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

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$51.25.

A number of equities analysts recently issued reports on the stock. Raymond James increased 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 note on Friday, March 7th. CIBC raised their target price on Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. Finally, Stifel Nicolaus lifted their price target on Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the company a “buy” rating in a research report on Thursday, January 30th.

Insider Activity

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

Badger Infrastructure Solutions Stock Up 0.3 %

Shares of Badger Infrastructure Solutions stock opened at C$39.80 on Thursday. The company has a current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 92.49. Badger Infrastructure Solutions has a 12-month low of C$34.85 and a 12-month high of C$51.50. The company has a market cap of C$950.72 million, a P/E ratio of 23.04 and a beta of 1.14. The company’s fifty day simple moving average is C$39.42 and its two-hundred day simple moving average is C$38.38.

Badger Infrastructure Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were paid a $0.18 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.81%. Badger Infrastructure Solutions’s dividend payout ratio is currently 41.68%.

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.