Black Diamond Group (BDI) Stock Price, News & Analysis

Company Overview

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America. Its products include office units, lavatories, storage units, large multi-unit office complexes, classroom facilities, banking and health care facilities, high security modular buildings, custom manufactured modular facilities, blast resistant structures, SmartSpace interchangeable paneled units, and storage containers. This segment also sells new and used space rentals units; and provides delivery, installation, project management, and ancillary rental items, products, and services. The Workforce Solutions segment provides workforce housing solutions, including rental of accommodations and surface equipment, and provision of turnkey lodging and travel management logistics services in Canada, the United States, and Australia. This segment also provides associated services, such as installation, transportation, dismantlement, and sale of used fleet assets. This segment primarily serves the resource, infrastructure, construction, disaster recovery, and education sectors. It also provides specialized field rentals to oil and gas industries. The company markets its rental assets, custom sales, and ancillary products and services through in-house sales personnel, its website, social media, web campaigns, and its digital marketplace. Black Diamond Group Limited was founded in 2003 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$9.23 to C$9.47
• 50-Day Range: C$8.68 to C$9.45
• 52-Week Range: C$7.40 to C$10.27
• Volume: 9,221 shs
• Average Volume: 58,682 shs
• Market Capitalization: C$562.55 million
• P/E Ratio: 19.56
• Dividend Yield: 1.28%
• Price Target: C$12.19
• Consensus Rating: Buy

Black Diamond Group Stock Analysis - MarketRank™

Black Diamond Group scored higher than 76% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Black Diamond Group has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Black Diamond Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Black Diamond Group is 19.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Black Diamond Group is 19.56, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 370.35.

Price to Book Value per Share Ratio

Black Diamond Group has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BDI.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Black Diamond Group pays a meaningful dividend of 1.27%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Black Diamond Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Black Diamond Group is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BDI.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.88

News Sentiment

Black Diamond Group has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Black Diamond Group this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Black Diamond Group insiders have sold 10,077.91% more of their company's stock than they have bought. Specifically, they have bought C$4,526.00 in company stock and sold C$460,652.00 in company stock.

Percentage Held by Insiders

23.83% of the stock of Black Diamond Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 7.04% of the stock of Black Diamond Group is held by institutions.

BDI Stock Analysis - Frequently Asked Questions

How have BDI shares performed this year?

Black Diamond Group's stock was trading at C$8.17 at the beginning of the year. Since then, BDI shares have increased by 14.9% and is now trading at C$9.39.
View the best growth stocks for 2024 here.

How do I buy shares of Black Diamond Group?

Shares of BDI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Black Diamond Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Black Diamond Group investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and Athabasca Oil (ATH).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Today: 12/21/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Rental & Leasing Services
• Sub-Industry: N/A
• Current Symbol: TSE:BDI
• CUSIP: N/A
• CIK: N/A
• Web: www.blackdiamondlimited.com
• Phone: +1-403-2064747
• Fax: N/A
• Employees: 485
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$12.19
• High Stock Price Target: C$14.00
• Low Stock Price Target: C$10.25
• Potential Upside/Downside: +29.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.48
• Trailing P/E Ratio: 19.56
• Forward P/E Ratio: 17.55
• P/E Growth: N/A
• Net Income: C$30.34 million
• Net Margins: 7.78%
• Pretax Margin: N/A
• Return on Equity: 10.86%
• Return on Assets: 4.98%

Debt

• Debt-to-Equity Ratio: 84.84
• Current Ratio: 1.18
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: C$389.97 million
• Price / Sales: 1.44
• Cash Flow: C$0.41 per share
• Price / Cash Flow: 22.71
• Book Value: C$4.95 per share
• Price / Book: 1.90

Miscellaneous

• Outstanding Shares: 59,910,000
• Free Float: N/A
• Market Cap: C$562.55 million
• Optionable: Not Optionable
• Beta: 1.54