Badger Infrastructure Solutions Ltd. (TSE:BDGI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGIGet Free Report) have been given an average rating of “Moderate Buy” by the seven ratings firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$49.64.

Several research firms have weighed in on BDGI. Stifel Nicolaus lowered their price objective on shares of Badger Infrastructure Solutions from C$56.00 to C$51.00 and set a “buy” rating on the stock in a report on Friday, November 1st. CIBC raised their price target on shares of Badger Infrastructure Solutions from C$49.00 to C$52.00 in a research report on Friday, December 13th. Finally, Raymond James decreased their price objective on Badger Infrastructure Solutions from C$50.00 to C$46.00 and set an “outperform” rating for the company in a report on Friday, November 1st.

Get Our Latest Research Report on Badger Infrastructure Solutions

Insider Transactions at Badger Infrastructure Solutions

In related news, Director Robert George Blackadar purchased 1,000 shares of Badger Infrastructure Solutions stock in a transaction that occurred on Monday, November 4th. The stock was bought at an average price of C$36.08 per share, for a total transaction of C$36,084.40. Company insiders own 0.33% of the company’s stock.

Badger Infrastructure Solutions Trading Down 0.9 %

TSE BDGI opened at C$39.88 on Wednesday. Badger Infrastructure Solutions has a 52 week low of C$34.85 and a 52 week high of C$51.50. The business has a 50 day moving average price of C$37.48 and a 200-day moving average price of C$37.72. The company has a quick ratio of 1.49, a current ratio of 1.65 and a debt-to-equity ratio of 97.25. The company has a market cap of C$1.37 billion, a price-to-earnings ratio of 24.32 and a beta of 1.14.

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 paid a $0.18 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.72 annualized dividend and a yield of 1.81%. Badger Infrastructure Solutions’s dividend payout ratio (DPR) is 43.90%.

Badger Infrastructure Solutions Company Profile

(Get Free Report

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.

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Analyst Recommendations for Badger Infrastructure Solutions (TSE:BDGI)

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