Boyd Group Services Inc. (TSE:BYD) Given Consensus Rating of “Buy” by Brokerages

Shares of Boyd Group Services Inc. (TSE:BYD) have been given a consensus recommendation of “Buy” by the twelve analysts that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$277.75.

BYD has been the subject of a number of research reports. Raymond James decreased their price objective on Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday. Cormark lowered their price objective on shares of 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. National Bankshares reduced their target price on shares of Boyd Group Services from C$270.00 to C$245.00 in a report on Wednesday. BMO Capital Markets decreased their target price on shares of Boyd Group Services from C$260.00 to C$250.00 in a research report on Wednesday. Finally, TD Securities cut their price target on shares of Boyd Group Services from C$300.00 to C$270.00 in a research report on Wednesday.

Boyd Group Services Stock Down 1.2 %

Shares of TSE:BYD opened at C$217.42 on Friday. The company has a market capitalization of C$4.67 billion, a PE ratio of 57.98, a PEG ratio of -56.72 and a beta of 0.99. Boyd Group Services has a 52 week low of C$198.61 and a 52 week 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. The company has a 50 day moving average price of C$213.62 and a two-hundred day moving average price of C$233.25.

Boyd Group Services (TSE:BYD) last issued its quarterly earnings data 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). Boyd Group Services had a net margin of 1.93% and a return on equity of 7.21%. The business had revenue of C$1.03 billion during the quarter, compared to analyst estimates of C$1.03 billion. Analysts forecast that Boyd Group Services will post 7.1452646 earnings per share for the current year.

Boyd Group Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 29th. Stockholders of record on Monday, September 30th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date of this dividend was Friday, September 27th. Boyd Group Services’s dividend payout ratio is currently 16.00%.

Insiders Place Their Bets

In related news, Senior Officer Jeff Murray purchased 456 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The stock was acquired at an average price of C$223.12 per share, with a total value of C$101,742.72. Corporate insiders own 0.37% of the company’s stock.

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.