Badger Infrastructure Solutions Ltd. (BDGI.TO) – What Are Brokerages Saying About This Stock?

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$94.38.

Several equities analysts have recently issued reports on BDGI shares. Raymond James Financial lifted their price target on Badger Infrastructure Solutions from C$98.00 to C$105.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. National Bank Financial reduced their target price on shares of Badger Infrastructure Solutions from C$113.00 to C$100.00 and set an “outperform” rating for the company in a report on Monday.

Insider Activity

In related news, Director Stephen James Jones bought 600 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were bought at an average cost of C$89.99 per share, with a total value of C$53,994.00. Following the completion of the transaction, the director directly owned 6,300 shares of the company’s stock, valued at approximately C$566,937. This trade represents a 10.53% increase in their ownership of the stock. 0.33% of the stock is owned by insiders.

Badger Infrastructure Solutions Stock Up 5.2%

BDGI stock opened at C$79.70 on Thursday. The firm has a market cap of C$2.68 billion, a price-to-earnings ratio of 45.54 and a beta of 0.65. Badger Infrastructure Solutions has a 1-year low of C$59.98 and a 1-year high of C$102.12. The firm has a fifty day moving average price of C$87.58 and a two-hundred day moving average price of C$81.12. The company has a debt-to-equity ratio of 109.77, a current ratio of 1.46 and a quick ratio of 1.49.

Badger Infrastructure Solutions (TSE:BDGI) last issued its earnings results on Thursday, November 5th. The company reported C$1.37 earnings per share for the quarter. Badger Infrastructure Solutions had a return on equity of 19.19% and a net margin of 6.15%. The firm had revenue of C$407.92 million for the quarter. Research analysts predict that Badger Infrastructure Solutions will post 3.30 EPS for the current 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. 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.