Bird Construction Inc. (TSE:BDT - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$24.06 and traded as high as C$29.75. Bird Construction shares last traded at C$29.67, with a volume of 87,628 shares.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on BDT. CIBC lifted their target price on Bird Construction from C$31.00 to C$31.50 in a report on Thursday, May 22nd. National Bankshares lowered their target price 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. Raymond James Financial upgraded Bird Construction from an "outperform" rating to a "strong-buy" rating and set a C$35.00 target price for the company in a report on Tuesday, April 22nd. TD Securities lifted their target price on Bird Construction from C$26.00 to C$31.00 in a report on Thursday, May 22nd. Finally, BMO Capital Markets lifted their target price on Bird Construction from C$28.00 to C$30.00 in a report on Thursday, May 22nd. One equities 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's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of C$32.44.
View Our Latest Stock Analysis on Bird Construction
Bird Construction Stock Down 0.2%
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 stock has a 50 day simple moving average of C$27.15 and a 200 day simple moving average of C$24.10. The stock has a market cap of C$1.66 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 0.53 and a beta of 1.05.
Bird Construction Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, August 20th. Shareholders of record on Wednesday, August 20th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Thursday, July 31st. This represents a $0.84 dividend on an annualized basis and a yield of 2.83%. Bird Construction's dividend payout ratio (DPR) is presently 50.87%.
Bird Construction Company Profile
(
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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.
Further Reading
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