Badger Infrastructure Solutions (TSE:BDGI) PT Set at C$82.00 by National Bankshares

Badger Infrastructure Solutions (TSE:BDGI) has been given a C$82.00 price objective by research analysts at National Bankshares in a report released on Friday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ target price indicates a potential upside of 3.34% from the company’s current price.

Other equities analysts have also issued research reports about the company. Raymond James Financial lowered Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and lifted their price target for the company from C$60.00 to C$72.00 in a research note on Wednesday, October 22nd. CIBC boosted their price objective on Badger Infrastructure Solutions from C$71.00 to C$82.00 in a research report on Friday, November 7th. TD Securities increased their target price on Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Stifel Nicolaus lifted their price target on shares of Badger Infrastructure Solutions from C$86.00 to C$88.00 in a research note on Monday, November 10th. Finally, BMO Capital Markets boosted their price target on shares of Badger Infrastructure Solutions from C$82.00 to C$85.00 in a report on Friday, January 16th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$80.43.

Badger Infrastructure Solutions Stock Performance

Shares of BDGI traded down C$1.81 during trading hours on Friday, hitting C$79.35. The stock had a trading volume of 89,938 shares, compared to its average volume of 107,609. The firm has a 50-day moving average price of C$75.05 and a 200 day moving average price of C$65.32. Badger Infrastructure Solutions has a fifty-two week low of C$33.62 and a fifty-two week high of C$82.57. The firm has a market capitalization of C$2.68 billion, a price-to-earnings ratio of 43.60 and a beta of 1.01. 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 (TSE:BDGI) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.91 EPS for the quarter. The company had revenue of C$330.48 million for the quarter. Badger Infrastructure Solutions had a net margin of 5.71% and a return on equity of 16.64%. As a group, research analysts anticipate that Badger Infrastructure Solutions will post 3.3008403 EPS for the current year.

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. 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.