving average of C$113.03. The company has a market cap of C$10.71 billion, a price-to-earnings ratio of 71.02, a price-to-earnings-growth ratio of 2.17 and a beta of 0.76. The Descartes Systems Group Inc. has a twelve month low of C$95.03 and a twelve month high of C$127.91.

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

Analysts Set New Price Targets

DSG has been the subject of several recent analyst reports. Royal Bank of Canada upped their price target on The Descartes Systems Group from C$100.00 to C$110.00 and gave the stock an “outperform” rating in a research note on Thursday, March 7th. Barclays raised 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. Finally, William Blair reissued an “outperform” rating on shares of The Descartes Systems Group in a report on Monday, April 1st.

The Descartes Systems Group Company Profile

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.