Dexterra Group (TSE:DXT) Hits New 12-Month High – What’s Next?

Dexterra Group Inc. (TSE:DXT – Get Free Report)’s share price reached a new 52-week high during trading on Thursday. The company traded as high as C$19.77 and last traded at C$19.40, with a volume of 64,675 shares traded. The stock had previously closed at C$19.75.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DXT. Scotia lifted their price target on Dexterra Group from C$14.00 to C$14.50 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. ATB Cormark Capital Markets increased their price objective on Dexterra Group from C$19.50 to C$25.00 and gave the stock an “outperform” rating in a report on Tuesday, October 13th. Canaccord Genuity Group increased their price objective on Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a report on Friday, July 24th. National Bank Financial raised their target price on Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. Finally, Raymond James Financial lifted their target price on Dexterra Group from C$18.50 to C$20.00 and gave the company an “outperform” rating in a report on Thursday, September 24th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$20.20.

Get Our Latest Stock Report on DXT

Dexterra Group Trading Up 0.2%

The company has a debt-to-equity ratio of 76.31, a current ratio of 1.32 and a quick ratio of 1.28. The stock has a market cap of C$1.23 billion, a P/E ratio of 28.49, a PEG ratio of 0.90 and a beta of -0.05. The firm’s fifty day moving average price is C$16.45 and its two-hundred day moving average price is C$14.01.

Dexterra Group (TSE:DXT – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The company reported C$0.28 earnings per share (EPS) for the quarter. Dexterra Group had a return on equity of 15.18% and a net margin of 4.01%. The company had revenue of C$291.23 million during the quarter. As a group, equities research analysts forecast that Dexterra Group Inc. will post 0.71 EPS for the current year.

Dexterra Group Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Dexterra Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dexterra Group and related companies with MarketBeat.com's FREE daily email newsletter.