Dexterra Group (TSE:DXT) Sets New 12-Month High – Here’s Why

Dexterra Group Inc. (TSE:DXT)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as C$12.24 and last traded at C$11.86, with a volume of 13305 shares changing hands. The stock had previously closed at C$11.99.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. National Bankshares raised their target price on Dexterra Group from C$14.00 to C$15.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Scotiabank set a C$11.50 price objective on Dexterra Group and gave the company a “hold” rating in a research report on Tuesday, September 9th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Dexterra Group presently has a consensus rating of “Moderate Buy” and a consensus price target of C$12.31.

Dexterra Group Stock Performance

The firm has a market capitalization of C$738.29 million, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 0.90 and a beta of 0.33. The firm’s 50-day moving average price is C$10.98 and its two-hundred day moving average price is C$9.97. The company has a debt-to-equity ratio of 42.46, a quick ratio of 1.28 and a current ratio of 1.46.

Dexterra Group (TSE:DXT) last announced its quarterly earnings results on Tuesday, November 4th. The company reported C$0.21 EPS for the quarter. Dexterra Group had a net margin of 1.24% and a return on equity of 4.53%. Sell-side analysts predict that Dexterra Group Inc. will post 0.7094298 earnings per share for the current year.

About Dexterra Group

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.