Bird Construction Inc. (TSE:BDT - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$23.93 and traded as high as C$28.89. Bird Construction shares last traded at C$28.79, with a volume of 102,335 shares.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Raymond James Financial upgraded shares of 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 note on Tuesday, April 22nd. National Bankshares lowered their target price on shares of Bird Construction from C$30.00 to C$28.00 and set a "sector perform" rating on the stock in a research note on Thursday, May 22nd. Stifel Nicolaus lowered their target price on shares of Bird Construction from C$34.50 to C$34.00 and set a "buy" rating on the stock in a research note on Thursday, May 22nd. BMO Capital Markets boosted their price objective on Bird Construction from C$28.00 to C$30.00 in a report on Thursday, May 22nd. Finally, CIBC boosted their price objective on Bird Construction from C$31.00 to C$31.50 in a report on Thursday, May 22nd. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of C$32.44.
Check Out Our Latest Stock Report on BDT
Bird Construction Stock Up 1.1%
The stock's fifty day moving average price is C$26.38 and its 200 day moving average price is C$23.98. The stock has a market cap of C$1.64 billion, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 74.70.
Bird Construction Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, August 20th. Investors of record on Wednesday, August 20th will be issued a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Thursday, July 31st. Bird Construction's dividend payout ratio is currently 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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