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

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$80.71.

BDGI has been the topic of a number of research analyst reports. Stifel Nicolaus boosted 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. CIBC lifted their target price on shares of Badger Infrastructure Solutions from C$71.00 to C$82.00 in a report on Friday, November 7th. BMO Capital Markets upped their price target on Badger Infrastructure Solutions from C$82.00 to C$85.00 in a research note on Friday, January 16th. Canaccord Genuity Group raised their price target on Badger Infrastructure Solutions from C$60.00 to C$71.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Finally, Raymond James Financial downgraded Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and boosted their price objective for the company from C$60.00 to C$72.00 in a report on Wednesday, October 22nd.

Badger Infrastructure Solutions Stock Performance

Shares of Badger Infrastructure Solutions stock opened at C$81.16 on Friday. The firm has a market cap of C$2.74 billion, a PE ratio of 44.59 and a beta of 1.01. The company has a quick ratio of 1.49, a current ratio of 1.73 and a debt-to-equity ratio of 92.49. Badger Infrastructure Solutions has a 52 week low of C$33.62 and a 52 week high of C$82.57. The business’s fifty day simple moving average is C$75.05 and its 200-day simple moving average is C$65.32.

Badger Infrastructure Solutions (TSE:BDGI) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C$0.91 earnings per share (EPS) for the quarter. Badger Infrastructure Solutions had a net margin of 5.71% and a return on equity of 16.64%. The firm had revenue of C$330.48 million for the quarter. Equities analysts forecast that Badger Infrastructure Solutions will post 3.3008403 earnings per share 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.