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

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

Analyst Upgrades and Downgrades

DXT has been the topic of a number of research reports. National Bank Financial increased their price objective on shares of Dexterra Group from C$16.50 to C$20.50 and gave the company an “outperform” rating in a research note on Tuesday. ATB Cormark Capital Markets lifted their target price on shares of 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 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$17.17.

Dexterra Group Stock Performance

The company has a market capitalization of C$986.80 million, a price-to-earnings ratio of 21.66, a PEG ratio of 0.90 and a beta of 0.39. The stock has a fifty day moving average price of C$13.59 and a two-hundred day moving average price of C$12.86. The company has a quick ratio of 1.28, a current ratio of 1.42 and a debt-to-equity ratio of 85.07.

Dexterra Group (TSE:DXT) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$0.19 earnings per share (EPS) 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, analysts forecast 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.