Badger Infrastructure Solutions (TSE:BDGI) Director Stephen James Jones Acquires 600 Shares of Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGIGet Free Report) Director Stephen James Jones bought 600 shares of the company’s stock in a transaction on Monday, August 17th. The stock was bought at an average cost of C$89.99 per share, for a total transaction of C$53,994.00. Following the completion of the acquisition, the director directly owned 6,300 shares of the company’s stock, valued at approximately C$566,937. This represents a 10.53% increase in their position.

Stephen James Jones also recently made the following trade(s):

  • On Friday, August 14th, Stephen James Jones bought 200 shares of Badger Infrastructure Solutions stock. The stock was bought at an average cost of C$88.58 per share, for a total transaction of C$17,716.00.

Badger Infrastructure Solutions Price Performance

Shares of TSE:BDGI opened at C$89.32 on Tuesday. Badger Infrastructure Solutions Ltd. has a 1-year low of C$53.38 and a 1-year high of C$99.46. The company has a debt-to-equity ratio of 105.14, a current ratio of 1.34 and a quick ratio of 1.49. The business has a fifty day moving average price of C$91.23 and a 200-day moving average price of C$78.61. The company has a market capitalization of C$3.01 billion, a PE ratio of 49.62 and a beta of 0.78.

Badger Infrastructure Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th were given a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Badger Infrastructure Solutions’s dividend payout ratio is 30.49%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BDGI. Canaccord Genuity Group increased their price target on shares of Badger Infrastructure Solutions from C$90.00 to C$112.00 and gave the company a “buy” rating in a report on Friday, June 26th. Stifel Nicolaus increased their target price on Badger Infrastructure Solutions from C$82.00 to C$94.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Raymond James Financial lifted their target price on Badger Infrastructure Solutions from C$98.00 to C$105.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. National Bank Financial boosted their price target on Badger Infrastructure Solutions from C$74.00 to C$103.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Finally, Canadian Imperial Bank of Commerce increased their price objective on Badger Infrastructure Solutions from C$85.00 to C$104.00 and gave the company an “outperformer” rating in a research report on Wednesday, July 8th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Badger Infrastructure Solutions currently has an average rating of “Moderate Buy” and an average target price of C$94.75.

View Our Latest Stock Analysis on BDGI

About Badger Infrastructure Solutions

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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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