Dexterra Group (DXT) Scheduled to Post Quarterly Earnings on Wednesday

Dexterra Group (TSE:DXT) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, August 7th. Analysts expect the company to post earnings of C$0.11 per share for the quarter.

Dexterra Group (TSE:DXT) last released its quarterly earnings results on Tuesday, May 14th. The company reported C$0.07 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.07. Dexterra Group had a net margin of 2.38% and a return on equity of 9.32%. The business had revenue of C$231.64 million during the quarter, compared to analyst estimates of C$279.35 million.

Dexterra Group Stock Performance

Shares of DXT stock opened at C$5.86 on Friday. The company has a debt-to-equity ratio of 40.87, a current ratio of 1.33 and a quick ratio of 1.28. The company’s fifty day moving average price is C$5.44 and its two-hundred day moving average price is C$5.67. The firm has a market capitalization of C$375.92 million, a P/E ratio of 14.29, a P/E/G ratio of 0.90 and a beta of 0.99. Dexterra Group has a 12 month low of C$5.13 and a 12 month high of C$6.35.

Dexterra Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were paid a $0.087 dividend. This represents a $0.35 annualized dividend and a dividend yield of 5.94%. The ex-dividend date was Friday, June 28th. Dexterra Group’s dividend payout ratio (DPR) is 85.37%.

Insider Activity at Dexterra Group

In other Dexterra Group news, Senior Officer Robert Johnston purchased 9,200 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The stock was acquired at an average cost of C$5.45 per share, with a total value of C$50,140.00. In related news, Senior Officer Robert Johnston purchased 9,200 shares of the business’s stock in a transaction that occurred on Wednesday, June 5th. The shares were acquired at an average price of C$5.45 per share, with a total value of C$50,140.00. Also, Senior Officer Mark Alan Becker acquired 20,000 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were bought at an average price of C$5.48 per share, with a total value of C$109,500.00. In the last ninety days, insiders have bought 37,737 shares of company stock valued at $205,740. Corporate insiders own 51.31% of the company’s stock.

Analyst Ratings Changes

DXT has been the topic of several analyst reports. TD Securities dropped their price objective on Dexterra Group from C$6.00 to C$5.50 in a report on Wednesday, July 17th. Scotiabank decreased their price objective on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating for the company in a report on Friday, May 17th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$7.55.

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.