Boyd Group Services Inc. (TSE:BYD) Receives C$277.75 Average PT from Analysts

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

BYD has been the topic of several analyst reports. National Bankshares cut their target price on Boyd Group Services from C$270.00 to C$245.00 in a research note on Wednesday, November 6th. BMO Capital Markets dropped their price target on Boyd Group Services from C$260.00 to C$250.00 in a research note on Wednesday, November 6th. CIBC dropped their price target on Boyd Group Services from C$290.00 to C$268.00 in a research note on Friday, August 9th. Stifel Nicolaus dropped their price target on Boyd Group Services from C$280.00 to C$275.00 in a research note on Monday, October 28th. Finally, ATB Capital dropped their price target on Boyd Group Services from C$340.00 to C$320.00 in a research note on Wednesday, November 6th.

Boyd Group Services Trading Up 1.3 %

Shares of TSE:BYD traded up C$2.74 on Wednesday, hitting C$216.41. 18,641 shares of the company's stock were exchanged, compared to its average volume of 59,109. 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$4.65 billion, a price-to-earnings ratio of 56.98, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. The business's 50 day simple moving average is C$215.40 and its two-hundred day simple moving average is C$228.56. The company has a debt-to-equity ratio of 146.14, a current ratio of 0.61 and a quick ratio of 0.30.

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 for the quarter, missing the consensus estimate of C$0.66 by C($0.46). Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%. The business had revenue of C$1.03 billion for the quarter, compared to the consensus estimate of C$1.03 billion. Analysts anticipate that Boyd Group Services will post 7.1452646 EPS for the current fiscal year.

Boyd Group Services Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.60 dividend on an annualized basis and a yield of 0.28%. Boyd Group Services's dividend payout ratio (DPR) is presently 16.00%.

Insider Buying and Selling at Boyd Group Services

In other news, Director Robert Berthold Espey bought 200 shares of Boyd Group Services stock in a transaction on Tuesday, November 26th. The shares were bought at an average price of C$220.00 per share, with a total value of C$44,000.00. 0.37% of the stock is owned by insiders.

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.