ADF Group (DRX-T)
TSE:DRX
6.40
0.16
(2.56%) 1d
Financials
Technical Analysis
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This summary was created by AI, based on 6 opinions in the last 12 months.
ADF Group, symbol DRX-T, is an industrial engineering company with a focus on steel superstructures and significant operations across five continents. The stock has experienced high volatility, initially ramping up before a subsequent decline, making it appear undervalued based on its strong fundamentals and growth prospects. Experts agree there is a cyclical risk involved, noting that while short-term performance has disappointed, long-term infrastructure demand could improve its valuation. Although some analysts suggest a cautious approach with a stop-loss due to its recent performance falling below expectations, others see potential upside, emphasizing that if investors are currently holding, they might consider staying put. Future earnings improvements could lead to a favorable inflection point that aligns the stock price with its true value.
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%
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ADF Group(DRX-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
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, 4 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?
4 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 2025-05-05, ADF Group (DRX-T) stock closed at a price of $6.4.
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.