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BDGI Stock Chart & Stats
C$83.00
C$2.96(3.10%)
At close: 4:00 PM EDT
C$83.00
C$2.96(3.10%)
Day’s Range― - ―
52-Week RangeC$59.98 - C$102.12
Previous CloseN/A
Volume111.02K
Average Volume (3M)91.29K
Market Cap
C$3.04B
Enterprise ValueC$3.59B
Total Cash (Recent Filing)C$7.06M
Total Debt (Recent Filing)C$327.82M
Price to Earnings (P/E)30.0
Beta0.86
Next Earnings
Nov 05, 2026EPS Estimate
1.49Next Dividend Ex-DateN/A
Dividend Yield0.85%
Share Statistics
EPS (TTM)2.13
Shares Outstanding33,659,560
10 Day Avg. Volume89,029
30 Day Avg. Volume91,293
Financial Highlights & Ratios
PEG Ratio1.46
Price to Book (P/B)8.37
Price to Sales (P/S)2.92
P/FCF Ratio74.36
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$113.50Price Target Upside36.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.43
Revenue Forecast (FY)C$988.89M
Bulls Say, Bears Say
Bulls Say
Broad-based Revenue GrowthStrong growth across utilities, transportation, hospitals, LNG, semiconductors and data centers indicates broad customer demand rather than reliance on one market. This diversification can support steadier utilization and revenue expansion as infrastructure work continues across multiple end markets.
Fleet And Manufacturing ExpansionExpanding the hydrovac fleet increases Badger’s capacity to serve customers and capture infrastructure demand. Higher internal manufacturing output and the planned second U.S. plant could improve deployment flexibility, support geographic growth, and strengthen capacity over the next several years.
Improving Operating ProductivityHigher revenue per truck shows that Badger is extracting more value from its existing asset base through utilization, pricing and operating analytics. If these gains persist, they can improve returns on fleet investment and support earnings growth without relying solely on adding equipment.
Bears Say
Weak Free-cash-flow ConversionVery low free-cash-flow conversion means reported earnings are not currently translating into substantial surplus cash. Heavy reinvestment or working-capital needs could limit internally funded expansion, increase reliance on financing capacity, and reduce flexibility if operating conditions weaken.
Higher Financial LeverageThe increase in leverage raises Badger’s sensitivity to softer activity, margin pressure and financing costs. Although the company remains profitable, a more leveraged balance sheet can constrain capital allocation and reduce the cushion available to fund fleet expansion or absorb operational setbacks.
Near-term Margin DilutionInvestment spending is intended to support future growth, but it is currently reducing gross profitability. Continued hiring, training and service-line rollout could delay margin recovery, making near-term earnings more dependent on successful execution and sufficient utilization to absorb these costs.
Badger Infrastructure Solutions News
BDGI FAQ
What was Badger Infrastructure Solutions’s price range in the past 12 months?
Badger Infrastructure Solutions lowest stock price was C$59.98 and its highest was C$102.12 in the past 12 months.
What is Badger Infrastructure Solutions’s market cap?
Badger Infrastructure Solutions’s market cap is C$3.04B.
When is Badger Infrastructure Solutions’s upcoming earnings report date?
Badger Infrastructure Solutions’s upcoming earnings report date is Nov 05, 2026 which is in 18 days.
How were Badger Infrastructure Solutions’s earnings last quarter?
Badger Infrastructure Solutions released its earnings results on Jul 30, 2026. The company reported C$0.977 earnings per share for the quarter, beating the consensus estimate of C$0.913 by C$0.064.
Is Badger Infrastructure Solutions overvalued?
According to Wall Street analysts Badger Infrastructure Solutions’s price is currently Undervalued.
Does Badger Infrastructure Solutions pay dividends?
Badger Infrastructure Solutions pays a Quarterly dividend of C$0.195 which represents an annual dividend yield of 0.85%. See more information on Badger Infrastructure Solutions dividends here
What is Badger Infrastructure Solutions’s EPS estimate?
Badger Infrastructure Solutions’s EPS estimate is 1.49.
How many shares outstanding does Badger Infrastructure Solutions have?
Badger Infrastructure Solutions has 33,659,560 shares outstanding.
What happened to Badger Infrastructure Solutions’s price movement after its last earnings report?
Badger Infrastructure Solutions reported an EPS of C$0.977 in its last earnings report, beating expectations of C$0.913. Following the earnings report the stock price went up 4.431%.
Which hedge fund is a major shareholder of Badger Infrastructure Solutions?
Currently, no hedge funds are holding shares in TSE:BDGI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Badger Infrastructure Solutions Stock Smart Score
Outperform
1
2
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$113.50 (36.75% Upside)
C$113.50 (36.75% Upside)
Insider Transactions
Bought Shares
Worth C$72.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
33.72%
12-Months-Change
Fundamentals
Return on Equity
24.14%
Trailing 12-Months
Asset Growth
22.55%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Badger Infrastructure Solutions
Badger Infrastructure Solutions Ltd., a company established in Calgary, Canada, in 1992, delivers non-destructive excavating and related support services throughout Canada and the United States. Formerly known as Badger Daylighting Ltd. until its name change in May 2021, the company's core offering revolves around its proprietary Badger Hydrovac technology. This advanced system precisely liquifies ground cover using a pressurized water stream, which is then efficiently removed via a vacuum system and stored in an integrated tank. The company provides an extensive portfolio of specialized solutions. These include daylighting for the visual verification of subterranean lines, creating test holes for directional drilling, subsurface utility engineering, and sacrificial anode installations, as well as facilitating pipeline and utility crossings. Badger also conducts slot trenching and excavates service repair pits vital for gas service tie-ins, electric cable fault repairs, water main and service repairs, and telecom splices. Furthermore, its services cover excavations for poles and pilings, including those for utilities, traffic signals, transmission lines, light standards, and signposts, along with pole removals. It also handles various piling needs like end-bearing, pilot holes for friction, and spread footing piles, in addition to well monitor installations. Badger offers comprehensive debris removal for frac tanks, road and box culverts, pipe-rammed casings, ballast and filter media, and material extraction from within structures. Specialized pipeline excavation supports crossings, tie-ins, hydro probing, utility conflict resolution, and oil/fuel spill remediation. Complementary services encompass anode installation, emergency response, and precise potholing. Beyond fieldwork, the company also designs, engineers, and supplies excavation shoring systems. As of December 31, 2021, Badger operated a fleet of 1,371 Badger hydrovacs. It serves a wide array of sectors, including aggregate, construction, engineering, industrial, mining, oil and gas, power generation, transportation, utility, and railway industries.
BDGI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call signals strong operational and financial momentum: record organic revenue growth (+23% YoY), robust adjusted EBITDA growth (+25% YoY) and improved RPT (+14% YoY) driven by higher utilization, pricing momentum and analytics‑led operational gains. The company is investing to scale (new U.S. plant, service lines, hiring and operational programs) and has a solid balance sheet (C$300M bond, leverage ~1.5x EBITDA). Near‑term headwinds include investment‑related gross margin dilution (~50–70 bps), some early‑quarter delays capturing pricing in select markets, limited quantified backlog disclosure, and remaining uncertainty around U.S. plant capex/timing and tariff exposure. Overall, the positive operational results and balance sheet flexibility outweigh the near‑term investment and execution uncertainties.View all TSE:BDGI earnings summariesBDGI Stock 12 Month Forecast
Average Price Target
C$113.50
▲(36.75% Upside)