Badger Infrastructure Solutions Ltd. (TSE:BDGI) Given Average Rating of “Moderate Buy” by Analysts

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has earned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$51.50.

Several brokerages recently weighed in on BDGI. Raymond James boosted their price target on shares of Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. Stifel Nicolaus boosted their price target on shares of Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, CIBC boosted their price target on shares of Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th.

Badger Infrastructure Solutions Trading Up 0.3 %

Badger Infrastructure Solutions stock opened at C$40.49 on Thursday. The firm’s 50 day moving average price is C$39.23 and its 200-day moving average price is C$38.31. Badger Infrastructure Solutions has a 1 year low of C$34.85 and a 1 year high of C$51.50. The stock has a market cap of C$967.20 million, a P/E ratio of 23.44 and a beta of 1.14. The company has a debt-to-equity ratio of 92.49, a current ratio of 1.73 and a quick ratio of 1.49.

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 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%.

Insiders Place Their Bets

In other news, Director Mary Jordan acquired 800 shares of the company’s stock in a transaction on Tuesday, March 11th. The stock was bought at an average cost of C$39.32 per share, with a total value of C$31,456.00. 0.33% of the stock is owned by insiders.

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.