Bird Construction (TSE:BDT) Reaches New 52-Week High – Time to Buy?

Shares of Bird Construction Inc. (TSE:BDT) reached a new 52-week high on Thursday . The stock traded as high as C$34.00 and last traded at C$33.33, with a volume of 243131 shares traded. The stock had previously closed at C$32.14.

More Bird Construction News

Here are the key news stories impacting Bird Construction this week:

• Positive Sentiment: Company reported a combined $11 billion backlog and pending backlog, giving multi‑year revenue visibility and reducing near‑term revenue volatility — a key reason investors are bidding the stock up. Bird Reports 2025 Fourth Quarter Results; $11 Billion Combined Backlog and Pending Backlog
• Positive Sentiment: Coverage highlighting the Fraser River deal and record backlog frames these wins as reshaping Bird’s investment case — the deal adds scale to the pipeline and supports higher utilization. Should Bird’s Record Backlog and Fraser River Deal Reshape the Investment Case for Bird (TSX:BDT)?
• Positive Sentiment: Q4 results: EPS C$0.57, revenue C$877M, ROE ~21.4% — the quarter and supporting slide deck reinforced execution and margins, helping justify analyst upgrades. Q4 press release / slide deck
• Positive Sentiment: Multiple broker upgrades and higher price targets: Stifel raised its PT to C$55 (buy), Raymond James to C$44 (outperform) and several others raised targets — these re‑ratings increase upside in sell‑side models and likely boosted buyer interest. Analyst price target updates (BayStreet)
• Neutral Sentiment: Analysis noting a shifting narrative toward tighter targets and higher stakes: management discipline can lift valuation but raises execution risk if delivery slips — monitor guidance and margin trends. Why The Narrative Around Bird Construction (TSX:BDT) Is Shifting With Tighter Targets And Higher Stakes
• Neutral Sentiment: Valuation pieces assessing the stock after Ontario All‑Weather Road acceleration suggest upside is sensitive to project timing and margin assumptions — valuation now reflects higher backlog but hinges on execution. Assessing Bird Construction (TSX:BDT) Valuation After Ontario All‑Weather Road Acceleration News

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Canadian Imperial Bank of Commerce dropped their target price on Bird Construction from C$37.00 to C$36.00 in a research report on Friday, November 14th. ATB Cormark Capital Markets upped their price target on Bird Construction from C$35.00 to C$38.00 and gave the stock an “outperform” rating in a research report on Friday. Raymond James Financial raised their price target on shares of Bird Construction from C$34.00 to C$44.00 and gave the stock an “outperform” rating in a research note on Friday. National Bank Financial lifted their price objective on shares of Bird Construction from C$34.00 to C$39.00 and gave the company an “outperform” rating in a report on Friday. Finally, Canaccord Genuity Group boosted their price objective on shares of Bird Construction from C$33.00 to C$37.00 and gave the stock a “buy” rating in a research report on Friday. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, Bird Construction has a consensus rating of “Buy” and a consensus price target of C$39.88.

Bird Construction Price Performance

The company’s 50-day moving average price is C$30.93 and its two-hundred day moving average price is C$29.04. The company has a debt-to-equity ratio of 75.66, a current ratio of 1.26 and a quick ratio of 1.20. The company has a market capitalization of C$1.89 billion, a P/E ratio of 20.05, a price-to-earnings-growth ratio of 0.53 and a beta of 0.68.

Bird Construction (TSE:BDT) last announced its earnings results on Wednesday, March 11th. The company reported C$0.57 EPS for the quarter. Bird Construction had a net margin of 1.40% and a return on equity of 10.81%. The business had revenue of C$877.01 million during the quarter. As a group, sell-side analysts expect that Bird Construction Inc. will post 2.7598533 EPS for the current year.

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.