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

Badger Infrastructure Solutions Ltd. (TSE:BDGI - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight analysts that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$50.00.

BDGI has been the topic of several research analyst reports. CIBC dropped their price objective on Badger Infrastructure Solutions from C$52.00 to C$50.00 and set an "outperform" rating on the stock in a research note on Tuesday, August 6th. Raymond James cut their price objective on Badger Infrastructure Solutions from C$54.00 to C$50.00 and set an "outperform" rating on the stock in a report on Tuesday, August 6th. BMO Capital Markets lowered their target price on Badger Infrastructure Solutions from C$45.00 to C$42.00 and set a "market perform" rating for the company in a research note on Friday, August 2nd. Canaccord Genuity Group cut their price target on shares of Badger Infrastructure Solutions from C$60.00 to C$55.00 and set a "buy" rating on the stock in a research note on Tuesday, July 9th. Finally, Stifel Nicolaus lowered their price objective on shares of Badger Infrastructure Solutions from C$56.60 to C$55.50 and set a "buy" rating for the company in a research report on Tuesday, August 6th.

Insider Activity at Badger Infrastructure Solutions

In related news, Senior Officer Julie Lee acquired 751 shares of the company's stock in a transaction dated Wednesday, September 11th. The shares were bought at an average price of C$35.51 per share, for a total transaction of C$26,667.71. In other news, Senior Officer Julie Lee acquired 751 shares of the firm's stock in a transaction dated Wednesday, September 11th. The stock was bought at an average price of C$35.51 per share, with a total value of C$26,667.71. Also, Senior Officer Pradeep Atluri acquired 2,000 shares of the stock in a transaction dated Friday, September 6th. The shares were purchased at an average price of C$35.45 per share, for a total transaction of C$70,902.00. Over the last quarter, insiders have purchased 4,242 shares of company stock valued at $137,096. 0.38% of the stock is owned by insiders.

Badger Infrastructure Solutions Trading Up 0.5 %

BDGI traded up C$0.19 during mid-day trading on Thursday, hitting C$37.51. The stock had a trading volume of 33,893 shares, compared to its average volume of 71,503. The stock's fifty day simple moving average is C$37.04 and its 200-day simple moving average is C$41.69. The firm has a market capitalization of C$1.29 billion, a price-to-earnings ratio of 23.12 and a beta of 1.14. Badger Infrastructure Solutions has a 1-year low of C$32.25 and a 1-year high of C$51.50. The company has a debt-to-equity ratio of 97.25, a current ratio of 1.65 and a quick ratio of 1.49.

Badger Infrastructure Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.18 per share. The ex-dividend date is Friday, September 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.92%. Badger Infrastructure Solutions's dividend payout ratio is 43.64%.

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.