Badger Infrastructure Solutions (TSE:BDGI) Releases Earnings Results

Badger Infrastructure Solutions (TSE:BDGI) released its quarterly earnings data on Thursday. The company reported C$0.47 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$280.79 million during the quarter. Badger Infrastructure Solutions had a net margin of 8.10% and a return on equity of 27.08%.

Badger Infrastructure Solutions Stock Performance

Shares of TSE BDGI opened at C$66.68 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.48 and a debt-to-equity ratio of 88.59. The business’s 50 day moving average is C$73.77 and its two-hundred day moving average is C$69.44. The company has a market cap of C$2.25 billion, a P/E ratio of 36.64 and a beta of 0.55. Badger Infrastructure Solutions has a 12 month low of C$33.62 and a 12 month high of C$82.57.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on BDGI shares. Acumen Capital upped their price target on Badger Infrastructure Solutions from C$77.25 to C$82.25 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Stifel Nicolaus decreased their target price on Badger Infrastructure Solutions from C$88.00 to C$85.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Canadian Imperial Bank of Commerce lifted their price target on shares of Badger Infrastructure Solutions from C$71.00 to C$82.00 in a research report on Friday, November 7th. Canaccord Genuity Group cut shares of Badger Infrastructure Solutions from a “buy” rating to a “hold” rating and set a C$81.00 price objective for the company. in a research note on Monday, February 2nd. Finally, TD Securities upped their price objective on shares of Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$80.91.

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.