Bird Construction Inc. (TSE:BDT) Receives C$33.00 Average PT from Analysts

Shares of Bird Construction Inc. (TSE:BDT - Get Free Report) have earned a consensus rating of "Moderate Buy" from the nine research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$33.00.

BDT has been the topic of several analyst reports. ATB Capital lifted their price target on shares of Bird Construction from C$33.00 to C$35.00 in a report on Thursday, October 10th. Raymond James raised their price objective on Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. BMO Capital Markets upped their target price on Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. Stifel Nicolaus raised their price target on Bird Construction from C$37.00 to C$38.00 in a report on Thursday, November 7th. Finally, TD Securities upped their price objective on shares of Bird Construction from C$31.00 to C$36.00 in a report on Thursday, October 10th.

Bird Construction Stock Down 1.0 %

BDT stock traded down C$0.23 during trading on Thursday, reaching C$22.69. 247,863 shares of the company traded hands, compared to its average volume of 248,797. The business has a 50 day simple moving average of C$27.57 and a 200 day simple moving average of C$26.32. Bird Construction has a 12 month low of C$14.10 and a 12 month high of C$32.67. The company has a debt-to-equity ratio of 70.40, a quick ratio of 1.20 and a current ratio of 1.25. The company has a market capitalization of C$1.26 billion, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05.

Bird Construction (TSE:BDT - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The company reported C$0.69 earnings per share for the quarter, beating analysts' consensus estimates of C$0.67 by C$0.02. Bird Construction had a net margin of 2.68% and a return on equity of 26.97%. The business had revenue of C$898.94 million for the quarter, compared to analysts' expectations of C$961.37 million. On average, equities research analysts anticipate that Bird Construction will post 2.7598533 earnings per share for the current fiscal year.

Bird Construction Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend is Friday, January 31st. Bird Construction's dividend payout ratio is presently 53.85%.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.