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

Boyd Group Services Inc. (TSE:BYD - Get Free Report) has been assigned an average recommendation of "Buy" from the twelve brokerages that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$277.75.

Several research firms recently commented on BYD. National Bankshares lowered their target price on Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday, November 6th. Stifel Nicolaus lowered their price target on Boyd Group Services from C$280.00 to C$275.00 in a report on Monday, October 28th. Raymond James reduced their price objective on shares of Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. ATB Capital lowered their target price on shares of Boyd Group Services from C$340.00 to C$320.00 in a research note on Wednesday, November 6th. Finally, Royal Bank of Canada reduced their price target on shares of Boyd Group Services from C$306.00 to C$280.00 and set an "outperform" rating for the company in a research note on Wednesday, October 23rd.

Insiders Place Their Bets

In other Boyd Group Services news, Director Robert Berthold Espey acquired 200 shares of Boyd Group Services stock in a transaction that occurred on Tuesday, November 26th. The stock was acquired at an average price of C$220.00 per share, with a total value of C$44,000.00. Insiders own 0.37% of the company's stock.

Boyd Group Services Stock Performance

Shares of TSE:BYD traded up C$0.75 on Friday, reaching C$216.21. 68,984 shares of the company's stock were exchanged, compared to its average volume of 60,307. The business's 50-day moving average is C$216.22 and its two-hundred day moving average is C$225.88. 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 has a fifty-two week low of C$198.61 and a fifty-two week high of C$324.75. The firm has a market capitalization of C$4.64 billion, a price-to-earnings ratio of 57.66, a PEG ratio of -56.72 and a beta of 0.99.

Boyd Group Services (TSE:BYD - Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$0.20 earnings per share for the quarter, missing analysts' consensus estimates 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 company had revenue of C$1.03 billion for the quarter, compared to analyst estimates of C$1.03 billion. As a group, equities research analysts forecast that Boyd Group Services will post 7.1452646 EPS for the current year.

About Boyd Group Services

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.