Boyd Group Services Inc. (TSE:BYD) Given Average Rating of “Buy” by Analysts

Shares of Boyd Group Services Inc. (TSE:BYD) have received a consensus recommendation of “Buy” from the twelve brokerages that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$277.75.

Several analysts have recently commented on the stock. National Bankshares reduced their price objective on shares of Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday, November 6th. ATB Capital reduced their price target on shares of Boyd Group Services from C$340.00 to C$320.00 in a report on Wednesday, November 6th. BMO Capital Markets dropped their price objective on shares of Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. Stifel Nicolaus reduced their target price on Boyd Group Services from C$280.00 to C$275.00 in a research note on Monday, October 28th. Finally, Raymond James dropped their price target on Boyd Group Services from C$295.00 to C$285.00 in a research note on Thursday, November 7th.

Insider Transactions at Boyd Group Services

In other news, Director Robert Berthold Espey bought 200 shares of the stock in a transaction dated Tuesday, November 26th. The stock was bought at an average price of C$220.00 per share, for a total transaction of C$44,000.00. Company insiders own 0.37% of the company’s stock.

Boyd Group Services Stock Performance

Shares of BYD opened at C$215.00 on Friday. The company has a current ratio of 0.61, a quick ratio of 0.30 and a debt-to-equity ratio of 146.14. The firm’s fifty day simple moving average is C$216.31 and its two-hundred day simple moving average is C$224.31. Boyd Group Services has a 12 month low of C$198.61 and a 12 month high of C$324.75. The stock has a market capitalization of C$4.62 billion, a P/E ratio of 57.33, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99.

Boyd Group Services (TSE:BYD) last announced its earnings results on Tuesday, November 5th. The company reported C$0.20 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.46). The business had revenue of C$1.03 billion for the quarter, compared to the consensus estimate of C$1.03 billion. Boyd Group Services had a net margin of 1.93% and a return on equity of 7.21%. As a group, analysts predict that Boyd Group Services will post 7.1452646 EPS for the current year.

Boyd Group Services Company Profile

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.