Boyd Group Services Inc. (TSE:BYD) Receives C$262.58 Consensus PT from Brokerages

Boyd Group Services Inc. (TSE:BYD) has been assigned an average rating of “Buy” from the twelve research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$262.58.

Several research analysts have recently commented on the company. Raymond James Financial reduced their price target on Boyd Group Services from C$275.00 to C$270.00 in a research report on Thursday, April 2nd. Jefferies Financial Group reduced their price target on Boyd Group Services from C$275.00 to C$250.00 in a research report on Thursday, March 19th. Stifel Nicolaus reduced their price target on Boyd Group Services from C$270.00 to C$265.00 in a research report on Friday, March 20th. Royal Bank Of Canada reduced their price target on Boyd Group Services from C$294.00 to C$267.00 in a research report on Thursday, March 19th. Finally, Canadian Imperial Bank of Commerce reduced their price target on Boyd Group Services from C$280.00 to C$275.00 in a research report on Tuesday, April 7th.

Boyd Group Services Price Performance

Shares of BYD stock opened at C$161.37 on Friday. Boyd Group Services has a twelve month low of C$159.55 and a twelve month high of C$248.23. The stock has a market capitalization of C$4.49 billion, a price-to-earnings ratio of 196.79, a P/E/G ratio of -56.72 and a beta of 0.85. The stock has a fifty day simple moving average of C$200.79 and a two-hundred day simple moving average of C$215.12. The company has a current ratio of 3.14, a quick ratio of 0.30 and a debt-to-equity ratio of 99.84.

Boyd Group Services (TSE:BYD) last issued its earnings results on Wednesday, March 18th. The company reported C$1.24 earnings per share for the quarter. Boyd Group Services had a return on equity of 1.74% and a net margin of 0.58%.The business had revenue of C$1.04 billion during the quarter. On average, analysts predict that Boyd Group Services will post 7.1452646 EPS for the current fiscal year.

Insider Activity at Boyd Group Services

In related news, insider Brian Kaner purchased 1,180 shares of Boyd Group Services stock in a transaction dated Tuesday, March 31st. The stock was purchased at an average cost of C$173.43 per share, with a total value of C$204,647.40. Following the transaction, the insider owned 1,780 shares in the company, valued at approximately C$308,705.40. The trade was a 196.67% increase in their position. Insiders own 0.37% of the company’s stock.

About Boyd Group Services

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .