Bird Construction Inc. (TSE:BDT) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Bird Construction Inc. (TSE:BDT - Get Free Report) have earned an average recommendation of "Moderate Buy" from the nine analysts that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$33.25.

Separately, CIBC upped their price target on shares of Bird Construction from C$34.00 to C$36.00 in a research report on Monday, February 3rd.

Bird Construction Trading Down 0.1 %

TSE BDT traded down C$0.03 during trading hours on Friday, hitting C$20.75. 491,496 shares of the company's stock were exchanged, compared to its average volume of 220,173. The business's 50 day moving average is C$23.57 and its 200-day moving average is C$25.74. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25. Bird Construction has a 12-month low of C$17.89 and a 12-month high of C$32.67. The firm has a market capitalization of C$1.16 billion, a P/E ratio of 12.57, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05.

Bird Construction Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be issued a dividend of $0.07 per share. The ex-dividend date is Friday, February 28th. This represents a $0.84 annualized dividend and a dividend yield of 4.05%. Bird Construction's payout ratio is currently 50.87%.

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About Bird Construction

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.