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

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have earned an average rating of “Moderate Buy” from the eight analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$90.25.

Several research firms recently commented on BDGI. Canadian Imperial Bank of Commerce upped their price objective on Badger Infrastructure Solutions from C$85.00 to C$104.00 and gave the company an “outperformer” rating in a research note on Wednesday. National Bank Financial raised Badger Infrastructure Solutions from a “sector perform” rating to an “outperform” rating and set a C$74.00 price target on the stock in a research report on Friday, May 1st. Stifel Nicolaus increased their price target on 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 boosted their price objective on Badger Infrastructure Solutions from C$77.00 to C$98.00 in a research note on Friday, June 5th. 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 stock a “buy” rating in a research report on Friday, June 26th.

Badger Infrastructure Solutions Stock Down 1.2%

Shares of TSE BDGI opened at C$92.74 on Friday. The company has a debt-to-equity ratio of 101.90, a current ratio of 1.35 and a quick ratio of 1.49. The company has a 50-day moving average price of C$87.59 and a 200-day moving average price of C$75.86. The stock has a market capitalization of C$3.12 billion, a P/E ratio of 55.20 and a beta of 0.81. Badger Infrastructure Solutions has a 1 year low of C$49.37 and a 1 year high of C$95.94.

Badger Infrastructure Solutions (TSE:BDGI) last posted its earnings results on Thursday, April 30th. The company reported C$0.31 earnings per share for the quarter. The company 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%. On average, equities research analysts forecast that Badger Infrastructure Solutions will post 3.3008403 EPS for the current fiscal year.

Badger Infrastructure Solutions Announces Dividend

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