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ADF Group (DRX-T)
TSE:DRX
9.70
0.10
(1.04%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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Most Anticipated Earnings: RY-T, DOL-T and more Canadian Companies Reporting Earnings this Week (Dec 02-06)Earning Reports to Watch (Dec 3-7)This summary was created by AI, based on 6 opinions in the last 12 months.
ADF Group (DRX-T) is an industrial engineering company that has seen its stock fluctuate significantly over the past 2 years. While some experts see potential in the company's fundamentals, valuation, and growth prospects, others are concerned about its riskier and cyclical nature, as well as the concentration of its clients in the steel structures industry. Despite the mixed opinions, the company has recently reported earnings that beat analyst expectations and is trading at a relatively low P/E ratio. Overall, ADF Group seems to have potential for upside but also carries certain risks that investors should consider.
$9.290
Unknown
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.
Has done very well, but is concerned about the concentration of its clients (steel structures). Control by the family isn't necessarily bad. DRX benefits from infrastructure.
If you own it, you don't need to run away. Reasonable price. Would like to see improved dividend yield, better valuation. Nothing exciting jumps out, better opportunities elsewhere.
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 : 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 2024-12-13, ADF Group (DRX-T) stock closed at a price of $9.7.
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.