Dexterra Group (TSE:DXT) Hits New 12-Month High at $6.74

Shares of Dexterra Group Inc. (TSE:DXT) reached a new 52-week high during trading on Monday . The stock traded as high as C$6.74 and last traded at C$6.67, with a volume of 3335 shares changing hands. The stock had previously closed at C$6.69.

Analyst Ratings Changes

Several equities analysts have issued reports on DXT shares. TD Securities lifted their price target on shares of Dexterra Group from C$5.50 to C$6.00 and gave the stock a “hold” rating in a report on Wednesday, August 7th. Raymond James increased their price objective on shares of Dexterra Group from C$8.00 to C$8.50 in a research report on Thursday, August 8th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Dexterra Group currently has an average rating of “Moderate Buy” and an average target price of C$7.75.

Dexterra Group Stock Up 0.4 %

The company has a debt-to-equity ratio of 55.43, a current ratio of 1.52 and a quick ratio of 1.28. The firm has a market capitalization of C$430.08 million, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 0.90 and a beta of 1.00. The business has a fifty day moving average price of C$5.95 and a two-hundred day moving average price of C$5.74.

Dexterra Group (TSE:DXT) last released its quarterly earnings data on Tuesday, August 6th. The company reported C$0.19 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.11 by C$0.08. The business had revenue of C$253.62 million during the quarter, compared to analyst estimates of C$238.37 million. Dexterra Group had a return on equity of 10.48% and a net margin of 1.61%. On average, equities analysts expect that Dexterra Group Inc. will post 0.6902287 earnings per share for the current year.

Dexterra Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.087 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.18%. Dexterra Group’s dividend payout ratio (DPR) is currently 76.09%.

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.