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

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has earned an average rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$51.25.

A number of research analysts have commented on BDGI shares. Stifel Nicolaus increased their target price on Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. CIBC lifted their price objective on shares of Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. Finally, Raymond James raised their price target on shares of Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th.

Badger Infrastructure Solutions Stock Performance

Shares of BDGI stock opened at C$39.23 on Thursday. The stock has a market capitalization of C$937.11 million, a price-to-earnings ratio of 22.71 and a beta of 1.14. Badger Infrastructure Solutions has a one year low of C$34.85 and a one year high of C$51.42. The company’s 50-day simple moving average is C$39.53 and its 200-day simple moving average is C$38.44. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73.

Badger Infrastructure Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Tuesday, December 31st. Badger Infrastructure Solutions’s dividend payout ratio (DPR) is 41.68%.

Insider Buying and Selling

In other Badger Infrastructure Solutions news, Director Mary Jordan bought 800 shares of the business’s stock in a transaction on Tuesday, March 11th. The shares were purchased at an average price of C$39.32 per share, with a total value of C$31,456.00. Corporate insiders own 0.33% of the company’s stock.

About Badger Infrastructure Solutions

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.