Dexterra Group Inc. Forecasted to Earn Q3 2024 Earnings of $0.17 Per Share (TSE:DXT)

Dexterra Group Inc. (TSE:DXT) – National Bank Financial boosted their Q3 2024 earnings per share estimates for shares of Dexterra Group in a note issued to investors on Wednesday, August 7th. National Bank Financial analyst Z. Evershed now anticipates that the company will post earnings of $0.17 per share for the quarter, up from their prior estimate of $0.13. The consensus estimate for Dexterra Group’s current full-year earnings is $0.51 per share. National Bank Financial also issued estimates for Dexterra Group’s FY2024 earnings at $0.54 EPS and FY2025 earnings at $0.57 EPS.

Several other equities analysts have also recently weighed in on the company. Raymond James lifted their price target on Dexterra Group from C$8.00 to C$8.50 in a research report on Thursday. Scotiabank cut their target price on Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating for the company in a research note on Friday, May 17th. Finally, TD Securities upped their price target on Dexterra Group from C$5.50 to C$6.00 and gave the company a “hold” rating in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$7.75.

Dexterra Group Trading Down 1.0 %

Shares of DXT stock opened at C$5.86 on Friday. The stock has a market capitalization of C$375.92 million, a price-to-earnings ratio of 14.29, a PEG ratio of 0.90 and a beta of 1.00. The company’s fifty day simple moving average is C$5.49 and its two-hundred day simple moving average is C$5.67. Dexterra Group has a 1 year low of C$5.13 and a 1 year high of C$6.35. The company has a debt-to-equity ratio of 52.20, a current ratio of 1.39 and a quick ratio of 1.28.

Dexterra Group (TSE:DXT) last announced its quarterly earnings results on Tuesday, May 14th. The company reported C$0.07 EPS for the quarter, meeting analysts’ consensus estimates of C$0.07. The company had revenue of C$231.64 million for the quarter, compared to analysts’ expectations of C$279.35 million. Dexterra Group had a net margin of 1.62% and a return on equity of 9.42%.

Dexterra Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.087 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.94%. Dexterra Group’s dividend payout ratio (DPR) is presently 85.37%.

Insider Transactions at Dexterra Group

In related news, Director Mary Garden purchased 4,694 shares of the business’s stock in a transaction on Wednesday, May 22nd. The stock was acquired at an average price of C$5.40 per share, with a total value of C$25,347.60. In related news, Director Mary Garden acquired 4,694 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The stock was bought at an average cost of C$5.40 per share, with a total value of C$25,347.60. Also, Senior Officer Mark Alan Becker bought 20,000 shares of Dexterra Group stock in a transaction that occurred on Tuesday, May 21st. The stock was purchased at an average cost of C$5.48 per share, for a total transaction of C$109,500.00. Over the last 90 days, insiders acquired 37,737 shares of company stock valued at $205,740. 51.53% of the stock is owned by corporate insiders.

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.