Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director George Allen Williams Acquires 285 Shares

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director George Allen Williams bought 285 shares of the company’s stock in a transaction that occurred on Tuesday, March 18th. The shares were purchased at an average cost of C$40.04 per share, for a total transaction of C$11,410.79.

Badger Infrastructure Solutions Trading Down 0.1 %

TSE BDGI traded down C$0.06 on Thursday, hitting C$40.43. 3,700 shares of the stock were exchanged, compared to its average volume of 108,699. Badger Infrastructure Solutions Ltd. has a 52-week low of C$34.85 and a 52-week high of C$51.50. The company has a debt-to-equity ratio of 92.49, a current ratio of 1.73 and a quick ratio of 1.49. The company has a market capitalization of C$965.77 million, a price-to-earnings ratio of 23.40 and a beta of 1.14. The company’s 50-day moving average price is C$39.23 and its two-hundred day moving average price is C$38.31.

Badger Infrastructure Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.78%. The ex-dividend date was Tuesday, December 31st. Badger Infrastructure Solutions’s payout ratio is 41.68%.

Wall Street Analysts Forecast Growth

BDGI has been the topic of several research reports. Raymond James upped their price target on Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the company an “outperform” rating in a report on Friday, March 7th. CIBC upped their price target on Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Finally, Stifel Nicolaus upped their price target on Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$51.50.

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.