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

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$80.29.

A number of analysts have recently commented on BDGI shares. CIBC upped their target price on Badger Infrastructure Solutions from C$71.00 to C$82.00 in a research note on Friday, November 7th. TD Securities lifted their price target on Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the company a “buy” rating in a research report on Friday, November 7th. National Bankshares set a C$84.00 price objective on Badger Infrastructure Solutions and gave the stock an “outperform” rating in a research report on Thursday, November 27th. BMO Capital Markets raised their price objective on shares of Badger Infrastructure Solutions from C$70.00 to C$82.00 in a research note on Monday, December 8th. Finally, Canaccord Genuity Group lifted their target price on shares of Badger Infrastructure Solutions from C$60.00 to C$71.00 and gave the company a “buy” rating in a report on Tuesday, October 7th.

Badger Infrastructure Solutions Trading Up 2.5%

Shares of Badger Infrastructure Solutions stock opened at C$79.42 on Friday. The company has a debt-to-equity ratio of 92.49, a current ratio of 1.73 and a quick ratio of 1.49. The firm has a fifty day moving average price of C$74.36 and a 200 day moving average price of C$64.19. Badger Infrastructure Solutions has a 1 year low of C$33.62 and a 1 year high of C$80.12. The stock has a market cap of C$2.68 billion, a PE ratio of 43.64 and a beta of 1.01.

Badger Infrastructure Solutions (TSE:BDGI) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.91 EPS for the quarter. The company had revenue of C$330.48 million for the quarter. Badger Infrastructure Solutions had a net margin of 5.71% and a return on equity of 16.64%. Equities research analysts predict that Badger Infrastructure Solutions will post 3.3008403 earnings per share for the current year.

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.