Dexterra Group (TSE:DXT) Reaches New 12-Month Low at $5.20

Shares of Dexterra Group Inc. (TSE:DXT) hit a new 52-week low on Wednesday . The company traded as low as C$5.20 and last traded at C$5.22, with a volume of 9607 shares trading hands. The stock had previously closed at C$5.29.

Wall Street Analysts Forecast Growth

Separately, Scotiabank reduced 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. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Dexterra Group has an average rating of “Moderate Buy” and a consensus price target of C$7.65.

Dexterra Group Price Performance

The company has a quick ratio of 1.28, a current ratio of 1.33 and a debt-to-equity ratio of 40.87. The firm has a market capitalization of C$336.15 million, a price-to-earnings ratio of 12.73, a P/E/G ratio of 0.90 and a beta of 0.99. The company has a fifty day moving average price of C$5.46 and a two-hundred day moving average price of C$5.69.

Dexterra Group (TSE:DXT) last issued its quarterly earnings results on Tuesday, May 14th. The company reported C$0.07 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.07. The firm had revenue of C$231.64 million during the quarter, compared to analysts’ expectations of C$279.35 million. Dexterra Group had a net margin of 2.38% and a return on equity of 9.32%. On average, equities research analysts expect that Dexterra Group Inc. will post 0.4669388 EPS for the current fiscal year.

Dexterra Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a $0.087 dividend. This represents a $0.35 dividend on an annualized basis and a dividend yield of 6.64%. The ex-dividend date of this dividend is Friday, June 28th. Dexterra Group’s payout ratio is currently 85.37%.

Insider Buying and Selling

In other news, Senior Officer Mark Alan Becker acquired 20,000 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were bought at an average cost of C$5.48 per share, with a total value of C$109,500.00. In other Dexterra Group news, Senior Officer Mark Alan Becker bought 20,000 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were bought at an average price of C$5.48 per share, for a total transaction of C$109,500.00. Also, Director Mary Garden bought 4,694 shares of the business’s stock in a transaction dated Wednesday, May 22nd. The shares were acquired at an average cost of C$5.40 per share, with a total value of C$25,347.60. Insiders purchased a total of 37,737 shares of company stock valued at $205,740 over the last three months. 51.31% of the stock is currently 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.