A number of other equities analysts also recently commented on the stock. CIBC raised their price objective on shares of Bird Construction from C$6.75 to C$8.00 and gave the stock a “neutral” rating in a report on Thursday, November 10th. Raymond James upgraded shares of Bird Construction from an “outperform” rating to a “strong-buy” rating and set a C$11.00 price target for the company in a research note on Wednesday, November 9th.
Bird Construction Trading Up 7.9 %
Shares of TSE BDT opened at C$7.90 on Wednesday. The stock’s 50 day moving average price is C$6.73 and its two-hundred day moving average price is C$6.94. Bird Construction has a 52-week low of C$5.74 and a 52-week high of C$9.90. The stock has a market capitalization of C$424.19 million and a P/E ratio of 9.52. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 65.14.
Bird Construction (TSE:BDT – Get Rating) last released its earnings results on Tuesday, November 8th. The company reported C$0.29 earnings per share for the quarter, beating the consensus estimate of C$0.20 by C$0.09. The company had revenue of C$668.16 million during the quarter, compared to the consensus estimate of C$640.27 million. On average, analysts anticipate that Bird Construction will post 0.9200001 earnings per share for the current fiscal year.
Bird Construction Company Profile
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Bird Construction Inc operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial, and institutional sectors of the general contracting industry. It constructs industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; undertakes structural, mechanical, piping, electrical, and instrumentation works that include off-site metal and modular fabrication; and provides insulation, metal siding and cladding, ductwork, asbestos abatement, and high voltage testing and commissioning services, as well as constructs power lines.
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