Dexterra Group (TSE:DXT) Stock Passes Above 200-Day Moving Average - What's Next?

Key Points

• Dexterra Group shares rose above their 200-day moving average, reaching C$14.20 before closing at C$13.79, compared with the 200-day average of C$13.25.
• Analysts raised their price targets, with estimates ranging from C$14.50 to C$21.00. The stock has a consensus rating of “Moderate Buy” and an average target of C$18.88.
• Dexterra reported quarterly EPS of C$0.20 on revenue of C$269.21 million, with a 15.18% return on equity and a 4.01% net margin.

Shares of Dexterra Group Inc. (TSE:DXT - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$13.25 and traded as high as C$14.20. Dexterra Group shares last traded at C$13.79, with a volume of 63,869 shares traded.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Scotia raised their target price on shares of Dexterra Group from C$14.00 to C$14.50 and gave the company a "sector perform" rating in a research note on Wednesday, August 5th. Canaccord Genuity Group boosted their price target on shares of Dexterra Group from C$18.00 to C$21.00 and gave the stock a "buy" rating in a research note on Friday, July 24th. National Bank Financial increased their price target on shares of Dexterra Group from C$16.50 to C$20.50 and gave the stock an "outperform" rating in a report on Tuesday, July 21st. Finally, ATB Cormark Capital Markets raised their price objective on shares of Dexterra Group from C$14.25 to C$19.50 and gave the company an "outperform" rating in a research report on Wednesday, June 24th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$18.88.

Dexterra Group Price Performance

The business has a fifty day moving average price of C$14.44 and a 200-day moving average price of C$13.25. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 76.31. The stock has a market capitalization of C$861.54 million, a PE ratio of 19.99, a PEG ratio of 0.90 and a beta of 0.26.

Dexterra Group (TSE:DXT - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported C$0.20 EPS for the quarter. The firm had revenue of C$269.21 million for the quarter. Dexterra Group had a return on equity of 15.18% and a net margin of 4.01%. Research analysts expect that Dexterra Group Inc. will post 0.7094298 EPS for the current fiscal year.

Dexterra Group Company Profile

Dexterra employs more than 9,000 people, delivering a range of support services for the creation, management, and operation of infrastructure across Canada and the U.S. Powered by people, Dexterra brings best-in-class regional expertise to every challenge and delivers innovative solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of integrated facilities management services, industry-leading workforce accommodation solutions, and other support services for diverse clients in the public and private sectors.

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