Badger Infrastructure Solutions (TSE:BDGI) Director Buys C$17,716.00 in Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Stephen James Jones bought 200 shares of the business’s stock in a transaction on Friday, August 14th. The shares were purchased at an average cost of C$88.58 per share, for a total transaction of C$17,716.00. Following the completion of the purchase, the director owned 5,700 shares in the company, valued at approximately C$504,906. This trade represents a 3.64% increase in their ownership of the stock.

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

• On Monday, August 17th, Stephen James Jones bought 600 shares of Badger Infrastructure Solutions stock. The stock was acquired at an average price of C$89.99 per share, with a total value of C$53,994.00.

Badger Infrastructure Solutions Stock Performance

Shares of Badger Infrastructure Solutions stock opened at C$85.96 on Thursday. Badger Infrastructure Solutions Ltd. has a 12 month low of C$53.38 and a 12 month high of C$99.46. The company has a quick ratio of 1.49, a current ratio of 1.34 and a debt-to-equity ratio of 105.14. The stock has a market cap of C$2.89 billion, a PE ratio of 47.76 and a beta of 0.78. The business has a fifty day simple moving average of C$91.00 and a 200-day simple moving average of C$78.73.

Badger Infrastructure Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th were paid a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Badger Infrastructure Solutions’s dividend payout ratio is currently 30.49%.

Wall Street Analysts Forecast Growth

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

About Badger Infrastructure Solutions

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.