Wayne Richard Gingrich Acquires 1,100 Shares of Bird Construction (TSE:BDT) Stock

by · The Markets Daily

Bird Construction Inc. (TSE:BDT – Get Free Report) insider Wayne Richard Gingrich bought 1,100 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was purchased at an average cost of C$25.26 per share, with a total value of C$27,786.00. Following the purchase, the insider directly owned 14,000 shares in the company, valued at C$353,640. The trade was a 8.53% increase in their position.

Wayne Richard Gingrich also recently made the following trade(s):

  • On Friday, November 14th, Wayne Richard Gingrich purchased 4,000 shares of Bird Construction stock. The shares were purchased at an average cost of C$25.39 per share, for a total transaction of C$101,560.00.
  • On Friday, November 14th, Wayne Richard Gingrich purchased 100 shares of Bird Construction stock. The shares were purchased at an average price of C$25.38 per share, with a total value of C$2,538.00.
  • On Friday, November 14th, Wayne Richard Gingrich acquired 900 shares of Bird Construction stock. The shares were purchased at an average cost of C$25.39 per share, for a total transaction of C$22,851.00.
  • On Monday, November 17th, Wayne Richard Gingrich bought 900 shares of Bird Construction stock. The shares were purchased at an average price of C$25.30 per share, for a total transaction of C$22,770.00.
  • On Monday, November 17th, Wayne Richard Gingrich bought 500 shares of Bird Construction stock. The stock was purchased at an average cost of C$25.28 per share, with a total value of C$12,640.00.
  • On Monday, November 17th, Wayne Richard Gingrich purchased 400 shares of Bird Construction stock. The stock was acquired at an average price of C$25.27 per share, with a total value of C$10,108.00.
  • On Monday, November 17th, Wayne Richard Gingrich acquired 100 shares of Bird Construction stock. The shares were acquired at an average price of C$25.26 per share, for a total transaction of C$2,526.00.
  • On Monday, November 17th, Wayne Richard Gingrich acquired 300 shares of Bird Construction stock. The stock was acquired at an average cost of C$25.27 per share, with a total value of C$7,581.00.

Bird Construction Trading Down 2.1%

Bird Construction stock traded down C$0.59 during trading on Friday, hitting C$28.12. The company’s stock had a trading volume of 114,679 shares, compared to its average volume of 214,752. The stock’s fifty day moving average is C$28.36 and its 200 day moving average is C$27.90. Bird Construction Inc. has a 1-year low of C$17.52 and a 1-year high of C$31.76. The stock has a market capitalization of C$1.56 billion, a price-to-earnings ratio of 16.54, a P/E/G ratio of 0.53 and a beta of 0.51. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25.

Bird Construction (TSE:BDT – Get Free Report) last issued its quarterly earnings results on Wednesday, November 12th. The company reported C$0.57 earnings per share (EPS) for the quarter. Bird Construction had a return on equity of 26.11% and a net margin of 2.81%.The firm had revenue of C$951.43 million for the quarter. As a group, equities research analysts predict that Bird Construction Inc. will post 2.7598533 EPS for the current year.

Bird Construction Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 19th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a c) annualized dividend and a yield of 3.0%. Bird Construction’s dividend payout ratio is 48.04%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BDT. TD Securities lifted their price target on shares of Bird Construction from C$32.00 to C$36.00 and gave the company a “buy” rating in a report on Monday, October 27th. Raymond James Financial increased their target price on Bird Construction from C$35.00 to C$37.00 in a research report on Wednesday, October 15th. BMO Capital Markets reduced their target price on Bird Construction from C$37.00 to C$34.00 in a report on Thursday, November 13th. ATB Capital upped their price target on Bird Construction from C$33.00 to C$34.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Finally, CIBC cut their price objective on Bird Construction from C$37.00 to C$36.00 in a report on Friday, November 14th. Two equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$35.88.

Get Our Latest Research Report on BDT

About Bird Construction

(Get Free Report)

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.

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