TSE:BDT

Bird Construction (BDT.TO)

63.86
-3.57 (5.29%)
as of Jul 29, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 29, 2026, 12:00 am

This summary was created by AI, based on 16 opinions in the last 12 months.

Bird Construction (BDT-T) has garnered a mix of bullish and cautious sentiments from various experts. Many highlight the company's significant backlog and exposure to growth areas like AI data centers, renewables, and infrastructure projects, anticipating that these factors will drive margin expansion and profitability. However, concerns about the construction sector's inherent volatility, thinner margins, and the risks associated with fixed-price contracts temper some of the enthusiasm. Analysts emphasize the importance of keeping an eye on the valuation, with some suggesting that the stock appears to be overbought, while others see it as a solid long-term hold with strong revenue visibility, especially under new government infrastructure spending plans. In light of recent performance, some experts advise waiting for a pullback to capitalize on a better entry point.

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Consensus
Bullish
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Valuation
Fair Value
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BUY
Has been really beaten up. Have about $14.70 in cash. Payout ratio of about 36% in 08 and 09 will be more difficult. Very cheap.
TOP PICK
Infrastructure Play. Conservatively managed, low payout ratio. Only risk is if the backlog falters or they don’t do well competitively.
SELL
(Market Call Minute.) Sees construction activity slowing quite dramatically in western Canada.
BUY
Over $1 billion backlog. Best of the infrastructure companies. Still making good money.
BUY
General contractor and regarded as one of the best in Canada. Not a REIT so will be impacted by the trust legislation in 2011. Have a very healthy backlog with a lot of work in Western Canada. On his radar screen.
TOP PICK
Big play on the oil sands and this may be why it is going down. Well diversified engineering/construction company. Grew its earnings 218% last quarter and trades at 8.5X earnings. Margins have gone up 50%. Top quality management team. 4% yield. Exceptionally cheap.
BUY
This is the highest quality name in this space. Trades at a discounted valuation to a lot of the other infrastructure players. Very astute management team. 3.4% yield.
BUY
One of the most interesting companies in the engineering and contracting space. Probably have one of the best histories in terms of profitability and margins. Very well managed. Long-term hold.
TOP PICK
Not in the housing market. Involved in infrastructure. This business is priced for very modest growth, but infastructure spending is up big.
PAST TOP PICK
(A Top Pick June 22/06. Up 37%.) Manages infrastructure contracts and deals. Highly trusted by government departments and large companies it works for. Huge backlogs.
BUY
Had a good run which reduced the yield to 6.75%. They will go through the 4 years for income trusts and come out as a corporation. Expecting higher dividends.
PAST TOP PICK
(A Top Pick Mar 29/06. Up 3.2%.) Runs mainly infrastructure projects. Hires other companies to do the work. Have long-term clients. Pays a good dividend. Very high quality.
BUY
Engineering and infrastructure. They will be able to change back from an income trust to a corporation. Just won a contract out west. No reason it can’t continue to give you good distributions through the 4-year income trust gravy train.
PAST TOP PICK
(A Top Pick June 22/06. Up 11%.) A good hold.
TOP PICK
Under owned and under covered. 10% yield. Have overseas construction projects. Very highly connected on infrastructure. Huge backlog.
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