Dexterra Group (TSE:DXT) Issues Earnings Results

Dexterra Group (TSE:DXT) announced its quarterly earnings results on Wednesday. The company reported C$0.28 EPS for the quarter, FiscalAI reports. The company had revenue of C$291.23 million during the quarter. Dexterra Group had a return on equity of 15.18% and a net margin of 4.01%.

Dexterra Group Stock Up 0.8%

TSE DXT opened at C$19.75 on Thursday. The stock has a market cap of C$1.23 billion, a PE ratio of 28.62, a P/E/G ratio of 0.90 and a beta of 0.06. Dexterra Group has a fifty-two week low of C$10.26 and a fifty-two week high of C$19.88. The business has a 50 day moving average price of C$16.21 and a two-hundred day moving average price of C$13.95. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 76.31.

Analyst Upgrades and Downgrades

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

Dexterra Group Company Profile

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.