Dexterra Group (DXT) Scheduled to Post Earnings on Wednesday

Dexterra Group (TSE:DXT) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, August 7th. Analysts expect the company to announce earnings of C$0.11 per share for the quarter.

Dexterra Group (TSE:DXT) last announced its earnings results on Tuesday, May 14th. The company reported C$0.07 EPS for the quarter, hitting analysts’ consensus estimates of C$0.07. The business had revenue of C$231.64 million during the quarter, compared to the consensus estimate of C$279.35 million. Dexterra Group had a net margin of 2.38% and a return on equity of 9.32%.

Dexterra Group Stock Down 2.5 %

Dexterra Group stock traded down C$0.15 during trading hours on Tuesday, reaching C$5.83. The stock had a trading volume of 3,216 shares, compared to its average volume of 34,642. Dexterra Group has a 52 week low of C$5.13 and a 52 week high of C$6.35. The company has a market cap of C$373.99 million, a price-to-earnings ratio of 14.59, a PEG ratio of 0.90 and a beta of 0.99. The company has a debt-to-equity ratio of 40.87, a current ratio of 1.33 and a quick ratio of 1.28. The business’s 50 day moving average price is C$5.45 and its 200-day moving average price is C$5.67.

Dexterra Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were given a $0.087 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.35 dividend on an annualized basis and a yield of 5.97%. Dexterra Group’s dividend payout ratio is currently 85.37%.

Insider Buying and Selling

In related news, Senior Officer Robert Johnston bought 9,200 shares of the stock in a transaction on Wednesday, June 5th. The shares were bought at an average cost of C$5.45 per share, for a total transaction of C$50,140.00. In other Dexterra Group news, Senior Officer Robert Johnston acquired 9,200 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The shares were purchased at an average price of C$5.45 per share, with a total value of C$50,140.00. Also, Director Mary Garden acquired 4,694 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were acquired at an average cost of C$5.40 per share, for a total transaction of C$25,347.60. Insiders have bought 37,737 shares of company stock worth $205,740 in the last quarter. 51.31% of the stock is owned by insiders.

Analyst Ratings Changes

DXT has been the subject of a number of analyst reports. Scotiabank decreased their price target on 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 reduced their price objective on Dexterra Group from C$6.00 to C$5.50 in a research note on Wednesday, July 17th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Dexterra Group currently has a consensus rating of “Moderate Buy” and a consensus price target of C$7.55.

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.