Dexterra Group (TSE:DXT) Price Target Increased to C$6.00 by Analysts at TD Securities

Dexterra Group (TSE:DXT) had its target price increased by TD Securities from C$5.50 to C$6.00 in a research note published on Wednesday, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

Separately, Scotiabank lowered their target price on shares of Dexterra Group from C$7.00 to C$6.50 and set a sector perform rating for the company in a research note on Friday, May 17th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus price target of C$7.75.

Dexterra Group Price Performance

Shares of TSE DXT traded down C$0.06 on Wednesday, hitting C$5.86. The company’s stock had a trading volume of 21,039 shares, compared to its average volume of 36,016. The stock has a 50 day moving average of C$5.49 and a 200-day moving average of C$5.67. The company has a market capitalization of C$375.92 million, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 0.90 and a beta of 1.00. Dexterra Group has a 12-month low of C$5.13 and a 12-month high of C$6.35. The company has a debt-to-equity ratio of 52.20, a current ratio of 1.39 and a quick ratio of 1.28.

Dexterra Group (TSE:DXT) last posted its earnings results on Tuesday, May 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.07. The firm had revenue of C$231.64 million for the quarter, compared to analyst estimates of C$279.35 million. Dexterra Group had a return on equity of 9.42% and a net margin of 1.62%. As a group, research analysts predict that Dexterra Group will post 0.51349 EPS for the current year.

Dexterra Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.087 per share. This represents a $0.35 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date is Monday, September 30th. Dexterra Group’s dividend payout ratio is currently 85.37%.

Insider Buying and Selling at Dexterra Group

In other news, Senior Officer Mark Alan Becker bought 20,000 shares of the business’s 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 Robert Johnston bought 9,200 shares of Dexterra Group stock in a transaction on Wednesday, June 5th. The shares were bought at an average price of C$5.45 per share, with a total value of C$50,140.00. Also, Senior Officer Mark Alan Becker purchased 20,000 shares of the stock in a transaction dated Tuesday, May 21st. The stock was purchased at an average price of C$5.48 per share, with a total value of C$109,500.00. Insiders have purchased a total of 37,737 shares of company stock worth $205,740 in the last quarter. 51.53% of the stock is owned by 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.