Dexterra Group (TSE:DXT) Announces Quarterly Earnings Results

Dexterra Group (TSE:DXT – Get Free Report) posted its earnings results on Wednesday. The company reported C$0.28 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$291.23 million for the quarter. Dexterra Group had a net margin of 4.01% and a return on equity of 15.18%.

Dexterra Group Stock Up 0.8%

DXT stock traded up C$0.15 during mid-day trading on Wednesday, hitting C$19.75. 72,097 shares of the company were exchanged, compared to its average volume of 46,056. The company has a debt-to-equity ratio of 76.31, a quick ratio of 1.28 and a current ratio of 1.32. The firm has a market cap of C$1.23 billion, a P/E ratio of 28.62, a P/E/G ratio of 0.90 and a beta of 0.06. The firm’s 50 day simple moving average is C$16.08 and its 200 day simple moving average is C$13.91. Dexterra Group has a 1-year low of C$10.26 and a 1-year high of C$19.88.

Analysts Set New Price Targets

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

Read Our Latest Analysis on Dexterra Group

About Dexterra Group

(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.

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Earnings History for Dexterra Group (TSE:DXT)

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