Free Trial

Bird Construction (TSE:BDT) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Bird Construction logo with Industrials background

Bird Construction Inc. (TSE:BDT - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$24.50 and traded as high as C$26.24. Bird Construction shares last traded at C$26.00, with a volume of 313,351 shares traded.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on BDT shares. National Bankshares lowered their price target on Bird Construction from C$32.00 to C$30.00 and set a "sector perform" rating on the stock in a research note on Friday, March 14th. Stifel Nicolaus lowered their price objective on Bird Construction from C$37.00 to C$34.50 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Cibc World Mkts raised Bird Construction from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 14th. Canaccord Genuity Group lowered their price objective on Bird Construction from C$36.00 to C$35.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. Finally, BMO Capital Markets lowered their price objective on Bird Construction from C$30.00 to C$28.00 in a research note on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of C$31.61.

View Our Latest Report on Bird Construction

Bird Construction Price Performance

The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70. The company has a market cap of C$1.45 billion, a PE ratio of 15.74, a P/E/G ratio of 0.53 and a beta of 1.05. The stock has a 50-day simple moving average of C$21.48 and a 200 day simple moving average of C$24.50.

Bird Construction Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th will be given a $0.07 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $0.84 dividend on an annualized basis and a yield of 3.23%. Bird Construction's dividend payout ratio is currently 50.87%.

About Bird Construction

(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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Bird Construction Right Now?

Before you consider Bird Construction, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bird Construction wasn't on the list.

While Bird Construction currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Spring 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Nuclear Stocks One Announcement Away from Exploding
3 AI ETFs for Steady Gains in 2025 (Without the Wild Volatility)
Goldman Sachs Warns of 20% Market Drop—Are They Right?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines