Dexterra Group (TSE:DXT) Reaches New 12-Month High – Should You Buy?

Shares of Dexterra Group Inc. (TSE:DXT) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$11.49 and last traded at C$11.48, with a volume of 8699 shares trading hands. The stock had previously closed at C$11.33.

Analyst Upgrades and Downgrades

Several research firms recently commented on DXT. ATB Capital raised their target price on Dexterra Group from C$10.75 to C$11.75 and gave the stock an “outperform” rating in a report on Thursday, August 7th. Scotiabank set a C$11.50 price objective on shares of Dexterra Group and gave the stock a “hold” rating in a research note on Tuesday, September 9th. Finally, National Bankshares lifted their target price on shares of Dexterra Group from C$14.00 to C$15.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$12.31.

Dexterra Group Stock Up 2.8%

The stock has a market cap of C$725.08 million, a price-to-earnings ratio of 18.20, a PEG ratio of 0.90 and a beta of 0.26. The business’s 50 day moving average is C$10.10 and its 200-day moving average is C$9.57. The company has a debt-to-equity ratio of 42.46, a quick ratio of 1.28 and a current ratio of 1.46.

Dexterra Group (TSE:DXT) last posted its quarterly earnings data on Tuesday, November 4th. The company reported C$0.21 earnings per share (EPS) for the quarter. Dexterra Group had a net margin of 1.24% and a return on equity of 4.53%. On average, sell-side analysts predict that Dexterra Group Inc. will post 0.7094298 EPS for the current fiscal year.

Dexterra Group Company Profile

Dexterra Group is a publicly listed corporation delivering a range of support services for the creation, management, and operation of infrastructure across Canada. Powered by people, we bring best-in-class regional expertise to every challenge and deliver innovative solutions, giving clients confidence in their day-to-day operations.