Dexterra Group (TSE:DXT) Announces Quarterly Earnings Results

Dexterra Group (TSE:DXT) announced its quarterly earnings data on Tuesday. The company reported C$0.20 earnings per share for the quarter, FiscalAI reports. Dexterra Group had a net margin of 4.22% and a return on equity of 16.00%. The business had revenue of C$269.21 million for the quarter.

Dexterra Group Stock Performance

Shares of TSE:DXT traded up C$0.14 during midday trading on Tuesday, reaching C$15.72. 19,900 shares of the company’s stock traded hands, compared to its average volume of 41,282. Dexterra Group has a one year low of C$8.93 and a one year high of C$16.08. The stock has a 50 day moving average of C$14.06 and a 200 day moving average of C$13.09. The company has a market cap of C$981.18 million, a price-to-earnings ratio of 21.53, a P/E/G ratio of 0.90 and a beta of 0.39. The company has a debt-to-equity ratio of 85.07, a quick ratio of 1.28 and a current ratio of 1.42.

Analysts Set New Price Targets

A number of brokerages have recently commented on DXT. ATB Cormark Capital Markets boosted their price target on Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a research report on Wednesday, June 24th. Canaccord Genuity Group boosted their target price on Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, National Bank Financial raised their price target on Dexterra Group from C$16.50 to C$20.50 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$18.12.

About Dexterra Group

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.