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

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have earned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$80.71.

Several research firms recently issued reports on BDGI. TD Securities upped their price target on Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Raymond James Financial cut shares of Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and increased their target price for the stock from C$60.00 to C$72.00 in a report on Wednesday, October 22nd. National Bankshares set a C$84.00 price target on shares of Badger Infrastructure Solutions and gave the company an “outperform” rating in a report on Thursday, November 27th. BMO Capital Markets boosted their price objective on shares of Badger Infrastructure Solutions from C$82.00 to C$85.00 in a research report on Friday, January 16th. Finally, Canaccord Genuity Group raised their target price on shares of Badger Infrastructure Solutions from C$60.00 to C$71.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th.

Badger Infrastructure Solutions Stock Performance

Shares of BDGI stock opened at C$80.81 on Friday. The stock has a market capitalization of C$2.73 billion, a price-to-earnings ratio of 44.40 and a beta of 1.01. Badger Infrastructure Solutions has a one year low of C$33.62 and a one year high of C$82.57. The company’s 50-day simple moving average is C$74.81 and its 200-day simple moving average is C$65.11. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73.

Badger Infrastructure Solutions (TSE:BDGI) last announced 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 return on equity of 16.64% and a net margin of 5.71%.The firm had revenue of C$330.48 million for the quarter. Equities analysts anticipate that Badger Infrastructure Solutions will post 3.3008403 earnings per share for the current fiscal 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.