FY2016 EPS Estimates for Bird Construction Inc (BDT) Reduced by Analyst
Bird Construction Inc (TSE:BDT) – Equities researchers at Raymond James Financial reduced their FY2016 earnings per share estimates for Bird Construction in a research note issued on Thursday. Raymond James Financial analyst F. Bastien now forecasts that the firm will post earnings of $0.60 per share for the year, down from their prior forecast of $0.70. Raymond James Financial currently has a “Market Perform” rating and a $11.00 target price on the stock. Raymond James Financial also issued estimates for Bird Construction’s Q4 2016 earnings at $0.15 EPS, Q1 2017 earnings at $0.09 EPS and Q2 2017 earnings at $0.11 EPS.
Several other equities analysts have also commented on BDT. National Bank Financial raised shares of Bird Construction from a “sector perform overweight” rating to an “outperform overweight” rating in a research report on Sunday, August 7th. TD Securities decreased their price objective on shares of Bird Construction from C$13.00 to C$11.50 and set a “hold” rating for the company in a research report on Monday, August 8th. Scotiabank increased their price objective on shares of Bird Construction from C$9.00 to C$10.00 and gave the company a “sector perform” rating in a research report on Friday. Finally, Canaccord Genuity decreased their price objective on shares of Bird Construction from C$13.00 to C$11.50 and set a “hold” rating for the company in a research report on Monday, August 8th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of C$12.17.
Shares of Bird Construction (TSE:BDT) opened at 9.15 on Monday. The company’s 50-day moving average is $10.88 and its 200 day moving average is $12.11. The company has a market capitalization of $389.02 million and a price-to-earnings ratio of 20.33. Bird Construction has a 12 month low of $7.26 and a 12 month high of $14.71.
The firm also recently declared a monthly dividend, which will be paid on Friday, November 18th. Shareholders of record on Friday, November 18th will be given a dividend of $0.0633 per share. This represents a $0.76 dividend on an annualized basis and a yield of 8.30%. The ex-dividend date of this dividend is Thursday, October 27th.
Bird Construction Company Profile
Bird Construction Inc operates as a general contractor in the Canadian construction market. The Company focuses on projects in the industrial, commercial and institutional sectors of the general contracting industry. It operates through the general contracting sector of the construction industry segment.
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