Dexterra Group Inc. (TSE:DXT) Senior Officer Mark Alan Becker Purchases 20,000 Shares

Dexterra Group Inc. (TSE:DXT) Senior Officer Mark Alan Becker acquired 20,000 shares of the stock in a transaction dated Tuesday, May 21st. The shares were purchased at an average price of C$5.48 per share, for a total transaction of C$109,500.00.

Dexterra Group Price Performance

Shares of Dexterra Group stock opened at C$5.38 on Thursday. The stock has a market capitalization of C$345.13 million, a price-to-earnings ratio of 13.12, a P/E/G ratio of 0.90 and a beta of 0.99. The firm’s 50-day moving average price is C$5.71 and its two-hundred day moving average price is C$5.75. The company has a current ratio of 1.33, a quick ratio of 1.28 and a debt-to-equity ratio of 40.87. Dexterra Group Inc. has a 1-year low of C$5.25 and a 1-year high of C$6.35.

Dexterra Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a dividend of $0.087 per share. The ex-dividend date is Friday, June 28th. This represents a $0.35 dividend on an annualized basis and a yield of 6.47%. Dexterra Group’s dividend payout ratio (DPR) is presently 85.37%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DXT. Scotiabank decreased their price target on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating on the stock in a research note on Friday, May 17th. TD Securities lowered shares of Dexterra Group from a “buy” rating to a “hold” rating and dropped their price target for the stock from C$7.50 to C$6.00 in a research report on Friday, March 8th. Raymond James upgraded shares of Dexterra Group from a “market perform” rating to an “outperform” rating and raised their price target for the stock from C$7.00 to C$8.00 in a research note on Monday, March 11th. Finally, ATB Capital lowered their price objective on Dexterra Group from C$9.00 to C$8.25 in a research note on Monday, March 11th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$7.65.

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.