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

Dexterra Group Inc. (TSE:DXT)’s share price reached a new 52-week high during mid-day trading on Thursday. The stock traded as high as C$19.77 and last traded at C$19.40, with a volume of 64,675 shares. The stock had previously closed at C$19.75.

Wall Street Analyst Weigh In

DXT has been the topic of several research reports. Raymond James Financial upped their price target on Dexterra Group from C$18.50 to C$20.00 and gave the company an “outperform” rating in a report on Thursday, September 24th. Canaccord Genuity Group raised their price objective on Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Scotia raised their price objective on Dexterra Group from C$14.00 to C$14.50 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. ATB Cormark Capital Markets lifted their target price on Dexterra Group from C$19.50 to C$25.00 and gave the stock an “outperform” rating in a report on Tuesday, October 13th. Finally, National Bank Financial boosted their target price on Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$20.20.

Dexterra Group Stock Down 0.7%

The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 76.31. The firm has a market capitalization of C$1.23 billion, a PE ratio of 28.43, a price-to-earnings-growth ratio of 0.90 and a beta of 0.06. The business’s 50-day moving average price is C$16.21 and its 200-day moving average price is C$13.95.

Dexterra Group (TSE:DXT) last announced its quarterly earnings data on Wednesday, November 4th. The company reported C$0.28 EPS for the quarter. Dexterra Group had a net margin of 4.01% and a return on equity of 15.18%. The firm had revenue of C$291.23 million for the quarter. As a group, equities research analysts predict that Dexterra Group Inc. will post 0.71 EPS for the current fiscal 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.