Dexterra Group (TSE:DXT) Reaches New 1-Year High – Should You Buy?

Shares of Dexterra Group Inc. (TSE:DXT) hit a new 52-week high during trading on Thursday . The stock traded as high as C$12.28 and last traded at C$12.24, with a volume of 16662 shares traded. The stock had previously closed at C$12.08.

Analyst Upgrades and Downgrades

Separately, National Bankshares lifted their price target on shares of Dexterra Group from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$12.31.

Dexterra Group Stock Up 1.9%

The firm has a market cap of C$766.16 million, a P/E ratio of 19.23, a price-to-earnings-growth ratio of 0.90 and a beta of 0.41. The stock’s 50 day simple moving average is C$11.53 and its 200 day simple moving average is C$10.31. The company has a debt-to-equity ratio of 42.46, a quick ratio of 1.28 and a current ratio of 1.46.

Dexterra Group (TSE:DXT) last released its quarterly earnings data on Tuesday, November 4th. The company reported C$0.21 earnings per share for the quarter. Dexterra Group had a net margin of 1.24% and a return on equity of 4.53%. Research analysts anticipate that Dexterra Group Inc. will post 0.7094298 EPS for the current year.

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.