Dexterra Group (TSE:DXT) Hits New 52-Week High – Still a Buy?

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

Analyst Ratings Changes

DXT has been the topic of several research analyst reports. Scotiabank set a C$11.50 price objective on shares of Dexterra Group and gave the stock a “hold” rating in a research note on Tuesday, September 9th. National Bankshares boosted their target price on Dexterra Group from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Dexterra Group presently has an average rating of “Moderate Buy” and a consensus target price of C$12.31.

Dexterra Group Stock Down 1.2%

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

Dexterra Group (TSE:DXT) last announced 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%. On average, sell-side analysts expect that Dexterra Group Inc. will post 0.7094298 EPS for the current fiscal year.

Dexterra Group Company Profile

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.