Shares of 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 Analysts Forecast Growth
Several equities analysts have commented on BDT shares. TD Securities upped their price target on Bird Construction from C$26.00 to C$31.00 in a report on Thursday, May 22nd. Cibc World Mkts upgraded Bird Construction from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 14th. Stifel Nicolaus reduced their target price 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. Canaccord Genuity Group decreased their price target on shares of 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, Raymond James Financial raised shares of Bird Construction from an "outperform" rating to a "strong-buy" rating and set a C$35.00 price target on the stock in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of C$32.44.
Check Out Our Latest Research Report on BDT
Bird Construction Price Performance
The company has a 50-day moving average of C$26.87 and a 200 day moving average of C$24.06. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25. The firm has a market cap of C$1.66 billion, a P/E ratio of 17.98, a P/E/G ratio of 0.53 and a beta of 1.05.
Bird Construction Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 20th will be issued a $0.07 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.83%. The ex-dividend date is Thursday, July 31st. Bird Construction's payout ratio is 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.
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