Badger Infrastructure Solutions (TSE:BDGI – Get Free Report) posted its quarterly earnings data on Thursday. The company reported C$1.37 EPS for the quarter, FiscalAI reports. The business had revenue of C$407.92 million during the quarter. Badger Infrastructure Solutions had a return on equity of 24.14% and a net margin of 7.16%.
Badger Infrastructure Solutions Trading Down 6.2%
TSE BDGI traded down C$4.97 on Friday, reaching C$74.74. The stock had a trading volume of 297,857 shares, compared to its average volume of 152,225. The firm has a market capitalization of C$2.52 billion, a price-to-earnings ratio of 41.52 and a beta of 0.65. Badger Infrastructure Solutions has a 12-month low of C$59.98 and a 12-month high of C$102.12. The company has a quick ratio of 1.49, a current ratio of 1.34 and a debt-to-equity ratio of 105.14. The stock has a fifty day moving average price of C$87.92 and a two-hundred day moving average price of C$81.16.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on BDGI. National Bank Financial raised their price target on shares of Badger Infrastructure Solutions from C$74.00 to C$103.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Raymond James Financial boosted their price objective on Badger Infrastructure Solutions from C$98.00 to C$105.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$94.75.
View Our Latest Research Report on Badger Infrastructure Solutions
Insider Activity at Badger Infrastructure Solutions
In related news, Director Stephen James Jones acquired 600 shares of the stock in a transaction dated Monday, August 17th. The stock was acquired at an average cost of C$89.99 per share, with a total value of C$53,994.00. Following the completion of the transaction, the director owned 6,300 shares in the company, valued at C$566,937. This represents a 10.53% increase in their position. 0.33% of the stock is currently owned by company 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. 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.
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