Badger Infrastructure Solutions Ltd. (TSE:BDGI) Receives Average Recommendation of "Moderate Buy" from Analysts

Badger Infrastructure Solutions Ltd. (TSE:BDGI - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven research firms that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$49.64.

BDGI has been the subject of several recent research reports. CIBC increased their target price on shares of Badger Infrastructure Solutions from C$49.00 to C$52.00 in a research note on Friday, December 13th. Raymond James reduced their price objective on Badger Infrastructure Solutions from C$50.00 to C$46.00 and set an "outperform" rating for the company in a research note on Friday, November 1st. Finally, Stifel Nicolaus reduced their target price on Badger Infrastructure Solutions from C$56.00 to C$51.00 and set a "buy" rating for the company in a report on Friday, November 1st.

Insider Buying and Selling

In other Badger Infrastructure Solutions news, Director Stephanie Cuskley purchased 1,000 shares of the stock in a transaction dated Thursday, November 7th. The shares were bought at an average cost of C$38.97 per share, with a total value of C$38,971.20. Corporate insiders own 0.33% of the company's stock.

Badger Infrastructure Solutions Price Performance

Badger Infrastructure Solutions stock traded down C$0.01 during midday trading on Wednesday, hitting C$39.87. The company's stock had a trading volume of 105,459 shares, compared to its average volume of 84,859. Badger Infrastructure Solutions has a 12 month low of C$34.85 and a 12 month high of C$51.50. The company has a quick ratio of 1.49, a current ratio of 1.65 and a debt-to-equity ratio of 97.25. The company has a market capitalization of C$1.37 billion, a PE ratio of 24.31 and a beta of 1.14. The stock's 50-day moving average price is C$37.50 and its 200-day moving average price is C$37.72.

Badger Infrastructure Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Tuesday, December 31st. Badger Infrastructure Solutions's dividend payout ratio is 43.90%.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.