Dexterra Group (TSE:DXT) Stock Price Expected to Rise, ATB Cormark Capital Markets Analyst Says

Dexterra Group (TSE:DXT) had its target price increased by stock analysts at ATB Cormark Capital Markets from C$12.00 to C$13.75 in a report issued on Thursday, Marketbeat.com reports. The firm currently has a “moderate buy” rating on the stock. ATB Cormark Capital Markets’ price objective would suggest a potential upside of 6.75% from the stock’s current price.

Separately, Canaccord Genuity Group raised shares of Dexterra Group to a “strong-buy” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Dexterra Group presently has an average rating of “Buy” and a consensus target price of C$13.92.

Dexterra Group Trading Up 1.9%

Shares of DXT opened at C$12.88 on Thursday. The firm’s 50 day simple moving average is C$12.79 and its 200 day simple moving average is C$11.31. The company has a market capitalization of C$801.64 million, a P/E ratio of 20.13, a P/E/G ratio of 0.90 and a beta of 0.17. Dexterra Group has a 1-year low of C$6.88 and a 1-year high of C$13.93. The company has a debt-to-equity ratio of 78.68, a current ratio of 1.23 and a quick ratio of 1.28.

Dexterra Group (TSE:DXT) last issued its earnings results on Tuesday, March 3rd. The company reported C$0.12 EPS for the quarter. The company had revenue of C$270.95 million for the quarter. Dexterra Group had a net margin of 3.89% and a return on equity of 14.45%. Sell-side analysts forecast that Dexterra Group will post 0.7094298 earnings per share for the current fiscal year.

About Dexterra Group

Dexterra Group is a publicly listed corporation delivering a range of support services for the creation, management, and operation of infrastructure across Canada. Powered by people, we bring best-in-class regional expertise to every challenge and deliver innovative solutions, giving clients confidence in their day-to-day operations. Our activities include a comprehensive range of facilities management services, industry-leading workforce accommodation solutions, innovative modular building capabilities and other support services for diverse clients in the public and private sectors.