Boyd Group Services Inc. (TSE:BYD) Given Consensus Rating of "Buy" by Brokerages

Boyd Group Services Inc. (TSE:BYD - Get Free Report) has been given an average rating of "Buy" by the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$277.75.

Several equities research analysts recently issued reports on the stock. BMO Capital Markets cut their target price on shares of Boyd Group Services from C$260.00 to C$250.00 in a research note on Wednesday. Raymond James cut their price objective on Boyd Group Services from C$295.00 to C$285.00 in a research report on Thursday. ATB Capital reduced their target price on Boyd Group Services from C$340.00 to C$320.00 in a research note on Wednesday. National Bankshares dropped their price target on Boyd Group Services from C$270.00 to C$245.00 in a research note on Wednesday. Finally, Royal Bank of Canada cut their price target on Boyd Group Services from C$306.00 to C$280.00 and set an "outperform" rating for the company in a report on Wednesday, October 23rd.

Insider Activity

In other Boyd Group Services news, Senior Officer Jeff Murray bought 456 shares of the stock in a transaction on Monday, August 12th. The stock was purchased at an average price of C$223.12 per share, with a total value of C$101,742.72. Corporate insiders own 0.37% of the company's stock.

Boyd Group Services Stock Down 1.2 %

BYD traded down C$2.71 during trading hours on Friday, hitting C$217.42. 77,600 shares of the company's stock were exchanged, compared to its average volume of 57,357. The stock has a market cap of C$4.67 billion, a price-to-earnings ratio of 57.98, a PEG ratio of -56.72 and a beta of 0.99. Boyd Group Services has a 1-year low of C$198.61 and a 1-year high of C$324.75. The stock's 50-day moving average is C$213.62 and its two-hundred day moving average is C$233.01. The company has a quick ratio of 0.30, a current ratio of 0.61 and a debt-to-equity ratio of 146.14.

Boyd Group Services (TSE:BYD - Get Free Report) last released its earnings results on Tuesday, November 5th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.66 by C($0.46). The company 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 return on equity of 7.21% and a net margin of 1.93%. Sell-side analysts predict that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Boyd Group Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 29th. Shareholders of record on Monday, September 30th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.28%. The ex-dividend date was Friday, September 27th. Boyd Group Services's payout ratio is presently 16.00%.

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.