Q2 2024 Earnings Forecast for Dexterra Group Inc. (TSE:DXT) Issued By Atb Cap Markets

Dexterra Group Inc. (TSE:DXT) – Analysts at Atb Cap Markets dropped their Q2 2024 earnings per share (EPS) estimates for shares of Dexterra Group in a research note issued to investors on Monday, May 20th. Atb Cap Markets analyst C. Murray now expects that the company will earn $0.08 per share for the quarter, down from their previous forecast of $0.09. The consensus estimate for Dexterra Group’s current full-year earnings is $0.47 per share. Atb Cap Markets also issued estimates for Dexterra Group’s Q3 2024 earnings at $0.14 EPS, Q4 2024 earnings at $0.15 EPS, Q2 2025 earnings at $0.12 EPS, Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.21 EPS and FY2025 earnings at $0.70 EPS.

Other equities research analysts have also recently issued research reports about the stock. TD Securities cut shares of Dexterra Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from C$7.50 to C$6.00 in a research report on Friday, March 8th. Raymond James upgraded shares of Dexterra Group from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from C$7.00 to C$8.00 in a research report on Monday, March 11th. Scotiabank decreased their price objective on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating for the company in a research note on Friday, May 17th. Finally, ATB Capital lowered their target price on shares of Dexterra Group from C$9.00 to C$8.25 in a research note on Monday, March 11th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Dexterra Group has a consensus rating of “Moderate Buy” and an average price target of C$7.65.

Dexterra Group Price Performance

DXT stock opened at C$5.40 on Wednesday. The company’s fifty day moving average price is C$5.71 and its 200-day moving average price is C$5.75. Dexterra Group has a one year low of C$5.25 and a one year high of C$6.35. The company has a market capitalization of C$346.41 million, a PE ratio of 13.17, a price-to-earnings-growth ratio of 0.90 and a beta of 0.99. The company has a debt-to-equity ratio of 40.87, a quick ratio of 1.28 and a current ratio of 1.33.

Dexterra Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a $0.087 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.35 annualized dividend and a yield of 6.44%. Dexterra Group’s dividend payout ratio (DPR) is presently 85.37%.

Insider Activity

In other Dexterra Group news, Director Mary Garden purchased 4,694 shares of the stock in a transaction on Wednesday, May 22nd. The stock was acquired at an average price of C$5.40 per share, with a total value of C$25,347.60. In other Dexterra Group news, Senior Officer Mark Alan Becker purchased 20,000 shares of the stock in a transaction on Tuesday, May 21st. The shares were bought at an average cost of C$5.48 per share, with a total value of C$109,500.00. Also, Director Mary Garden acquired 4,694 shares of Dexterra Group stock in a transaction on Wednesday, May 22nd. The shares were bought at an average price of C$5.40 per share, with a total value of C$25,347.60. Company insiders own 51.31% of the company’s stock.

Dexterra Group Company Profile

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.