Bird Construction (BDT) – Research Analysts’ Weekly Ratings Changes

Bird Construction (TSE: BDT) recently received a number of ratings updates from brokerages and research firms:

• 10/10/2024 – Bird Construction had its price target raised by analysts at ATB Capital from C$33.00 to C$35.00.
• 10/10/2024 – Bird Construction had its price target raised by analysts at BMO Capital Markets from C$30.00 to C$35.00.
• 10/10/2024 – Bird Construction had its price target raised by analysts at National Bankshares, Inc. from C$23.00 to C$28.00.
• 10/10/2024 – Bird Construction had its price target raised by analysts at Raymond James from C$30.00 to C$35.00.
• 10/10/2024 – Bird Construction had its price target raised by analysts at Stifel Nicolaus from C$34.00 to C$37.00.
• 10/10/2024 – Bird Construction had its price target raised by analysts at TD Securities from C$31.00 to C$36.00.
• 10/4/2024 – Bird Construction had its price target raised by analysts at Stifel Nicolaus from C$31.00 to C$34.00.

Bird Construction Price Performance

TSE:BDT opened at C$29.72 on Wednesday. Bird Construction Inc. has a 52 week low of C$10.06 and a 52 week high of C$32.67. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 70.40. The company has a market capitalization of C$1.65 billion, a P/E ratio of 19.05, a P/E/G ratio of 0.53 and a beta of 1.05. The stock’s fifty day moving average is C$24.59 and its two-hundred day moving average is C$23.41.

Bird Construction (TSE:BDT) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.38 by C$0.04. The firm had revenue of C$873.54 million for the quarter, compared to the consensus estimate of C$772.65 million. Bird Construction had a return on equity of 26.97% and a net margin of 2.68%. Equities analysts expect that Bird Construction Inc. will post 2.7598533 EPS for the current year.

Bird Construction Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 20th will be issued a $0.0467 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.56 annualized dividend and a dividend yield of 1.89%. Bird Construction’s dividend payout ratio is presently 53.85%.

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.