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

Shares of Boyd Group Services Inc. (TSE:BYD) have been assigned a consensus recommendation of “Buy” from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$277.75.

Several research analysts have weighed in on the company. Royal Bank of Canada cut their price target on Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating for the company in a report on Wednesday, October 23rd. National Bankshares dropped their target price on Boyd Group Services from C$270.00 to C$245.00 in a research note on Wednesday, November 6th. Raymond James decreased their price target on Boyd Group Services from C$295.00 to C$285.00 in a research note on Thursday, November 7th. BMO Capital Markets dropped their price objective on shares of Boyd Group Services from C$260.00 to C$250.00 in a research note on Wednesday, November 6th. Finally, ATB Capital cut their price objective on shares of Boyd Group Services from C$340.00 to C$320.00 in a report on Wednesday, November 6th.

Boyd Group Services Trading Up 0.3 %

TSE BYD opened at C$216.21 on Friday. Boyd Group Services has a 1 year low of C$198.61 and a 1 year high of C$324.75. The company has a market capitalization of C$4.64 billion, a PE ratio of 57.66, a P/E/G 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 company has a fifty day moving average of C$216.22 and a 200 day moving average of C$226.04.

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). The company had revenue of C$1.03 billion for the quarter, compared to analyst estimates of C$1.03 billion. Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%. Research analysts forecast that Boyd Group Services will post 7.1452646 earnings per share for the current year.

Insider Transactions at Boyd Group Services

In other news, Director Robert Berthold Espey bought 200 shares of Boyd Group Services stock in a transaction on Tuesday, November 26th. The shares were bought at an average price of C$220.00 per share, with a total value of C$44,000.00. Insiders own 0.37% of the company’s stock.

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.