Stephen James Jones Acquires 200 Shares of Badger Infrastructure Solutions (TSE:BDGI) Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Stephen James Jones purchased 200 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average cost of C$88.58 per share, with a total value of C$17,716.00. Following the completion of the transaction, the director owned 5,700 shares in the company, valued at C$504,906. This trade represents a 3.64% increase in their ownership of the stock.

Stephen James Jones also recently made the following trade(s):

• On Monday, August 17th, Stephen James Jones acquired 600 shares of Badger Infrastructure Solutions stock. The stock was acquired at an average price of C$89.99 per share, for a total transaction of C$53,994.00.

Badger Infrastructure Solutions Price Performance

Shares of BDGI opened at C$86.72 on Wednesday. Badger Infrastructure Solutions Ltd. has a fifty-two week low of C$53.38 and a fifty-two week high of C$99.46. The firm’s 50-day simple moving average is C$91.10 and its two-hundred day simple moving average is C$78.67. The stock has a market cap of C$2.92 billion, a PE ratio of 48.18 and a beta of 0.78. The company has a debt-to-equity ratio of 105.14, a quick ratio of 1.49 and a current ratio of 1.34.

Badger Infrastructure Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th were paid a $0.195 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.78 annualized dividend and a dividend yield of 0.9%. Badger Infrastructure Solutions’s dividend payout ratio is presently 30.49%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BDGI. Stifel Nicolaus lifted their price objective on Badger Infrastructure Solutions from C$82.00 to C$94.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Raymond James Financial increased their target price on Badger Infrastructure Solutions from C$98.00 to C$105.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Canaccord Genuity Group raised their price target on Badger Infrastructure Solutions from C$90.00 to C$112.00 and gave the company a “buy” rating in a report on Friday, June 26th. Canadian Imperial Bank of Commerce lifted their price target on Badger Infrastructure Solutions from C$85.00 to C$104.00 and gave the stock an “outperformer” rating in a research report on Wednesday, July 8th. Finally, National Bank Financial upped their price target on shares of Badger Infrastructure Solutions from C$74.00 to C$103.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$94.75.

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.