This summary was created by AI, based on 4 opinions in the last 12 months.
Black Diamond Group (BDI-T) has emerged as a top pick among analysts due to its strong performance and strategic financial management. The company has demonstrated resilience in a challenging environment, with analysts highlighting the increasing bookings and revenue in rentals, which have seen growth exceeding 15%. Cash reserves are steadily rising, while the company effectively manages its debts by retiring them and buying back shares. The stock is currently trading at attractive multiples, around 20-24 times earnings and under 2 times book value, indicating potential for future growth in line with ramping up infrastructure projects. Several analysts have established price targets around $12, suggesting significant upside potential and overall confidence in Black Diamond's market positioning.
EPS of $0.08 missed expectations of $0.086 and revenues of $91.1M beat estimates of $83.64M. This is the second consecutive quarter of disappointing results, and while it trades at a reasonable valuation of 13.3X forward earnings, its high and growing debt levels are a concern. Its valuation has been lower in the past, and so there is room for multiple contraction here. Given its high debt load and long-term declining earnings, we would feel comfortable taking some gains off the table here. With debt levels creeping higher, we feel this can begin to erode its profits and cash flow.
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This had a big fall yesterday. Back in Feb/March this had a big Sell signal on his system. They couldn’t pay their dividend. It is probably going to have a long recovery time if it makes it.
(Market Call Minute) Earnings outlook has collapsed, but now they are turning around. An interesting speculation.
He owns it for the yield. They do camps and rentals for construction. They raised capital recently to expand their business in construction. It is a lot less volatile than the oil business. The oil and gas industry wants to put money back to work.
Black Diamond Group is a Canadian stock, trading under the symbol BDI-T on the Toronto Stock Exchange (BDI-CT). It is usually referred to as TSX:BDI or BDI-T
In the last year, there was no coverage of Black Diamond Group published on Stockchase.
Black Diamond Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Black Diamond Group.
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0 stock analysts on Stockchase covered Black Diamond Group In the last year. It is a trending stock that is worth watching.
On 2025-02-11, Black Diamond Group (BDI-T) stock closed at a price of $8.97.
We reiterate this developer of modular structures as a TOP PICK. Analysts like the resilience the company has demonstrated over the past few challenging quarters. We look to the ramp up in infrastructure projects in its markets as a indicator of future earnings growth potential. We like that cash reserves have been growing, while the company retires debt. It trades at 24x earnings and under 2x book value. We recommend maintaining the stop at $8.50, looking to achieve $12.50 --upside potential of 30%. Yield 1.2%
(Analysts’ price target is $12.54)