Badger Infrastructure Solutions Ltd. (TSE:BDGI) Given Average Rating of “Moderate Buy” by Brokerages

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has received an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$50.36.

BDGI has been the topic of several recent research reports. Stifel Nicolaus upped their price target on Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. CIBC upped their target price on shares of Badger Infrastructure Solutions from C$52.00 to C$55.00 in a research note on Monday, February 3rd.

Badger Infrastructure Solutions Stock Down 1.4 %

TSE:BDGI opened at C$38.80 on Friday. The stock’s fifty day moving average is C$38.33 and its two-hundred day moving average is C$38.07. Badger Infrastructure Solutions has a 52 week low of C$34.85 and a 52 week high of C$51.50. The stock has a market capitalization of C$926.83 million, a price-to-earnings ratio of 22.46 and a beta of 1.14. The company has a quick ratio of 1.49, a current ratio of 1.73 and a debt-to-equity ratio of 92.49.

Badger Infrastructure Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were given a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.72 annualized dividend and a yield of 1.86%. Badger Infrastructure Solutions’s dividend payout ratio (DPR) is 41.68%.

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.