Dexterra Group (TSE:DXT) Issues Quarterly Earnings Results

Dexterra Group (TSE:DXT) announced 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 during the quarter. Dexterra Group had a return on equity of 16.00% and a net margin of 4.22%.

Dexterra Group Stock Performance

Dexterra Group stock opened at C$15.72 on Wednesday. The company has a 50 day moving average price of C$14.11 and a 200-day moving average price of C$13.10. The company has a debt-to-equity ratio of 85.07, a quick ratio of 1.28 and a current ratio of 1.42. Dexterra Group has a fifty-two week low of C$8.93 and a fifty-two week high of C$16.08. The company has a market capitalization of C$981.18 million, a PE ratio of 21.53, a P/E/G ratio of 0.90 and a beta of 0.39.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. National Bank Financial increased their price target on Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. ATB Cormark Capital Markets increased their target price on Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. Finally, Canaccord Genuity Group lifted their target price on Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Dexterra Group presently has an average rating of “Moderate Buy” and an average target price of C$18.12.

About Dexterra Group

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.