Published On: Mon, Sep 12th, 2016

Descartes Systems Group Inc to Post Q3 2017 Earnings of $0.10 Per Share, Beacon Securities Forecasts (DSG)

Descartes Systems Group Inc (TSE:DSG) – Investment analysts at Beacon Securities reduced their Q3 2017 earnings per share estimates for shares of Descartes Systems Group in a research note issued on Thursday. Beacon Securities analyst G. Leung now anticipates that the brokerage will post earnings per share of $0.10 for the quarter, down from their previous estimate of $0.12. Beacon Securities has a “Hold” rating on the stock. Beacon Securities also issued estimates for Descartes Systems Group’s Q4 2017 earnings at $0.12 EPS, FY2017 earnings at $0.41 EPS and FY2018 earnings at $0.50 EPS.
A number of other research firms have also recently commented on DSG. Royal Bank Of Canada restated an “outperform” rating and set a C$30.00 target price (up from C$29.00) on shares of Descartes Systems Group in a research report on Tuesday, September 6th. Scotiabank reaffirmed an “outperform” rating and issued a C$29.00 price target on shares of Descartes Systems Group in a research note on Wednesday, August 31st. Finally, Barclays PLC raised their price target on shares of Descartes Systems Group from C$30.00 to C$31.00 and gave the company an “overweight” rating in a research note on Friday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Descartes Systems Group presently has an average rating of “Buy” and an average price target of C$30.50.
Descartes Systems Group (TSE:DSG) opened at 26.95 on Monday. The company has a market cap of $2.04 billion and a PE ratio of 92.93. The stock’s 50 day moving average price is $26.89 and its 200-day moving average price is $25.18. Descartes Systems Group has a 1-year low of $20.94 and a 1-year high of $28.81.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

About Descartes Systems Group
The Descartes Systems Group Inc (Descartes) is a global provider of on-demand, cloud-based software-as-a-service (SaaS) solutions. The Company is focused on logistics and supply chain management business processes. Customers use its modular, SaaS solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; file customs and security documents for imports and exports; research and perform trade tariff and duty calculations and complete other logistics processes.

Receive News & Ratings for Descartes Systems Group Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Descartes Systems Group Inc and related companies with’s FREE daily email newsletter.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>