This summary was created by AI, based on 5 opinions in the last 12 months.
Black Diamond Group, which specializes in modular structures, has garnered attention from analysts who appreciate its resilience in challenging market conditions. Despite a recent recommendation to cover positions after a trigger at $8.50, the overall sentiment remains optimistic due to the company's increasing cash reserves and proactive debt reduction strategies. The company is noted for its growth in bookings and revenue from rentals, with a healthy outlook driven by the anticipated ramp-up in infrastructure projects. Analysts have set price targets ranging from $11.50 to $12.54, highlighting a potential upside of 20-30%. With its current earnings multiples and low book value ratios, Black Diamond is considered a strong contender in its sector.
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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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, 1 stock analyst published opinions about BDI-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Black Diamond Group.
Black Diamond Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Black Diamond Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Black Diamond Group In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Black Diamond Group (BDI-T) stock closed at a price of $8.77.
Our PAST TOP PICK with BDI has triggered its stop at $8.50. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 8%, when combined with our previous guidance.