Dexterra Group Inc. (TSE:DXT - Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as C$6.45 and last traded at C$6.42, with a volume of 31379 shares traded. The stock had previously closed at C$6.10.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. TD Securities increased their price objective on shares of Dexterra Group from C$5.50 to C$6.00 and gave the stock a "hold" rating in a research note on Wednesday, August 7th. Scotiabank dropped their price objective on shares of Dexterra Group from C$7.00 to C$6.50 and set a "sector perform" rating on the stock in a research note on Friday, May 17th. Finally, Raymond James increased their price objective on shares of Dexterra Group from C$8.00 to C$8.50 in a research note on Thursday, August 8th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$7.75.
View Our Latest Analysis on DXT
Dexterra Group Stock Up 5.9 %
The firm's 50 day simple moving average is C$5.79 and its 200 day simple moving average is C$5.70. The company has a market cap of C$413.44 million, a price-to-earnings ratio of 14.04, a price-to-earnings-growth ratio of 0.90 and a beta of 1.00. The company has a quick ratio of 1.28, a current ratio of 1.52 and a debt-to-equity ratio of 55.43.
Dexterra Group (TSE:DXT - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported C$0.19 EPS for the quarter, beating the consensus estimate of C$0.11 by C$0.08. Dexterra Group had a net margin of 1.61% and a return on equity of 10.48%. The company had revenue of C$253.62 million for the quarter, compared to analyst estimates of C$238.37 million. Sell-side analysts anticipate that Dexterra Group Inc. will post 0.5954416 EPS for the current fiscal year.
Dexterra Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a dividend of $0.087 per share. The ex-dividend date is Monday, September 30th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.39%. Dexterra Group's dividend payout ratio is presently 76.09%.
About Dexterra Group
(
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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.
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