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 firm’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of C$123.16, for a total transaction of C$2,536,726.52.

The Descartes Systems Group Stock Performance

Shares of DSG stock opened at C$124.64 on Thursday. The company has a quick ratio of 1.85, a current ratio of 2.05 and a debt-to-equity ratio of 0.56. The company has a 50 day moving average price of C$121.56 and a 200-day moving average price of C$113.29. The Descartes Systems Group Inc. has a 52 week low of C$95.03 and a 52 week high of C$127.91. The firm has a market capitalization of C$10.62 billion, a PE ratio of 70.42, a P/E/G ratio of 2.17 and a beta of 0.76.

The Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) last issued its earnings results on Wednesday, March 6th. The company reported C$0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.41 by C$0.09. The company had revenue of C$200.32 million for the quarter, compared to analysts’ expectations of C$197.20 million. The Descartes Systems Group had a net margin of 20.23% and a return on equity of 9.92%. As a group, equities research analysts expect that The Descartes Systems Group Inc. will post 2.6246523 earnings per share for the current year.

Analyst Ratings Changes

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

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.