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

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have received an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$51.50.

A number of analysts have weighed in on the stock. CIBC raised their price objective on shares of Badger Infrastructure Solutions from C$55.00 to C$59.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. Stifel Nicolaus raised their price objective on shares of Badger Infrastructure Solutions from C$51.00 to C$53.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Finally, Raymond James raised their price objective on shares of Badger Infrastructure Solutions from C$46.00 to C$50.00 and gave the company an “outperform” rating in a research note on Friday, March 7th.

Badger Infrastructure Solutions Stock Up 0.3 %

TSE:BDGI opened at C$40.49 on Thursday. The firm has a market cap of C$967.20 million, a P/E ratio of 23.44 and a beta of 1.14. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73. Badger Infrastructure Solutions has a fifty-two week low of C$34.85 and a fifty-two week high of C$51.50. The firm has a 50-day simple moving average of C$39.23 and a two-hundred day simple moving average of C$38.31.

Badger Infrastructure Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend was Tuesday, December 31st. Badger Infrastructure Solutions’s payout ratio is 41.68%.

Insiders Place Their Bets

In other news, Director Mary Jordan bought 800 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were bought at an average price of C$39.32 per share, for a total transaction of C$31,456.00. 0.33% of the stock is owned by company insiders.

About Badger Infrastructure Solutions

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.