Dexterra Group (TSE:DXT) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?
by Sarita Garza · The Markets DailyDexterra Group Inc. (TSE:DXT – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$12.46 and traded as high as C$13.49. Dexterra Group shares last traded at C$13.11, with a volume of 10,811 shares traded.
Analyst Ratings Changes
Several research firms recently commented on DXT. National Bank Financial boosted their price objective on shares of Dexterra Group from C$15.50 to C$16.50 and gave the company an “outperform” rating in a research report on Thursday, March 5th. Canaccord Genuity Group raised shares of Dexterra Group to a “strong-buy” rating in a research report on Tuesday, February 17th. Finally, ATB Cormark Capital Markets boosted their price objective on shares of Dexterra Group from C$12.00 to C$13.75 and gave the company a “moderate buy” rating in a research report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Dexterra Group has a consensus rating of “Buy” and a consensus target price of C$13.92.
View Our Latest Stock Report on Dexterra Group
Dexterra Group Stock Up 0.4%
The firm has a market capitalization of C$818.23 million, a P/E ratio of 17.96, a PEG ratio of 0.90 and a beta of 0.41. The firm’s 50-day moving average is C$12.53 and its 200 day moving average is C$12.46. The company has a debt-to-equity ratio of 85.07, a quick ratio of 1.28 and a current ratio of 1.42.
Dexterra Group (TSE:DXT – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C$0.19 EPS for the quarter. Dexterra Group had a net margin of 4.22% and a return on equity of 16.00%. The firm had revenue of C$275.47 million for the quarter. As a group, equities research analysts predict that Dexterra Group Inc. will post 0.7094298 EPS for the current fiscal year.
Dexterra Group Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.40 annualized dividend and a yield of 3.1%. Dexterra Group’s payout ratio is 53.08%.
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. Our activities include a comprehensive range of facilities management services, industry-leading workforce accommodation solutions, innovative modular building capabilities and other support services for diverse clients in the public and private sectors.