Boyd Group Services (TSE:BYD) Sets New 12-Month Low - Should You Sell?

Boyd Group Services Inc. (TSE:BYD - Get Free Report)'s stock price reached a new 52-week low on Friday . The company traded as low as C$198.07 and last traded at C$198.08, with a volume of 11748 shares. The stock had previously closed at C$204.89.

Analysts Set New Price Targets

A number of research analysts have recently commented on BYD shares. Desjardins decreased their price objective on shares of Boyd Group Services from C$270.00 to C$255.00 and set a "buy" rating for the company in a research report on Thursday, March 20th. National Bankshares dropped their price target on Boyd Group Services from C$275.00 to C$260.00 and set an "outperform" rating for the company in a research note on Thursday, March 20th. Stifel Nicolaus lowered their price target on Boyd Group Services from C$285.00 to C$270.00 and set a "buy" rating for the company in a report on Friday, March 21st. Royal Bank of Canada cut their target price on shares of Boyd Group Services from C$282.00 to C$277.00 in a research report on Thursday, March 20th. Finally, TD Securities lifted their target price on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of C$274.83.

Boyd Group Services Stock Performance

The business has a 50 day moving average of C$226.06 and a 200 day moving average of C$219.81. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94. The company has a market capitalization of C$3.06 billion, a P/E ratio of 74.37, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99.

Insiders Place Their Bets

In related news, Director Robert Berthold Espey bought 150 shares of the business's stock in a transaction on Thursday, April 3rd. The shares were bought at an average price of C$204.50 per share, for a total transaction of C$30,675.00. 0.37% of the stock is owned by insiders.

About Boyd Group Services

Boyd Group Services Inc is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass.