Dexterra Group (TSE:DXT) Reaches New 12-Month High – Should You Buy?

Dexterra Group Inc. (TSE:DXT) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$11.13 and last traded at C$11.09, with a volume of 34082 shares trading hands. The stock had previously closed at C$10.89.

Analyst Ratings Changes

A number of research firms have commented on DXT. Scotiabank set a C$11.50 target price on Dexterra Group and gave the company a “hold” rating in a report on Tuesday, September 9th. National Bankshares boosted their price target on shares of Dexterra Group from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. Finally, ATB Capital raised their price objective on Dexterra Group from C$10.75 to C$11.75 and gave the stock an “outperform” rating in a research note on Thursday, August 7th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$12.31.

Dexterra Group Price Performance

The company’s 50 day moving average price is C$9.99 and its 200 day moving average price is C$9.51. The firm has a market capitalization of C$685.87 million, a P/E ratio of 17.22, a PEG ratio of 0.90 and a beta of 0.26. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28.

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