Bird Construction Inc. (TSE:BDT - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$23.87 and traded as high as C$27.81. Bird Construction shares last traded at C$27.53, with a volume of 94,763 shares.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on BDT. Canaccord Genuity Group lowered their price target on Bird Construction from C$36.00 to C$35.00 and set a "buy" rating on the stock in a report on Friday, March 14th. Stifel Nicolaus decreased their price objective on Bird Construction from C$34.50 to C$34.00 and set a "buy" rating for the company in a research report on Thursday, May 22nd. TD Securities boosted their target price on Bird Construction from C$26.00 to C$31.00 in a report on Thursday, May 22nd. Raymond James Financial raised shares of Bird Construction from an "outperform" rating to a "strong-buy" rating and set a C$35.00 price objective on the stock in a research note on Tuesday, April 22nd. Finally, CIBC raised their price objective on shares of Bird Construction from C$31.00 to C$31.50 in a research note on Thursday, May 22nd. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$32.44.
View Our Latest Research Report on BDT
Bird Construction Trading Down 0.1%
The business's fifty day moving average price is C$25.41 and its 200 day moving average price is C$23.93. 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 firm has a market capitalization of C$1.58 billion, a PE ratio of 17.11, a P/E/G ratio of 0.53 and a beta of 1.05.
Bird Construction Announces Dividend
The firm also recently announced a monthly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th were given 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 2.97%. Bird Construction's dividend payout ratio (DPR) 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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