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

Shares of Bird Construction Inc. (TSE:BDT) have earned a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$33.25.

Separately, CIBC increased their target price on Bird Construction from C$34.00 to C$36.00 in a research note on Monday, February 3rd.

Bird Construction Stock Performance

BDT stock opened at C$21.23 on Friday. Bird Construction has a twelve month low of C$17.89 and a twelve month high of C$32.67. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70. The company has a market cap of C$1.19 billion, a P/E ratio of 12.86, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. The business’s fifty day moving average is C$23.38 and its 200-day moving average is C$25.70.

Bird Construction Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th will be paid a $0.07 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.84 dividend on an annualized basis and a yield of 3.96%. Bird Construction’s payout ratio is 50.87%.

About Bird Construction

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.