Dexterra Group (TSE:DXT) PT Raised to C$8.50

Dexterra Group (TSE:DXT) had its price objective upped by analysts at Raymond James from C$8.00 to C$8.50 in a research report issued on Thursday, BayStreet.CA reports. Raymond James’ price objective would suggest a potential upside of 44.07% from the company’s current price.

Several other research firms also recently commented on DXT. Scotiabank cut their price objective on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating for the company in a report on Friday, May 17th. TD Securities lifted their price target on Dexterra Group from C$5.50 to C$6.00 and gave the company a “hold” rating in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Dexterra Group presently has a consensus rating of “Moderate Buy” and an average target price of C$7.75.

Dexterra Group Stock Performance

Shares of DXT stock traded up C$0.07 during trading hours on Thursday, hitting C$5.90. 25,225 shares of the company were exchanged, compared to its average volume of 36,028. Dexterra Group has a 52-week low of C$5.13 and a 52-week high of C$6.35. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 52.20. The firm has a fifty day simple moving average of C$5.47 and a 200 day simple moving average of C$5.67. The stock has a market capitalization of C$378.49 million, a price-to-earnings ratio of 14.27, a P/E/G ratio of 0.90 and a beta of 1.00.

Dexterra Group (TSE:DXT) last announced its quarterly earnings data on Tuesday, May 14th. The company reported C$0.07 earnings per share for the quarter, hitting the consensus estimate 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 during the quarter, compared to analyst estimates of C$279.35 million. Research analysts predict that Dexterra Group will post 0.51349 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Senior Officer Mark Alan Becker bought 20,000 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were acquired at an average cost of C$5.48 per share, with a total value of C$109,500.00. In other news, Senior Officer Mark Alan Becker purchased 20,000 shares of the stock in a transaction on Tuesday, May 21st. The shares were acquired at an average price of C$5.48 per share, for a total transaction of C$109,500.00. Also, Director Mary Garden acquired 4,694 shares of the business’s stock in a transaction dated Wednesday, May 22nd. The stock was purchased at an average price of C$5.40 per share, with a total value of C$25,347.60. Insiders acquired a total of 37,737 shares of company stock worth $205,740 over the last ninety days. 51.53% of the stock is owned by corporate 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.