Boyd Group Services Inc. (TSE:BYD) Receives C$278.08 Average Target Price from Analysts

Shares of Boyd Group Services Inc. (TSE:BYD - Get Free Report) have earned an average rating of "Buy" from the twelve brokerages that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$278.08.

Several research analysts recently issued reports on BYD shares. CIBC raised their target price on Boyd Group Services from C$252.00 to C$272.00 and gave the stock an "outperform" rating in a research report on Monday, January 13th. Royal Bank of Canada lowered their price objective on Boyd Group Services from C$306.00 to C$280.00 and set an "outperform" rating for the company in a research report on Wednesday, October 23rd. Stifel Nicolaus reduced their target price on Boyd Group Services from C$280.00 to C$275.00 in a report on Monday, October 28th. Raymond James lowered their price target on shares of Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. Finally, National Bankshares dropped their price target on shares of Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday, November 6th.

Boyd Group Services Trading Down 1.5 %

Shares of Boyd Group Services stock traded down C$3.59 on Thursday, hitting C$228.50. The stock had a trading volume of 70,833 shares, compared to its average volume of 51,940. The stock has a 50 day moving average of C$216.10 and a 200 day moving average of C$220.62. The firm has a market capitalization of C$4.91 billion, a P/E ratio of 60.93, a PEG ratio of -56.72 and a beta of 0.99. Boyd Group Services has a twelve month low of C$198.61 and a twelve month high of C$324.75. The company has a debt-to-equity ratio of 146.14, a quick ratio of 0.30 and a current ratio of 0.61.

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 (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 during the quarter, compared to analyst estimates of C$1.03 billion. Boyd Group Services had a net margin of 1.93% and a return on equity of 7.21%. Sell-side analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Insider Activity at Boyd Group Services

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

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.