Bird Construction (BDT) to Release Earnings on Tuesday

Bird Construction (TSE:BDT) is scheduled to release its earnings data after the market closes on Tuesday, November 5th. Analysts expect Bird Construction to post earnings of C$0.68 per share for the quarter.

Bird Construction (TSE:BDT) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.38 by C$0.04. Bird Construction had a net margin of 2.68% and a return on equity of 26.97%. The company had revenue of C$873.54 million for the quarter, compared to the consensus estimate of C$772.65 million.

Bird Construction Trading Up 2.1 %

Bird Construction stock opened at C$30.94 on Monday. The firm’s 50-day moving average is C$25.72 and its 200-day moving average is C$24.10. The company has a debt-to-equity ratio of 70.40, a quick ratio of 1.20 and a current ratio of 1.25. Bird Construction has a 1 year low of C$10.72 and a 1 year high of C$32.67. The company has a market cap of C$1.71 billion, a P/E ratio of 19.83, a PEG ratio of 0.53 and a beta of 1.05.

Bird Construction Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 20th will be given a $0.0467 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.56 annualized dividend and a yield of 1.81%. Bird Construction’s dividend payout ratio is presently 53.85%.

Wall Street Analyst Weigh In

BDT has been the topic of several recent research reports. Cibc World Mkts upgraded shares of Bird Construction to a “hold” rating in a research report on Friday, August 9th. Raymond James boosted their price target on shares of Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. National Bankshares boosted their price target on shares of Bird Construction from C$23.00 to C$28.00 in a research report on Thursday, October 10th. BMO Capital Markets boosted their price target on shares of Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. Finally, TD Securities lifted their price objective on shares of Bird Construction from C$31.00 to C$36.00 in a research note on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$31.88.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.