Dexterra Group (TSE:DXT) Issues Quarterly Earnings Results

Dexterra Group (TSE:DXT) posted its quarterly earnings data on Wednesday. The company reported C$0.19 EPS for the quarter, FiscalAI reports. The business had revenue of C$275.47 million for the quarter. Dexterra Group had a net margin of 3.89% and a return on equity of 14.45%.

Dexterra Group Stock Up 0.3%

DXT stock traded up C$0.03 during midday trading on Wednesday, hitting C$12.01. The company’s stock had a trading volume of 24,021 shares, compared to its average volume of 37,819. 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 has a twelve month low of C$8.25 and a twelve month high of C$13.93. The company’s fifty day moving average price is C$12.16 and its 200 day moving average price is C$12.00. The stock has a market capitalization of C$749.58 million, a P/E ratio of 18.48, a PEG ratio of 0.90 and a beta of 0.26.

Dexterra Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.3%. The ex-dividend date was Tuesday, March 31st. Dexterra Group’s payout ratio is presently 57.69%.

Analyst Ratings Changes

Several equities research analysts recently commented on DXT shares. Canaccord Genuity Group raised shares of Dexterra Group to a “strong-buy” rating in a research report on Tuesday, February 17th. National Bank Financial lifted their price target on shares of Dexterra Group from C$15.50 to C$16.50 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Finally, ATB Cormark Capital Markets lifted their price target on shares of Dexterra Group from C$12.00 to C$13.75 and gave the company a “moderate buy” rating in a research note on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$13.92.

Dexterra Group Company Profile

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.