Dexterra Group Inc. to Post Q2 2024 Earnings of $0.08 Per Share, Atb Cap Markets Forecasts (TSE:DXT)

Dexterra Group Inc. (TSE:DXT) – Stock analysts at Atb Cap Markets decreased their Q2 2024 EPS estimates for shares of Dexterra Group in a research report issued to clients and investors on Monday, May 20th. Atb Cap Markets analyst C. Murray now expects that the company will post earnings per share of $0.08 for the quarter, down from their previous forecast of $0.09. The consensus estimate for Dexterra Group’s current full-year earnings is $0.47 per share. Atb Cap Markets also issued estimates for Dexterra Group’s Q3 2024 earnings at $0.14 EPS, Q4 2024 earnings at $0.15 EPS, Q2 2025 earnings at $0.12 EPS, Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.21 EPS and FY2025 earnings at $0.70 EPS.

A number of other equities analysts have also recently issued reports on the stock. ATB Capital decreased their price objective on shares of Dexterra Group from C$9.00 to C$8.25 in a research report on Monday, March 11th. TD Securities cut shares of Dexterra Group from a “buy” rating to a “hold” rating and reduced their price target for the company from C$7.50 to C$6.00 in a research report on Friday, March 8th. Raymond James raised shares of Dexterra Group from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from C$7.00 to C$8.00 in a research note on Monday, March 11th. Finally, Scotiabank dropped their price objective on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating on the stock in a research note on Friday, May 17th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$7.65.

Dexterra Group Stock Performance

TSE DXT opened at C$5.38 on Wednesday. The company has a market capitalization of C$345.13 million, a P/E ratio of 13.12, a P/E/G ratio of 0.90 and a beta of 0.99. The company has a fifty day moving average of C$5.71 and a 200-day moving average of C$5.75. Dexterra Group has a 52-week low of C$5.25 and a 52-week high of C$6.35. The company has a debt-to-equity ratio of 40.87, a quick ratio of 1.28 and a current ratio of 1.33.

Dexterra Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a dividend of $0.087 per share. The ex-dividend date is Friday, June 28th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 6.47%. Dexterra Group’s dividend payout ratio is 85.37%.

Insider Buying and Selling

In other Dexterra Group news, Director Mary Garden acquired 4,694 shares of the stock in a transaction on Wednesday, May 22nd. The stock was acquired at an average price of C$5.40 per share, for a total transaction of C$25,347.60. In other news, Director Mary Garden bought 4,694 shares of the stock in a transaction dated Wednesday, May 22nd. The stock was purchased at an average price of C$5.40 per share, for a total transaction of C$25,347.60. Also, Senior Officer Mark Alan Becker purchased 20,000 shares of Dexterra Group stock in a transaction that occurred on Tuesday, May 21st. The stock was bought at an average cost of C$5.48 per share, for a total transaction of C$109,500.00. 51.31% of the stock is owned by company insiders.

About Dexterra Group

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.