Dexterra Group (TSE:DXT) Hits New 12-Month High – What’s Next?

Dexterra Group Inc. (TSE:DXT)’s share price reached a new 52-week high on Monday . The stock traded as high as C$15.73 and last traded at C$15.53, with a volume of 3223 shares changing hands. The stock had previously closed at C$15.49.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets raised their price target on Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Dexterra Group presently has a consensus rating of “Buy” and a consensus target price of C$15.83.

Dexterra Group Trading Up 0.8%

The firm has a market capitalization of C$974.94 million, a price-to-earnings ratio of 21.40, a P/E/G ratio of 0.90 and a beta of 0.39. The company has a debt-to-equity ratio of 85.07, a quick ratio of 1.28 and a current ratio of 1.42. The business has a fifty day moving average price of C$13.48 and a 200 day moving average price of C$12.80.

Dexterra Group (TSE:DXT) last released its quarterly earnings data on Wednesday, May 6th. The company reported C$0.19 earnings per share for the quarter. The business had revenue of C$275.47 million for the quarter. Dexterra Group had a return on equity of 16.00% and a net margin of 4.22%. As a group, equities analysts forecast that Dexterra Group Inc. will post 0.7094298 earnings per share for the current year.

About Dexterra Group

Dexterra employs more than 9,000 people, delivering a range of support services for the creation, management, and operation of infrastructure across Canada and the U.S. Powered by people, Dexterra brings best-in-class regional expertise to every challenge and delivers innovative solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of integrated facilities management services, industry-leading workforce accommodation solutions, and other support services for diverse clients in the public and private sectors.