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

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$77.14.

Several research analysts have recently commented on the stock. National Bankshares set a C$84.00 price target on shares of Badger Infrastructure Solutions and gave the stock an “outperform” rating in a research note on Thursday, November 27th. Stifel Nicolaus increased their target price on shares of Badger Infrastructure Solutions from C$86.00 to C$88.00 in a research report on Monday, November 10th. BMO Capital Markets raised their target price on Badger Infrastructure Solutions from C$55.00 to C$60.00 in a report on Friday, October 10th. CIBC upped their price target on Badger Infrastructure Solutions from C$71.00 to C$82.00 in a research note on Friday, November 7th. Finally, Raymond James Financial lowered Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and increased their price objective for the company from C$60.00 to C$72.00 in a report on Wednesday, October 22nd.

Badger Infrastructure Solutions Stock Performance

Shares of TSE BDGI opened at C$72.92 on Thursday. The company has a debt-to-equity ratio of 92.49, a current ratio of 1.73 and a quick ratio of 1.49. Badger Infrastructure Solutions has a one year low of C$33.62 and a one year high of C$76.32. The business’s 50-day moving average price is C$68.66 and its two-hundred day moving average price is C$57.54. The company has a market capitalization of C$2.46 billion, a P/E ratio of 40.07 and a beta of 0.98.

Badger Infrastructure Solutions (TSE:BDGI) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$0.91 EPS for the quarter. The business had revenue of C$330.48 million during the quarter. Badger Infrastructure Solutions had a return on equity of 16.64% and a net margin of 5.71%. Analysts anticipate that Badger Infrastructure Solutions will post 3.3008403 earnings per share for the current fiscal year.

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.