Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Acquires C$38,971.20 in Stock

Badger Infrastructure Solutions Ltd. (TSE:BDGI) Director Stephanie Cuskley purchased 1,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were purchased at an average cost of C$38.97 per share, with a total value of C$38,971.20.

Stephanie Cuskley also recently made the following trade(s):

• On Tuesday, August 13th, Stephanie Cuskley acquired 185 shares of Badger Infrastructure Solutions stock. The stock was purchased at an average cost of C$26.51 per share, with a total value of C$4,904.35.

Badger Infrastructure Solutions Price Performance

BDGI opened at C$37.55 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.65 and a debt-to-equity ratio of 97.25. The company’s 50-day moving average price is C$38.21 and its 200 day moving average price is C$39.71. Badger Infrastructure Solutions Ltd. has a fifty-two week low of C$34.85 and a fifty-two week high of C$51.50. The firm has a market cap of C$1.29 billion, a price-to-earnings ratio of 22.90 and a beta of 1.14.

Badger Infrastructure Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were given a dividend of $0.18 per share. The ex-dividend date was Friday, September 27th. This represents a $0.72 dividend on an annualized basis and a yield of 1.92%. Badger Infrastructure Solutions’s dividend payout ratio is currently 43.90%.

Analysts Set New Price Targets

Several research analysts recently commented on BDGI shares. BMO Capital Markets cut their price target on Badger Infrastructure Solutions from C$45.00 to C$42.00 and set a “market perform” rating on the stock in a research note on Friday, August 2nd. Stifel Nicolaus dropped their target price on shares of Badger Infrastructure Solutions from C$56.00 to C$51.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Raymond James reduced their price target on shares of Badger Infrastructure Solutions from C$50.00 to C$46.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, CIBC cut their price objective on Badger Infrastructure Solutions from C$50.00 to C$49.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$49.21.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.