Boyd Group Services (BYD) Scheduled to Post Earnings on Tuesday

Boyd Group Services (TSE:BYD - Get Free Report) will issue its quarterly earnings data before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of C$0.81 per share for the quarter.

Boyd Group Services (TSE:BYD - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported C$0.77 earnings per share for the quarter, missing the consensus estimate of C$0.82 by C($0.05). The firm had revenue of C$1.07 billion for the quarter, compared to the consensus estimate of C$1.08 billion. Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%.

Boyd Group Services Price Performance

Shares of TSE:BYD traded up C$1.95 during midday trading on Tuesday, hitting C$215.45. The stock had a trading volume of 60,416 shares, compared to its average volume of 55,680. The company has a quick ratio of 0.30, a current ratio of 0.61 and a debt-to-equity ratio of 146.14. The company has a market capitalization of C$4.63 billion, a P/E ratio of 56.93, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. The company's 50-day moving average price is C$215.28 and its 200-day moving average price is C$236.27. Boyd Group Services has a fifty-two week low of C$198.61 and a fifty-two week high of C$324.75.

Boyd Group Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 29th. Investors of record on Monday, September 30th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.28%. Boyd Group Services's dividend payout ratio is currently 16.00%.

Insider Buying and Selling

In other news, Senior Officer Jeff Murray purchased 456 shares of the company's stock in a transaction that occurred on Monday, August 12th. The shares were bought at an average cost of C$223.12 per share, with a total value of C$101,742.72. 0.37% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. National Bankshares decreased their target price on shares of Boyd Group Services from C$310.00 to C$270.00 in a research note on Friday, August 9th. Raymond James cut their price target on Boyd Group Services from C$350.00 to C$325.00 and set a "strong-buy" rating on the stock in a research note on Wednesday, August 7th. CIBC decreased their price target on shares of Boyd Group Services from C$290.00 to C$268.00 in a research report on Friday, August 9th. Cormark cut their target price on Boyd Group Services from C$300.00 to C$255.00 and set a "hold" rating on the stock in a report on Friday, August 9th. Finally, BMO Capital Markets decreased their price target on Boyd Group Services from C$280.00 to C$260.00 and set an "outperform" rating for the company in a research note on Monday, July 29th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of C$288.17.

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.