Bird Construction Inc. (TSE:BDT) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Bird Construction Inc. (TSE:BDT) have received a consensus rating of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$33.00.

A number of research firms recently commented on BDT. BMO Capital Markets boosted their price target on Bird Construction from C$30.00 to C$35.00 in a report on Thursday, October 10th. ATB Capital boosted their price target on shares of Bird Construction from C$33.00 to C$35.00 in a research note on Thursday, October 10th. CIBC boosted their target price on Bird Construction from C$29.50 to C$34.00 in a research report on Friday, December 13th. Stifel Nicolaus lifted their price objective on Bird Construction from C$37.00 to C$38.00 in a research note on Thursday, November 7th. Finally, National Bankshares upped their price target on shares of Bird Construction from C$23.00 to C$28.00 in a research note on Thursday, October 10th.

Bird Construction Price Performance

TSE BDT opened at C$22.92 on Thursday. The company’s 50 day moving average is C$27.74 and its two-hundred day moving average is C$26.34. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 70.40. The stock has a market cap of C$1.27 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 0.53 and a beta of 1.05. Bird Construction has a 12 month low of C$14.10 and a 12 month high of C$32.67.

Bird Construction (TSE:BDT) last issued its earnings results on Tuesday, November 5th. The company reported C$0.69 earnings per share for the quarter, topping the consensus estimate of C$0.67 by C$0.02. The company had revenue of C$898.94 million during the quarter, compared to the consensus estimate of C$961.37 million. Bird Construction had a net margin of 2.68% and a return on equity of 26.97%. As a group, research analysts anticipate that Bird Construction will post 2.7598533 earnings per share for the current year.

Bird Construction Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 20th will be paid a $0.07 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.84 dividend on an annualized basis and a yield of 3.66%. Bird Construction’s payout ratio is 53.85%.

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.