Dexterra Group (TSE:DXT) Issues Quarterly Earnings Results

Dexterra Group (TSE:DXT) announced its earnings results on Wednesday. The company reported C$0.28 earnings per share for the quarter, FiscalAI reports. Dexterra Group had a return on equity of 15.18% and a net margin of 4.01%. The firm had revenue of C$291.23 million for the quarter.

Dexterra Group Stock Performance

Shares of DXT traded down C$0.23 during trading hours on Friday, reaching C$19.39. 8,550 shares of the company traded hands, compared to its average volume of 46,085. The stock has a market capitalization of C$1.21 billion, a P/E ratio of 28.10, a P/E/G ratio of 0.90 and a beta of -0.05. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 76.31. Dexterra Group has a 12-month low of C$10.27 and a 12-month high of C$19.88. The business has a fifty day moving average price of C$16.33 and a 200-day moving average price of C$13.98.

Wall Street Analyst Weigh In

DXT has been the subject of several recent analyst reports. Raymond James Financial raised their price target on Dexterra Group from C$18.50 to C$20.00 and gave the stock an “outperform” rating in a report on Thursday, September 24th. Scotia upped their price objective on shares of Dexterra Group from C$14.00 to C$14.50 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. ATB Cormark Capital Markets upped their price objective on shares of Dexterra Group from C$19.50 to C$25.00 and gave the company an “outperform” rating in a report on Tuesday, October 13th. National Bank Financial increased their price objective on shares of Dexterra Group from C$16.50 to C$20.50 and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Finally, Canaccord Genuity Group lifted their target price on shares of Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$20.20.

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.