Analysts Set Boyd Group Services Inc. (TSE:BYD) Price Target at C$277.75

Shares of Boyd Group Services Inc. (TSE:BYD) have received an average recommendation of “Buy” from the twelve analysts that are currently covering the company, 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 1-year price objective among analysts that have covered the stock in the last year is C$277.75.

Several research firms recently commented on BYD. Raymond James lowered their target price on Boyd Group Services from C$295.00 to C$285.00 in a research note on Thursday, November 7th. Jefferies Financial Group lowered their price objective on Boyd Group Services from C$325.00 to C$300.00 in a research report on Friday, August 9th. Cormark lowered their price objective on Boyd Group Services from C$300.00 to C$255.00 and set a “hold” rating for the company in a research report on Friday, August 9th. TD Securities lowered their price objective on Boyd Group Services from C$300.00 to C$270.00 in a research report on Wednesday, November 6th. Finally, National Bankshares lowered their price objective on Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday, November 6th.

Boyd Group Services Trading Up 2.3 %

BYD opened at C$224.55 on Friday. 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$4.82 billion, a price-to-earnings ratio of 59.88, a PEG ratio of -56.72 and a beta of 0.99. The company has a debt-to-equity ratio of 146.14, a current ratio of 0.61 and a quick ratio of 0.30. The business has a fifty day moving average price of C$213.32 and a 200 day moving average price of C$232.19.

Boyd Group Services (TSE:BYD) last released its earnings results on Tuesday, November 5th. The company reported C$0.20 EPS 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 company had revenue of C$1.03 billion for the quarter, compared to analyst estimates of C$1.03 billion. Sell-side analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Boyd Group Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 29th. Investors of record on Monday, September 30th were given a $0.15 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.27%. Boyd Group Services’s dividend payout ratio (DPR) is presently 16.00%.

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.