Bird Construction Inc (TSE:BDT) – Stock analysts at National Bank Financial upped their FY2019 EPS estimates for Bird Construction in a research report issued to clients and investors on Wednesday, November 6th. National Bank Financial analyst M. Sytchev now anticipates that the company will earn $0.19 per share for the year, up from their previous forecast of $0.14. National Bank Financial has a “Outperform Market Weight” rating on the stock.
Bird Construction (TSE:BDT) last posted its quarterly earnings results on Tuesday, August 13th. The company reported C$0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.04 by C($0.02). The firm had revenue of C$315.43 million for the quarter, compared to analyst estimates of C$366.60 million.
Other analysts also recently issued reports about the stock. Raymond James reiterated an “outperform” rating and issued a C$9.00 price objective on shares of Bird Construction in a research report on Thursday. Canaccord Genuity lifted their price objective on shares of Bird Construction from C$5.00 to C$6.50 in a research report on Thursday. Finally, TD Securities cut their price objective on shares of Bird Construction from C$8.50 to C$7.50 and set a “buy” rating on the stock in a research report on Thursday, August 15th.
Shares of TSE:BDT opened at C$6.80 on Monday. The company has a market cap of $290.82 million and a PE ratio of 54.84. The company’s 50-day moving average price is C$6.01 and its 200 day moving average price is C$5.85. Bird Construction has a fifty-two week low of C$4.88 and a fifty-two week high of C$8.20. The company has a quick ratio of 1.11, a current ratio of 1.13 and a debt-to-equity ratio of 73.80.
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 given a $0.0325 dividend. The ex-dividend date is Wednesday, October 30th. This represents a $0.39 annualized dividend and a yield of 5.74%. Bird Construction’s dividend payout ratio is presently 314.52%.
About Bird Construction
Bird Construction Inc operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial, and institutional sectors of the general contracting industry. It constructs industrial buildings; and performs civil construction operations, including site preparation, concrete foundations, metal and modular fabrication, mechanical process work, underground piping, and earthwork for clients primarily operating in the oil and gas, liquefied natural gas, mining, and nuclear sectors.
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