Bird Construction Inc. (TSE:BDT - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$24.08 and traded as high as C$28.23. Bird Construction shares last traded at C$27.94, with a volume of 174,426 shares.
Analysts Set New Price Targets
Several research analysts have weighed in on BDT shares. National Bankshares cut their price target on Bird Construction from C$30.00 to C$28.00 and set a "sector perform" rating for the company in a report on Thursday, May 22nd. BMO Capital Markets lifted their price target on shares of Bird Construction from C$28.00 to C$30.00 in a report on Thursday, May 22nd. TD Securities upped their price objective on Bird Construction from C$26.00 to C$31.00 in a report on Thursday, May 22nd. Raymond James raised Bird Construction from an "outperform" rating to a "strong-buy" rating and set a C$35.00 target price on the stock in a research report on Tuesday, April 22nd. Finally, Canaccord Genuity Group lowered their price target on Bird Construction from C$36.00 to C$35.00 and set a "buy" rating for the company in a research report on Friday, March 14th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Bird Construction currently has a consensus rating of "Buy" and a consensus target price of C$32.44.
Read Our Latest Analysis on Bird Construction
Bird Construction Price Performance
The company has a market cap of C$1.56 billion, a price-to-earnings ratio of 16.92, a P/E/G ratio of 0.53 and a beta of 1.05. The company's 50-day simple moving average is C$24.01 and its 200-day simple moving average is C$24.08. The company has a debt-to-equity ratio of 74.70, a current ratio of 1.25 and a quick ratio of 1.20.
Bird Construction Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $0.84 annualized dividend and a yield of 3.01%. Bird Construction's dividend payout ratio is presently 50.87%.
Bird Construction Company Profile
(
Get Free Report)
Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.
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