Badger Infrastructure Solutions Ltd. (TSE:BDGI) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Consensus "Moderate Buy": Eight analysts cover Badger Infrastructure Solutions with a split of four holds and four buys, giving a consensus rating of Moderate Buy and an average 1‑year target of C$77.13.
• Analysts have recently trimmed targets to roughly C$70–80, with BMO, Canaccord, Stifel, Acumen and TD all lowering price objectives while maintaining mixed "hold"/"buy" stances.
• Stock and results snapshot: shares opened at C$62.04 (50‑day/200‑day MAs ~C$69–70), market cap ~C$2.09B, P/E ~35.5; last quarter EPS C$0.47 on C$280.8M revenue, 12‑month range C$33.62–C$82.57.

Badger Infrastructure Solutions Ltd. (TSE:BDGI - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eight analysts that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$77.13.

BDGI has been the topic of a number of recent analyst reports. BMO Capital Markets lowered their price objective on Badger Infrastructure Solutions from C$85.00 to C$80.00 and set a "market perform" rating on the stock in a research report on Friday, March 6th. Canaccord Genuity Group lowered their price target on Badger Infrastructure Solutions from C$81.00 to C$70.00 and set a "hold" rating on the stock in a report on Monday, March 9th. Stifel Nicolaus cut their price objective on Badger Infrastructure Solutions from C$85.00 to C$81.00 and set a "buy" rating for the company in a report on Monday, March 9th. Acumen Capital decreased their price objective on shares of Badger Infrastructure Solutions from C$82.25 to C$80.00 and set a "buy" rating on the stock in a research report on Monday, March 9th. Finally, TD Securities dropped their target price on shares of Badger Infrastructure Solutions from C$83.00 to C$80.00 and set a "buy" rating for the company in a research report on Monday, March 9th.

Badger Infrastructure Solutions Price Performance

Shares of TSE:BDGI opened at C$62.04 on Wednesday. The company has a 50 day moving average of C$69.43 and a 200 day moving average of C$70.35. The company has a current ratio of 1.37, a quick ratio of 1.49 and a debt-to-equity ratio of 87.32. The stock has a market cap of C$2.09 billion, a P/E ratio of 35.45 and a beta of 0.55. Badger Infrastructure Solutions has a 12 month low of C$33.62 and a 12 month high of C$82.57.

Badger Infrastructure Solutions (TSE:BDGI - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported C$0.47 earnings per share (EPS) for the quarter. The business had revenue of C$280.79 million for the quarter. Badger Infrastructure Solutions had a net margin of 7.30% and a return on equity of 24.10%. As a group, sell-side analysts forecast that Badger Infrastructure Solutions will post 3.3008403 EPS for the current fiscal year.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.

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