Dexterra Group (TSE:DXT) Announces Earnings Results

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

Dexterra Group Stock Performance

DXT traded up C$0.03 during midday trading on Thursday, reaching C$15.25. The company had a trading volume of 12,721 shares, compared to its average volume of 41,828. Dexterra Group has a 12-month low of C$8.93 and a 12-month high of C$16.08. The business has a 50-day moving average price of C$14.14 and a two-hundred day moving average price of C$13.12. The stock has a market cap of C$951.84 million, a PE ratio of 20.89, a P/E/G ratio of 0.90 and a beta of 0.41. The company has a debt-to-equity ratio of 85.07, a quick ratio of 1.28 and a current ratio of 1.42.

Analyst Ratings Changes

Several research firms have recently weighed in on DXT. National Bank Financial lifted their price objective on Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. ATB Cormark Capital Markets boosted their price target 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. Scotia increased their price target on Dexterra Group from C$14.00 to C$14.50 and gave the stock a “sector perform” rating in a report on Wednesday. Finally, Canaccord Genuity Group raised their target price on Dexterra Group from C$18.00 to C$21.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.40.

Dexterra Group Company Profile

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.