$0.09 EPS Expected for Descartes Systems Group Inc (USA) (DSGX)

November 18, 2017 – By Adrian Mccoy

Analysts await Descartes Systems Group Inc (USA) (NASDAQ:DSGX) to report earnings on November, 29 after the close. They expect $0.09 EPS, up 12.50 % or $0.01 from last year’s $0.08 per share. DSGX’s profit will be $6.89 million for 83.06 P/E if the $0.09 EPS becomes a reality. After $0.09 actual EPS reported by Descartes Systems Group Inc (USA) for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. The stock decreased 0.33% or $0.1 on November 17, reaching $29.9. About 27,859 shares traded. Descartes Systems Group Inc (USA) (NASDAQ:DSGX) has risen 29.29% since November 18, 2016 and is uptrending. It has outperformed by 12.59% the S&P500.

Descartes Systems Group Inc (USA) (NASDAQ:DSGX) Ratings Coverage

Among 8 analysts covering Descartes Systems Group (NASDAQ:DSGX), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Descartes Systems Group had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by TD Securities on Monday, May 29. Barclays Capital maintained it with “Overweight” rating and $20 target in Friday, September 11 report. The firm has “Outperform” rating given on Monday, November 30 by RBC Capital Markets. As per Thursday, August 31, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, August 15. The rating was maintained by RBC Capital Markets on Friday, September 9 with “Outperform”. The firm earned “Buy” rating on Tuesday, November 7 by RBC Capital Markets. RBC Capital Markets maintained the shares of DSGX in report on Friday, May 26 with “Buy” rating. The firm earned “Sector Outperform” rating on Wednesday, October 19 by IBC. The rating was maintained by Barclays Capital with “Overweight” on Friday, December 4.

Descartes Systems Group Inc is a Canada global well-known provider of federated network and global logistics technology solutions that help its clients make and receive shipments and manage related resources. The company has market cap of $2.29 billion. The Company’s network 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. It has a 87.91 P/E ratio. The Company’s solutions include Logistics Technology Platform that fuses the Descartes Global Logistics Network (Descartes GLN); customs and regulatory compliance; routing, mobile and telematics; global logistics network services; transportation management, and broker and forwarder enterprise systems.

Another recent and important Descartes Systems Group Inc (USA) (NASDAQ:DSGX) news was published by Seekingalpha.com which published an article titled: “Descartes Systems Group Acquires MacroPoint For Transportation Network” on August 15, 2017.