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An update from Dexterra Group ( (TSE:DXT) ) is now available.
Dexterra Group has announced an expansion and extension of its revolving credit facility, increasing its size from $260 million to $425 million with an additional uncommitted accordion of $150 million, and extending the term to September 2029. This move, reflecting the company’s strong financial position, enhances Dexterra’s capacity and flexibility to execute its growth strategy and deliver long-term shareholder value, while maintaining a strong balance sheet.
The most recent analyst rating on (TSE:DXT) stock is a Buy with a C$8.50 price target. To see the full list of analyst forecasts on Dexterra Group stock, see the TSE:DXT Stock Forecast page.
Spark’s Take on TSE:DXT Stock
According to Spark, TipRanks’ AI Analyst, TSE:DXT is a Outperform.
Dexterra Group’s strong revenue growth and operational efficiency, coupled with a robust balance sheet, underpin its solid financial health. Positive earnings sentiment and market momentum contribute to a favorable outlook, while valuation concerns and potential economic risks warrant caution.
To see Spark’s full report on TSE:DXT stock, click here.
More about Dexterra Group
Dexterra Group is a company that employs over 9,000 people and provides a variety of support services for infrastructure creation, management, and operation across Canada and the U.S. The company offers integrated facilities management services, workforce accommodation solutions, and other support services to both public and private sector clients.
Average Trading Volume: 44,449
Technical Sentiment Signal: Buy
Current Market Cap: C$556.1M
For an in-depth examination of DXT stock, go to TipRanks’ Stock Analysis page.