Dexterra Group (TSE:DXT) Reaches New 1-Year High – Here’s Why

Dexterra Group Inc. (TSE:DXTGet Free Report) reached a new 52-week high on Monday . The company traded as high as C$15.73 and last traded at C$15.53, with a volume of 3223 shares. The stock had previously closed at C$15.49.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets raised their price objective on Dexterra Group from C$14.25 to C$19.50 and gave the company an “outperform” rating in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$15.83.

Read Our Latest Report on Dexterra Group

Dexterra Group Trading Up 0.8%

The firm’s 50 day moving average is C$13.48 and its 200 day moving average is C$12.80. The firm has a market capitalization of C$974.94 million, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 0.90 and a beta of 0.39. The company has a quick ratio of 1.28, a current ratio of 1.42 and a debt-to-equity ratio of 85.07.

Dexterra Group (TSE:DXTGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported C$0.19 earnings per share (EPS) for the quarter. Dexterra Group had a return on equity of 16.00% and a net margin of 4.22%.The business had revenue of C$275.47 million for the quarter. Equities analysts forecast that Dexterra Group Inc. will post 0.7094298 earnings per share for the current year.

Dexterra Group Company Profile

(Get Free Report)

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.

Further Reading

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