Dexterra Group (TSE:DXT) Reaches New 1-Year High at $6.38

Dexterra Group Inc. (TSE:DXT) reached a new 52-week high during trading on Friday . The stock traded as high as C$6.38 and last traded at C$6.25, with a volume of 107469 shares traded. The stock had previously closed at C$6.08.

Analyst Upgrades and Downgrades

Several research firms have issued reports on DXT. Raymond James upped their target price on shares of Dexterra Group from C$8.00 to C$8.50 in a research note on Thursday, August 8th. Scotiabank dropped their target price on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating on the stock in a report on Friday, May 17th. Finally, TD Securities boosted their target price on shares of Dexterra Group from C$5.50 to C$6.00 and gave the company a “hold” rating in a research note on Wednesday, August 7th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$7.75.

Dexterra Group Trading Up 3.6 %

The stock’s fifty day simple moving average is C$5.53 and its 200 day simple moving average is C$5.67. The firm has a market capitalization of C$404.15 million, a PE ratio of 15.29, a PEG ratio of 0.90 and a beta of 1.00. The company has a quick ratio of 1.28, a current ratio of 1.39 and a debt-to-equity ratio of 52.20.

Dexterra Group (TSE:DXT) last announced its earnings results on Tuesday, May 14th. The company reported C$0.07 EPS for the quarter, hitting analysts’ consensus estimates of C$0.07. Dexterra Group had a return on equity of 9.42% and a net margin of 1.62%. The company had revenue of C$231.64 million for the quarter, compared to analysts’ expectations of C$279.35 million. On average, sell-side analysts predict that Dexterra Group Inc. will post 0.51349 earnings per share for the current year.

Dexterra Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.087 dividend. This represents a $0.35 annualized dividend and a dividend yield of 5.52%. The ex-dividend date of this dividend is Monday, September 30th. Dexterra Group’s dividend payout ratio (DPR) is currently 85.37%.

Insider Activity at Dexterra Group

In other news, Director Mary Garden bought 4,694 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The shares were bought at an average price of C$5.40 per share, for a total transaction of C$25,347.60. In other Dexterra Group news, Senior Officer Robert Johnston bought 9,200 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were bought at an average price of C$5.45 per share, with a total value of C$50,140.00. Also, Director Mary Garden purchased 4,694 shares of the company’s stock in a transaction on Wednesday, May 22nd. The stock was acquired at an average price of C$5.40 per share, with a total value of C$25,347.60. In the last ninety days, insiders purchased 37,737 shares of company stock worth $205,740. 51.53% of the stock is owned by company insiders.

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.