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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (103237)	3/5/2021 8:24:23 AM
From: Goose94	Respond to of 203382

Badger Daylighting (BAD-T) iA Capital Markets analyst Elias Foscolos has downgraded Badger Daylighting to "sell" from "hold." Mr. Foscolos cut buck from his share target, taking it to $39. Analysts on average target the shares at $42.33. Ahead of the release of its fourth quarter financial results on March 11, Mr. Foscolos says he is "moving to the sidelines" on Badger Daylighting, seeing "perfection priced into the stock." Mr. Foscolos projects revenue and earnings before interest, taxes, depreciation and amortization for the Calgary-based hydrovac services company of $141-million and $34-million falling in line with the consensus estimates on the Street of $143-million and $36-million. Citing tempered expectations for utilization and forex headwinds, he trimmed his 2021 estimates to $623-million and $155-million (versus $641-million and $164-million). Mr. Foscolos says in a note: "BAD will need to significantly ramp up its manufacturing to continue growing while replacing projected retirements. While BAD's growth potential may be substantial, we believe there is a risk that high expectations will not be fully realized."