Brokerages Set Boyd Group Services Inc. (TSE:BYD) PT at C$278.08

Boyd Group Services Inc. (TSE:BYD) has been assigned an average recommendation of “Buy” from the twelve brokerages that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$278.08.

BYD has been the subject of several research analyst reports. TD Securities decreased their target price on Boyd Group Services from C$300.00 to C$270.00 in a research report on Wednesday, November 6th. Raymond James decreased their price objective on Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. National Bankshares decreased their price objective on Boyd Group Services from C$270.00 to C$245.00 in a report on Wednesday, November 6th. ATB Capital decreased their price objective on Boyd Group Services from C$340.00 to C$320.00 in a report on Wednesday, November 6th. Finally, Stifel Nicolaus cut their target price on Boyd Group Services from C$280.00 to C$275.00 in a research note on Monday, October 28th.

Boyd Group Services Price Performance

BYD stock opened at C$236.13 on Thursday. Boyd Group Services has a 12 month low of C$198.61 and a 12 month high of C$324.75. The firm has a market capitalization of C$5.07 billion, a P/E ratio of 62.97, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. The firm has a 50 day moving average of C$216.17 and a 200-day moving average of C$220.32. The company has a current ratio of 0.61, a quick ratio of 0.30 and a debt-to-equity ratio of 146.14.

Boyd Group Services (TSE:BYD) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.46). Boyd Group Services had a net margin of 1.93% and a return on equity of 7.21%. The company had revenue of C$1.03 billion for the quarter, compared to analysts’ expectations of C$1.03 billion. As a group, sell-side analysts predict that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Insider Activity at Boyd Group Services

In related news, Director Robert Berthold Espey bought 200 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was bought at an average cost of C$220.00 per share, for a total transaction of C$44,000.00. 0.37% of the stock is owned by corporate insiders.

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.