Badger Infrastructure Solutions Ltd. (TSE:BDGI) Given Average Rating of “Moderate Buy” by Brokerages

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$93.88.

BDGI has been the topic of several analyst reports. Canadian Imperial Bank of Commerce boosted their target price on Badger Infrastructure Solutions from C$85.00 to C$104.00 and gave the company an “outperformer” rating in a research report on Wednesday, July 8th. Stifel Nicolaus lifted their price objective on shares of Badger Infrastructure Solutions from C$82.00 to C$94.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Raymond James Financial lifted their price objective on shares of Badger Infrastructure Solutions from C$77.00 to C$98.00 in a research note on Friday, June 5th. National Bank Financial boosted their price objective on shares of Badger Infrastructure Solutions from C$74.00 to C$103.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Canaccord Genuity Group increased their target price on shares of Badger Infrastructure Solutions from C$90.00 to C$112.00 and gave the company a “buy” rating in a research note on Friday, June 26th.

Badger Infrastructure Solutions Trading Up 3.2%

BDGI opened at C$93.87 on Friday. The firm has a market cap of C$3.16 billion, a P/E ratio of 55.88 and a beta of 0.81. Badger Infrastructure Solutions has a 12 month low of C$50.87 and a 12 month high of C$95.94. The company has a current ratio of 1.35, a quick ratio of 1.49 and a debt-to-equity ratio of 101.90. The stock has a 50-day moving average of C$89.22 and a 200 day moving average of C$76.47.

Badger Infrastructure Solutions (TSE:BDGI) last issued its quarterly earnings data on Thursday, April 30th. The company reported C$0.31 earnings per share (EPS) for the quarter. The business had revenue of C$282.57 million for the quarter. Badger Infrastructure Solutions had a return on equity of 23.71% and a net margin of 7.11%. As a group, research analysts forecast that Badger Infrastructure Solutions will post 3.3008403 EPS for the current year.

Badger Infrastructure Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th were given a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Badger Infrastructure Solutions’s dividend payout ratio is 32.66%.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.