Boyd Group Services (TSE:BYD – Free Report) The price target was lowered by TD Securities from CAD 312.00 to CAD 300.00 in a research note issued to investors on Friday, BayStreet.CA reports.
BYD has been the subject of a number of other reports. Royal Bank of Canada lowered their price target on shares of Boyd Group Services from C$337.00 to C$308.00 and gave the stock an outperform rating in a research report on Thursday, May 16. BMO Capital Markets lowered their price target on shares of Boyd Group Services from C$280.00 to C$260.00 and gave the stock an outperform rating in a report on Monday, July 29. Raymond James lowered their price target on shares of Boyd Group Services from C$350.00 to C$325.00 and gave the stock a strong-buy rating in a report on Wednesday, August 7. Jefferies Financial Group decreased their price target on shares of Boyd Group Services from C$340.00 to C$325.00 and gave the stock a buy rating in a research report on Thursday, May 16. Finally, National Bankshares upgraded shares of Boyd Group Services from a hold rating to a buy rating and decreased their price target on the stock from C$310.00 to C$290.00 in a research report on Thursday, May 16. One equities analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average price target of C$286.85.
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Value for money at Boyd Group Services
Boyd Group Services shares opened at C$220.00 on Friday. The company has a 50-day moving average price of C$246.88 and a 200-day moving average price of C$269.36. Boyd Group Services has a 52-week low of C$211.22 and a 52-week high of C$324.75. The company has a debt-to-equity ratio of 142.10, a current ratio of 0.59 and a quick ratio of 0.30. The company has a market cap of C$4.72 billion, a P/E ratio of 46.41, a price-to-earnings-growth ratio of -56.72 and a beta of 1.08.
Boyd Group Services (TSE:BYD – Get Free Report) last released its earnings results on Thursday, August 8. The company reported earnings per share of C$0.77 for the quarter, beating the consensus estimate of C$0.82 by C$0.05. Boyd Group Services had a net margin of 2.46% and a return on equity of 9.30%. The company had revenue of C$1.07 billion for the quarter, compared to the consensus estimate of C$1.08 billion. Analysts expect Boyd Group Services to report earnings per share of C$4.8300559 for the current year.
Dividend announcement for Boyd Group Services
The company also recently declared a quarterly dividend, which was paid on Monday, July 29th. Shareholders of record on Sunday, June 30th were paid a dividend of $0.15. The ex-dividend date of this dividend was Friday, June 28th. This represents an annualized dividend of $0.60 and a yield of 0.27%. Boyd Group Services’ payout ratio is 12.66%.
Insider activity
In other news, Senior Officer Brian Kaner bought 600 shares of the company’s stock on Thursday, May 23. The shares were acquired at an average price of C$170.70 per share, for a total transaction of C$102,420.00. Following the completion of the acquisition, the insider now directly owns 600 shares of the company’s stock, valued at C$102,420. Insiders own 0.37% of the company’s stock.
Company profile of Boyd Group Services
(Get free report)
Boyd Group Services Inc., together with its subsidiaries, operates non-franchise collision repair centers in North America. The company operates its locations in Canada under the names Boyd Autobody & Glass and Assured Automotive, and in the United States under the name Gerber Collision & Glass. In the United States, the company also operates as an auto glass retailer under the names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com.
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