RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%
Section1: Company Overview
Bird Construction Inc (TSX: BDT) is a construction company operating from coast-to-coast and servicing all of Canada's major markets. The group provides a comprehensive range of construction services from new construction for industrial, commercial, institutional, and civil infrastructure markets; to industrial maintenance, repair and operations services, heavy civil construction, and mine support services. revenue. This Report covers the Investment Highlights, Key Financial Metrics, Valuation, Target Price, and Recommendation on the stock.
1.1 Investment Highlights
Section2: Financial Highlights
2.1 Key Financial Highlights
Section 3: Stock Recommendation Summary
3.1 Valuation Methodology
Valuation Methodology (Illustrative): EV to Sales based
3.2 Price Performance and Stock Recommendation
The stock has witnessed an upside of ~22.02% and ~55.60% over the last 1 month and 3 months respectively. Moreover, the stock is trading above the average 52-week high price of CAD 19.40 and 52-week low price of CAD 8.01, providing an opportunity to exit. Furthermore, the prices are trading near the resistance and could make some correction. Bird Construction Inc (TSX: BDT) was last covered on 20th February 2024.
3.3 One-Year Technical Price Chart
One-Year Technical Price Chart (as of March 6, 2024). Source: REFINITIV, Analysis: Kalkine Group
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, and currency as of March 6, 2024. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.
Note 4: Dividend Yield may vary as per the stock price movement.
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