Bird Construction Inc. (TSE:BDT) receives an average “buy” recommendation from analysts
Shares of Bird Construction Inc. (TSE:BDT – Get Rating) received an average rating of “Buy” from the seven research firms that currently cover the company, Marketbeat.com reports. Four analysts rated the stock with a Buy recommendation. The 12-month average price target among brokers who have hedged the stock over the past year is C$12.29.
Separately, Raymond James set a price target of C$13.50 on Bird Construction and gave the company an “outperform” rating in a Wednesday, March 9 report.
Shares of TSE:BDT opened at C$8.07 on Wednesday. Bird Construction has a 1-year low of C$8.05 and a 1-year high of C$10.78. The company has a debt ratio of 64.91, a current ratio of 1.21 and a quick ratio of 1.19. The company has a 50-day moving average price of C$8.96 and a 200-day moving average price of C$9.49. The company has a market capitalization of C$433.32 million and a PE ratio of 10.05.
Bird Construction (TSE:BDT – Get Rating) last released its quarterly results on Tuesday, March 8. The company reported earnings per share of C$0.24 for the quarter, beating the consensus estimate of C$0.21 by C$0.03. The company posted revenue of C$597.80 million for the quarter, compared to a consensus estimate of C$627.30 million. On average, sell-side analysts expect Bird Construction to post 1.1499999 earnings per share for the current fiscal year.
The company also recently disclosed a monthly dividend, which was paid on Wednesday, April 20. Investors of record on Thursday, March 31 received a dividend of $0.032. The ex-dividend date was Wednesday, March 30. This represents an annualized dividend of $0.38 and a yield of 4.76%. Bird Construction’s payout rate is 40.47%.
Bird Construction Company Profile (Get a rating)
Bird Construction Inc operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial and institutional sectors of the general contracting industry. It constructs industrial buildings, including manufacturing, processing, distribution and warehousing facilities; undertakes structural, mechanical, piping, electrical and instrumentation work which includes off-site fabrication of metal and modules; and provides insulation, metal facing and coating, conduit, asbestos removal, and high voltage testing and commissioning services, as well as power line construction.
This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]
Should you invest $1,000 in Bird Construction right now?
Before you consider Bird Construction, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Bird Construction wasn’t on the list.
Although Bird Construction currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here