Dexterra Group (TSE:DXT) Sets New 12-Month High – Still a Buy?

Dexterra Group Inc. (TSE:DXT)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$14.41 and last traded at C$14.32, with a volume of 56555 shares changing hands. The stock had previously closed at C$14.07.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets increased their price target on Dexterra Group from C$14.25 to C$19.50 and gave the company 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 given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$15.83.

Dexterra Group Price Performance

The stock has a market capitalization of C$893.80 million, a P/E ratio of 19.62, a price-to-earnings-growth ratio of 0.90 and a beta of 0.39. The company has a debt-to-equity ratio of 85.07, a current ratio of 1.42 and a quick ratio of 1.28. The company’s 50-day simple moving average is C$13.20 and its 200-day simple moving average is C$12.70.

Dexterra Group (TSE:DXT) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.19 EPS for the quarter. The company had revenue of C$275.47 million during the quarter. Dexterra Group had a net margin of 4.22% and a return on equity of 16.00%. As a group, sell-side analysts expect that Dexterra Group Inc. will post 0.7094298 EPS for the current fiscal year.

Dexterra Group Company Profile

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.