Boyd Group Services (OTCMKTS:BYDGF) Stock Price Down 1.9% – Here’s Why

Shares of Boyd Group Services Inc. (OTCMKTS:BYDGF) were down 1.9% on Friday . The stock traded as low as $145.55 and last traded at $145.85. Approximately 4,312 shares changed hands during trading, an increase of 6% from the average daily volume of 4,066 shares. The stock had previously closed at $148.70.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets reiterated an “outperform” rating on shares of Boyd Group Services in a research report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, one has issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Boyd Group Services Price Performance

The company has a market cap of $3.13 billion, a P/E ratio of 76.36 and a beta of 0.73. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.70 and a quick ratio of 0.55. The company has a fifty day simple moving average of $153.14 and a 200-day simple moving average of $154.93.

Boyd Group Services (OTCMKTS:BYDGF) last released its quarterly earnings results on Wednesday, March 19th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.07. Boyd Group Services had a return on equity of 5.35% and a net margin of 1.35%. The business had revenue of $752.34 million during the quarter, compared to analyst estimates of $747.95 million.

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.