Badger Infrastructure Solutions (TSE:BDGI – Free Report) had its price target lowered by National Bank Financial from C$113.00 to C$100.00 in a report published on Monday,BayStreet reports. The brokerage currently has an outperform rating on the stock.
Separately, Raymond James Financial boosted their target price on Badger Infrastructure Solutions from C$98.00 to C$105.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$94.38.
View Our Latest Analysis on Badger Infrastructure Solutions
Badger Infrastructure Solutions Stock Up 5.2%
Shares of Badger Infrastructure Solutions stock opened at C$79.70 on Monday. The company has a quick ratio of 1.49, a current ratio of 1.46 and a debt-to-equity ratio of 109.77. Badger Infrastructure Solutions has a 12 month low of C$59.98 and a 12 month high of C$102.12. The business has a fifty day simple moving average of C$87.58 and a 200 day simple moving average of C$81.12. The stock has a market cap of C$2.68 billion, a PE ratio of 45.54 and a beta of 0.65.
Badger Infrastructure Solutions (TSE:BDGI – Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The company reported C$1.37 EPS for the quarter. Badger Infrastructure Solutions had a return on equity of 19.19% and a net margin of 6.15%. The business had revenue of C$407.92 million during the quarter. Research analysts predict that Badger Infrastructure Solutions will post 3.30 EPS for the current year.
Insiders Place Their Bets
In other news, Director Stephen James Jones bought 600 shares of the business’s stock in a transaction on Monday, August 17th. The shares were 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 owned 6,300 shares in the company, valued at approximately C$566,937. This trade represents a 10.53% increase in their position. Company insiders own 0.33% of the company’s stock.
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.
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