Badger Daylighting Ltd (TSE:BAD) – Research analysts at Cormark lowered their Q3 2019 EPS estimates for shares of Badger Daylighting in a report released on Thursday, August 8th. Cormark analyst M. Macdougall now forecasts that the company will post earnings per share of $0.70 for the quarter, down from their previous estimate of $0.76. Cormark also issued estimates for Badger Daylighting’s Q4 2019 earnings at $0.61 EPS, Q2 2020 earnings at $0.49 EPS and Q3 2020 earnings at $0.93 EPS.

Badger Daylighting (TSE:BAD) last issued its earnings results on Monday, May 13th. The company reported C$0.16 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.22 by C($0.06). The firm had revenue of C$146.61 million for the quarter, compared to analyst estimates of C$136.17 million.

Several other equities research analysts also recently issued reports on BAD. BMO Capital Markets dropped their price target on shares of Badger Daylighting from C$53.00 to C$51.00 in a research note on Thursday, August 8th. TD Securities dropped their price target on shares of Badger Daylighting from C$55.00 to C$54.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Finally, Canaccord Genuity lifted their price target on shares of Badger Daylighting from C$53.00 to C$54.00 in a research note on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of C$49.60.

Shares of BAD stock opened at C$41.28 on Monday. The company has a fifty day simple moving average of C$47.14. Badger Daylighting has a 52 week low of C$25.68 and a 52 week high of C$49.57. The company has a debt-to-equity ratio of 35.58, a quick ratio of 1.47 and a current ratio of 1.55. The stock has a market cap of $1.48 billion and a P/E ratio of 23.27.

The business also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st will be given a $0.047 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.37%. The ex-dividend date is Tuesday, July 30th. Badger Daylighting’s payout ratio is currently 31.00%.

About Badger Daylighting

Badger Daylighting 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; potholing; and slot trenching services for perimeter slot trenching, exposing existing cables or conduits, cable or conduit and drain tile installation, and line fault repairs.

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Earnings History and Estimates for Badger Daylighting (TSE:BAD)

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