Badger Infrastructure Solutions (TSE:BDGI)
TSX:BDGI
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BDGI Stock Chart & Stats
C$63.09
C$0.14(0.38%)
At close: 4:00 PM EST
C$63.09
C$0.14(0.38%)
Day’s Range― - ―
52-Week RangeC$44.53 - C$91.41
Previous CloseN/A
Volume30.40K
Average Volume (3M)84.13K
Market Cap
C$2.98B
Enterprise ValueC$2.43B
Total Cash (Recent Filing)C$6.80M
Total Debt (Recent Filing)C$296.46M
Price to Earnings (P/E)31.6
Beta0.89
Next Earnings
Jul 30, 2026EPS Estimate
0.88Next Dividend Ex-DateN/A
Dividend Yield0.99%
Share Statistics
EPS (TTM)2.01
Shares Outstanding33,659,560
10 Day Avg. Volume113,393
30 Day Avg. Volume84,125
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$93.00Price Target Upside47.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)2.25
Revenue Forecast (FY)C$956.25M
Bulls Say, Bears Say
Bulls Say
Market Position & Fleet ScaleA large, young fleet plus a national accounts program creates durable competitive advantages: higher utilization, lower per-job downtime, easier cross-region deployment and stickier customer relationships. This structural scale supports consistent service availability and pricing power across cycles.
Strong Profitability And Return On EquitySustained EBITDA and net margins alongside a ~25% ROE indicate efficient operations and effective capital deployment. These durable margins provide internal financing capacity and buffer against cyclicality, supporting reinvestment or returns without relying solely on external funding.
Vertical Manufacturing And Disciplined Fleet GrowthOwning manufacturing and planning sizable, targeted fleet expansion improves supply control, lowers procurement risk, and enables more predictable unit economics. This vertical approach and explicit fleet-growth targets underpin sustainable top-line growth and long-term margin improvement.
Bears Say
Tariff And Cost ExposureA potential $18M–$30M tariff hit is a structural margin risk given high planned builds. If tariffs persist, unit economics worsen and management may need a U.S. facility—adding multi-quarter capex and complexity—so margins and returns could be permanently pressured until mitigations are in place.
High Capital Intensity And Weak FCF ConversionSubstantial planned capex and low FCF conversion constrain cash available for debt paydown and shareholder returns. Persistent high reinvestment needs increase sensitivity to utilization swings, and negative FCF growth in recent periods raises financing and execution risk over the medium term.
Rising Leverage And Debt DriftModerate but rising leverage reduces financial flexibility and raises vulnerability to demand shocks or higher interest costs. Maintaining target leverage depends on strong operations and FCF; any prolonged margin pressure or capex overruns could force trade-offs between growth and returns.
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$44.53 and its highest was C$91.41 in the past 12 months.
What is Badger Infrastructure Solutions’s market cap?
Badger Infrastructure Solutions’s market cap is C$2.98B.
When is Badger Infrastructure Solutions’s upcoming earnings report date?
Badger Infrastructure Solutions’s upcoming earnings report date is Jul 30, 2026 which is in 52 days.
How were Badger Infrastructure Solutions’s earnings last quarter?
Badger Infrastructure Solutions released its earnings results on Mar 05, 2026. The company reported C$0.474 earnings per share for the quarter, missing the consensus estimate of C$0.685 by -C$0.211.
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 0.99%. See more information on Badger Infrastructure Solutions dividends here
What is Badger Infrastructure Solutions’s EPS estimate?
Badger Infrastructure Solutions’s EPS estimate is 0.88.
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$0.474 in its last earnings report, missing expectations of C$0.685. Following the earnings report the stock price went down -1.628%.
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
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Analyst Consensus
Strong Buy
Average Price Target:
C$93.00 (47.41% Upside)
C$93.00 (47.41% Upside)
Insider Transactions
Bought Shares
Worth C$411.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
64.39%
12-Months-Change
Fundamentals
Return on Equity
23.71%
Trailing 12-Months
Asset Growth
19.06%
Trailing 12-Months
Company Description
Badger Infrastructure Solutions
Badger Infrastructure Solutions 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; slot trenching services; and service repair pits for gas service tie-in, electric cable fault repair, water main and service repair, and telecom splice applications. It also provides pole and piling holes services for utility, traffic signal, and transmission pole holes, as well as light standard and sign post holes; pole removals; end-bearing, pilot holes for friction, and spread footing piles; and well monitor installations applications. In addition, the company offers debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal; pipeline excavation services for pipeline crossing and tie-in, hydro probing, utility conflict, and oil and fuel spill applications; and anode installation, emergency response, and potholing services, as well as designs, engineers, and supplies excavation shoring systems. It serves the aggregate, construction, engineering, industrial, mining, oil and gas, power generation, transportation, and utility industries, as well as railway hydrovac services. As of December 31, 2021, it had a fleet of 1,371 Badger hydrovacs. The company was formerly known as Badger Daylighting Ltd. and changed its name to Badger Infrastructure Solutions Ltd. in May 2021. Badger Infrastructure Solutions Ltd. was founded in 1992 and is headquartered in Calgary, Canada.
BDGI Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicates strong operational and financial momentum: record revenue, year-over-year adjusted EBITDA growth, improved RPT and fleet expansion, plus discipline around leverage and shareholder returns. Management is investing aggressively in fleet builds, branch expansion, Operational Excellence and two adjacent service lines to capture substantial market demand. Principal risks/near-term negatives include tariff uncertainty (potential $18M–$30M cost exposure), elevated 2026 capital requirements and short-term margin pressure from hiring and rollout investments, and potential manufacturing capacity constraints that may necessitate a U.S. facility. Overall, positive fundamentals and clear mitigation plans outweigh the near-term headwinds.View all TSE:BDGI earnings summariesBDGI Stock 12 Month Forecast
Average Price Target
C$93.00
▲(47.41% Upside)
Technical Analysis
Options Prices
Currently, No data available
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