Dexterra Group (TSE:DXT) Given New C$11.00 Price Target at Raymond James

Dexterra Group (TSE:DXT) had its target price raised by equities research analysts at Raymond James from C$8.50 to C$11.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ price objective indicates a potential upside of 35.47% from the stock’s current price.

Dexterra Group Stock Performance

Shares of DXT stock traded up C$0.05 during trading on Thursday, hitting C$8.12. The company’s stock had a trading volume of 2,421 shares, compared to its average volume of 44,662. The business has a fifty day moving average of C$7.63 and a 200-day moving average of C$6.77. The company has a current ratio of 1.52, a quick ratio of 1.28 and a debt-to-equity ratio of 55.43. Dexterra Group has a 52 week low of C$5.13 and a 52 week high of C$8.34. The company has a market cap of C$519.68 million, a PE ratio of 17.65, a P/E/G ratio of 0.90 and a beta of 1.02.

Dexterra Group (TSE:DXT) last posted its quarterly earnings data on Tuesday, November 5th. The company reported C$0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.20 by C$0.01. Dexterra Group had a net margin of 1.61% and a return on equity of 10.48%. During the same quarter in the prior year, the firm earned $0.21 earnings per share. As a group, research analysts anticipate that Dexterra Group will post 0.7094298 earnings per share for the current year.

Insider Activity

In other news, Senior Officer Mark Alan Becker acquired 7,704 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was bought at an average cost of C$6.49 per share, for a total transaction of C$49,998.96. Also, Director Mary Garden bought 3,700 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The shares were purchased at an average cost of C$7.83 per share, for a total transaction of C$28,971.00. Insiders have acquired a total of 12,404 shares of company stock valued at $85,300 over the last quarter. Company insiders own 51.55% of the company’s stock.

About Dexterra Group

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.