Stephen James Jones Acquires 600 Shares of Badger Infrastructure Solutions (TSE:BDGI) Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Stephen James Jones purchased 600 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were purchased at an average price of C$89.99 per share, for a total transaction of C$53,994.00. Following the completion of the acquisition, the director owned 6,300 shares of the company’s stock, valued at C$566,937. The trade was a 10.53% increase in their position.

Stephen James Jones also recently made the following trade(s):

• On Friday, August 14th, Stephen James Jones acquired 200 shares of Badger Infrastructure Solutions stock. The stock was purchased at an average price of C$88.58 per share, with a total value of C$17,716.00.

Badger Infrastructure Solutions Price Performance

Badger Infrastructure Solutions stock opened at C$86.72 on Wednesday. Badger Infrastructure Solutions Ltd. has a 52 week low of C$53.38 and a 52 week high of C$99.46. The company’s 50 day moving average price is C$91.10 and its two-hundred day moving average price is C$78.67. The stock has a market cap of C$2.92 billion, a P/E ratio of 48.18 and a beta of 0.78. The company has a quick ratio of 1.49, a current ratio of 1.34 and a debt-to-equity ratio of 105.14.

Badger Infrastructure Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th were given a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Badger Infrastructure Solutions’s dividend payout ratio (DPR) is presently 30.49%.

Wall Street Analyst Weigh In

BDGI has been the subject of a number of recent analyst reports. Stifel Nicolaus upped their price objective on Badger Infrastructure Solutions from C$82.00 to C$94.00 and gave the company a “buy” rating in a research note on Monday, May 4th. National Bank Financial boosted their price target on shares of Badger Infrastructure Solutions from C$74.00 to C$103.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Raymond James Financial increased their price target on shares of Badger Infrastructure Solutions from C$98.00 to C$105.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Canaccord Genuity Group raised their price objective on shares of Badger Infrastructure Solutions from C$90.00 to C$112.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Finally, Canadian Imperial Bank of Commerce lifted their price objective on shares of Badger Infrastructure Solutions from C$85.00 to C$104.00 and gave the stock an “outperformer” rating in a research report on Wednesday, July 8th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$94.75.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.