ADF Group (DRX-T)
TSE:DRX
5.34
0.04
(0.75%) 1d
Financials
Technical Analysis
Related posts
Weekly 52-Week Low (or 52-Week High): CU-T, OLA-T, CP-T, DND-T and More 52-Week Highs and Lows (Mar 26-Apr 01)Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)This summary was created by AI, based on 6 opinions in the last 12 months.
ADF Group, trading under the symbol DRX-T, has faced a rollercoaster journey in the stock market, notably ramping up in value before experiencing a sharp decline. Despite the drop, experts believe the stock remains attractive when considering its fundamental strengths, valuation, and growth potential. There are concerns regarding client concentration in the steel structures sector and high expectations that may lead to short-term disappointment. However, the company stands to benefit significantly from the increasing demand for infrastructure initiatives. While some analysts recommend holding on to the stock or watching for an inflection point in earnings, others suggest a cautious approach, considering the potential for enhanced dividend yields and improved valuations, with a bullish price target indicating significant upside potential.
Amazing chart over 2 years, not as attractive over last 2 quarters. High expectations, disappointment in numbers, investors started to exit. Ranks well in his longer-term screens, but not short term. He's watching, as there will be huge demand for infrastructure and infrastructure steel.
If you hold it now, continue to hold. If not, watch for the inflection point between earnings and higher margins, as stock price should start to follow. This way, you might pay a bit more, but you'll potentially save yourself some downside.
DRX is a North American leader in the construction of steel superstructures with business in five continents. Recently reported earnings beat analyst expectations by over 35%. It trades at 11x earnings and has seen its cash reserves grow while retiring debt. We recommend setting a stop-loss at $11, looking to achieve $23 -- upside potential over 40%. Yield 0.1%
(Analysts’ price target is $23.00)- «
- ‹
- 1
- ›
- »
ADF Group(DRX-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 3
ADF Group(DRX-T) Frequently Asked Questions
What is ADF Group stock symbol?
ADF Group is a Canadian stock, trading under the symbol DRX-T on the Toronto Stock Exchange (DRX-CT). It is usually referred to as TSX:DRX or DRX-T
Is ADF Group a buy or a sell?
In the last year, 3 stock analysts published opinions about DRX-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ADF Group.
Is ADF Group a good investment or a top pick?
ADF Group was recommended as a Top Pick by on . Read the latest stock experts ratings for ADF Group.
Why is ADF Group stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is ADF Group worth watching?
3 stock analysts on Stockchase covered ADF Group In the last year. It is a trending stock that is worth watching.
What is ADF Group stock price?
On 2025-04-14, ADF Group (DRX-T) stock closed at a price of $5.34.
It is an industrial engineering company. The stock ramped way up and fell right back down to an attractive multiple. The stock is not where it should be considering the fundamentals, valuation and growth potential. It is riskier and cyclical.