Bird Construction Inc. (TSE:BDT) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Bird Construction Inc. (TSE:BDT) have been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$33.25.

Separately, CIBC lifted their target price on shares of Bird Construction from C$34.00 to C$36.00 in a research report on Monday, February 3rd.

Bird Construction Stock Down 3.3 %

BDT opened at C$20.43 on Friday. The company has a market capitalization of C$1.14 billion, a P/E ratio of 12.37, a P/E/G ratio of 0.53 and a beta of 1.05. The company has a debt-to-equity ratio of 74.70, a current ratio of 1.25 and a quick ratio of 1.20. The firm’s fifty day moving average price is C$23.28 and its two-hundred day moving average price is C$25.67. Bird Construction has a fifty-two week low of C$17.89 and a fifty-two week high of C$32.67.

Bird Construction Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date is Friday, February 28th. Bird Construction’s dividend payout ratio (DPR) is currently 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.