Bird Construction Inc (TSE:BDT) – Equities research analysts at National Bank Financial lowered their Q4 2019 EPS estimates for Bird Construction in a report released on Wednesday, November 6th. National Bank Financial analyst M. Sytchev now anticipates that the company will earn $0.15 per share for the quarter, down from their previous forecast of $0.16. National Bank Financial has a “Outperform Market Weight” rating on the stock. National Bank Financial also issued estimates for Bird Construction’s FY2020 earnings at $0.54 EPS.
Bird Construction (TSE:BDT) last posted its quarterly earnings results on Tuesday, August 13th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.04 by C($0.02). The company had revenue of C$315.43 million for the quarter, compared to analysts’ expectations of C$366.60 million.
Several other analysts have also recently issued reports on the stock. Raymond James reaffirmed an “outperform” rating and issued a C$9.00 price target on shares of Bird Construction in a report on Thursday. TD Securities cut their price target on shares of Bird Construction from C$8.50 to C$7.50 and set a “buy” rating on the stock in a report on Thursday, August 15th. Finally, Canaccord Genuity upped their price target on shares of Bird Construction from C$5.00 to C$6.50 in a report on Thursday.
BDT traded down C$0.04 during trading on Friday, hitting C$6.80. The company had a trading volume of 62,116 shares, compared to its average volume of 57,801. The company has a market cap of $290.82 million and a PE ratio of 54.84. The business has a 50-day moving average of C$5.99 and a 200-day moving average of C$5.86. The company has a debt-to-equity ratio of 73.80, a current ratio of 1.13 and a quick ratio of 1.11. Bird Construction has a 1-year low of C$4.88 and a 1-year high of C$8.20.
The business also recently declared a monthly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 20th will be issued a $0.0325 dividend. The ex-dividend date is Wednesday, October 30th. This represents a $0.39 annualized dividend and a yield of 5.74%. Bird Construction’s dividend payout ratio is presently 314.52%.
About Bird Construction
Bird Construction Inc operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial, and institutional sectors of the general contracting industry. It constructs industrial buildings; and performs civil construction operations, including site preparation, concrete foundations, metal and modular fabrication, mechanical process work, underground piping, and earthwork for clients primarily operating in the oil and gas, liquefied natural gas, mining, and nuclear sectors.
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