Dexterra Group (TSE:DXT) Shares Cross Above 200 Day Moving Average - What's Next?

Shares of Dexterra Group Inc. (TSE:DXT - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$5.93 and traded as high as C$6.37. Dexterra Group shares last traded at C$6.31, with a volume of 9,632 shares.

Analysts Set New Price Targets

DXT has been the topic of several research analyst reports. TD Securities increased their price target on shares of Dexterra Group from C$5.50 to C$6.00 and gave the company a "hold" rating in a report on Wednesday, August 7th. Raymond James increased their target price on 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 company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$7.75.

Dexterra Group Stock Up 0.2 %

The firm's 50 day simple moving average is C$6.54 and its two-hundred day simple moving average is C$5.93. The firm has a market cap of C$404.48 million, a price-to-earnings ratio of 13.74, a PEG ratio of 0.90 and a beta of 1.02. The company has a current ratio of 1.52, a quick ratio of 1.28 and a debt-to-equity ratio of 55.43.

Dexterra Group (TSE:DXT - Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The company reported C$0.19 EPS for the quarter, beating analysts' consensus estimates of C$0.11 by C$0.08. Dexterra Group had a return on equity of 10.48% and a net margin of 1.61%. The business had revenue of C$253.62 million during the quarter, compared to the consensus estimate of C$238.37 million. On average, equities analysts forecast that Dexterra Group Inc. will post 0.7094298 EPS for the current year.

Dexterra Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.087 per share. This represents a $0.35 annualized dividend and a yield of 5.51%. The ex-dividend date was Monday, September 30th. Dexterra Group's payout ratio is 76.09%.

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.