Dexterra Group (TSE:DXT) Hits New 1-Year High at $6.45

Shares of Dexterra Group Inc. (TSE:DXT) reached a new 52-week high during trading on Wednesday . The company traded as high as C$6.45 and last traded at C$6.42, with a volume of 31379 shares. The stock had previously closed at C$6.10.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. TD Securities lifted their price target on shares of Dexterra Group from C$5.50 to C$6.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Raymond James lifted their price target on shares of Dexterra Group from C$8.00 to C$8.50 in a research note on Thursday, August 8th. Finally, Scotiabank dropped their price target on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating for the company in a research note on Friday, May 17th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$7.75.

Dexterra Group Price Performance

The firm has a market cap of C$407.68 million, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 0.90 and a beta of 1.00. The stock’s 50 day simple moving average is C$5.81 and its 200-day simple moving average is C$5.71. The company has a debt-to-equity ratio of 55.43, a quick ratio of 1.28 and a current ratio of 1.52.

Dexterra Group (TSE:DXT) last posted its quarterly earnings data on Tuesday, August 6th. The company reported C$0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.11 by C$0.08. The business had revenue of C$253.62 million for the quarter, compared to the consensus estimate of C$238.37 million. Dexterra Group had a net margin of 1.61% and a return on equity of 10.48%. Equities research analysts anticipate that Dexterra Group Inc. will post 0.5954416 EPS for the current fiscal year.

Dexterra Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a $0.087 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.35 dividend on an annualized basis and a yield of 5.46%. Dexterra Group’s dividend payout ratio is currently 76.09%.

Dexterra Group Company Profile

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.