Badger Infrastructure Solutions Ltd. (TSE:BDGI) Given Average Recommendation of “Moderate Buy” by Analysts

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has been given an average recommendation of “Moderate Buy” by the seven analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$49.64.

Several brokerages recently weighed in on BDGI. CIBC boosted their price objective on Badger Infrastructure Solutions from C$49.00 to C$52.00 in a report on Friday, December 13th. Stifel Nicolaus lowered their price target 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. Finally, Raymond James dropped their price target on Badger Infrastructure Solutions from C$50.00 to C$46.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st.

Badger Infrastructure Solutions Price Performance

BDGI opened at C$36.62 on Friday. The company has a market capitalization of C$1.26 billion, a P/E ratio of 22.33 and a beta of 1.14. The company has a 50-day moving average of C$37.34 and a 200-day moving average of C$37.91. The company has a debt-to-equity ratio of 97.25, a quick ratio of 1.49 and a current ratio of 1.65. Badger Infrastructure Solutions has a 1-year low of C$34.85 and a 1-year high of C$51.50.

Badger Infrastructure Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Tuesday, December 31st. Badger Infrastructure Solutions’s dividend payout ratio is presently 43.90%.

Insider Buying and Selling at Badger Infrastructure Solutions

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

About Badger Infrastructure Solutions

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.