Bird Construction Inc. (TSE:BDT) Receives Consensus Rating of “Buy” from Analysts

Shares of Bird Construction Inc. (TSE:BDT) have been given an average rating of “Buy” by the nine ratings firms that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$32.69.

A number of analysts have recently issued reports on BDT shares. Canaccord Genuity Group dropped their target price on Bird Construction from C$36.00 to C$35.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. National Bankshares dropped their target price on Bird Construction from C$32.00 to C$30.00 and set a “sector perform” rating on the stock in a research report on Friday, March 14th. Cibc World Mkts raised Bird Construction from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 14th. BMO Capital Markets dropped their target price on Bird Construction from C$30.00 to C$28.00 in a research report on Thursday, April 17th. Finally, TD Securities dropped their target price on Bird Construction from C$36.00 to C$33.00 and set a “buy” rating on the stock in a research report on Tuesday, March 18th.

Bird Construction Trading Up 2.2%

TSE:BDT opened at C$25.86 on Wednesday. The business’s 50-day moving average is C$21.95 and its two-hundred day moving average is C$24.32. The company has a debt-to-equity ratio of 74.70, a current ratio of 1.25 and a quick ratio of 1.20. Bird Construction has a 12 month low of C$17.52 and a 12 month high of C$32.67. The firm has a market capitalization of C$1.45 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05.

Bird Construction Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th were paid a $0.07 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $0.84 dividend on an annualized basis and a yield of 3.25%. Bird Construction’s dividend payout ratio (DPR) is 50.87%.

Bird Construction Company Profile

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.