Badger Infrastructure Solutions Ltd. (TSE:BDGI) Receives Average Rating of “Moderate Buy” from Analysts

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has received an average rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$81.43.

BDGI has been the subject of several analyst reports. Canadian Imperial Bank of Commerce lifted their price objective on shares of Badger Infrastructure Solutions from C$71.00 to C$82.00 in a research note on Friday, November 7th. Raymond James Financial downgraded shares of Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and lifted their price target for the company from C$60.00 to C$72.00 in a research report on Wednesday, October 22nd. BMO Capital Markets boosted their price target on Badger Infrastructure Solutions from C$82.00 to C$85.00 in a research note on Friday, January 16th. National Bankshares set a C$82.00 price objective on Badger Infrastructure Solutions and gave the stock a “sector perform” rating in a research note on Friday, January 23rd. Finally, Canaccord Genuity Group cut Badger Infrastructure Solutions from a “buy” rating to a “hold” rating and set a C$81.00 price objective for the company. in a report on Monday, February 2nd.

Badger Infrastructure Solutions Stock Performance

TSE:BDGI opened at C$68.09 on Tuesday. The stock has a 50 day simple moving average of C$75.64 and a 200 day simple moving average of C$67.38. The stock has a market cap of C$2.30 billion, a P/E ratio of 37.41 and a beta of 0.84. Badger Infrastructure Solutions has a 1-year low of C$33.62 and a 1-year high of C$82.57. The company has a current ratio of 1.73, a quick ratio of 1.49 and a debt-to-equity ratio of 92.49.

Badger Infrastructure Solutions (TSE:BDGI) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$0.91 earnings per share for the quarter. The firm had revenue of C$330.48 million for the quarter. Badger Infrastructure Solutions had a return on equity of 16.64% and a net margin of 5.71%. Research analysts anticipate 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.