Dexterra Group (TSE:DXT) Stock Price Expected to Rise, ATB Cormark Capital Markets Analyst Says

Dexterra Group (TSE:DXT) had its target price hoisted by equities researchers at ATB Cormark Capital Markets from C$12.00 to C$13.75 in a research report issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ target price indicates a potential upside of 7.67% from the stock’s current price.

Separately, Canaccord Genuity Group raised shares of Dexterra Group to a “strong-buy” rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Dexterra Group has an average rating of “Buy” and a consensus target price of C$13.92.

Dexterra Group Price Performance

Shares of DXT traded up C$0.88 during midday trading on Thursday, hitting C$12.77. 75,760 shares of the company traded hands, compared to its average volume of 46,533. The company has a debt-to-equity ratio of 80.46, a quick ratio of 1.28 and a current ratio of 1.25. The stock has a market cap of C$794.79 million, a price-to-earnings ratio of 19.95, a PEG ratio of 0.90 and a beta of 0.43. Dexterra Group has a 52 week low of C$6.88 and a 52 week high of C$13.93. The firm has a 50 day moving average of C$12.76 and a 200-day moving average of C$11.28.

Dexterra Group (TSE:DXT) last released its quarterly earnings results on Tuesday, March 3rd. The company reported C$0.12 earnings per share for the quarter. Dexterra Group had a return on equity of 14.34% and a net margin of 3.93%.The business had revenue of C$270.95 million during the quarter. On average, analysts forecast that Dexterra Group will post 0.7094298 EPS for the current fiscal 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.