Boyd Group Services Inc. (TSE:BYD) Receives C$237.14 Consensus PT from Analysts

Boyd Group Services Inc. (TSE:BYDGet Free Report) has been given an average recommendation of “Buy” by the twelve analysts that are covering the firm, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$236.92.

A number of research analysts recently commented on BYD shares. Scotia decreased their price target on Boyd Group Services from C$239.00 to C$231.00 and set a “sector outperform” rating on the stock in a research report on Thursday, May 14th. TD decreased their price target on Boyd Group Services from C$270.00 to C$190.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Jefferies Financial Group decreased their price target on Boyd Group Services from C$275.00 to C$250.00 in a research report on Thursday, March 19th. ATB Cormark Capital Markets decreased their price target on Boyd Group Services from C$285.00 to C$245.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Finally, TD Securities decreased their price target on Boyd Group Services from C$290.00 to C$270.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th.

Get Our Latest Stock Analysis on BYD

Insiders Place Their Bets

In other Boyd Group Services news, insider Brian Kaner bought 1,180 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were purchased at an average price of C$173.43 per share, for a total transaction of C$204,647.40. Following the completion of the transaction, the insider directly owned 1,780 shares in the company, valued at approximately C$308,705.40. The trade was a 196.67% increase in their position. Also, Director Robert Berthold Espey bought 500 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was acquired at an average price of C$150.00 per share, for a total transaction of C$75,000.00. Following the transaction, the director owned 3,350 shares of the company’s stock, valued at approximately C$502,500. The trade was a 17.54% increase in their ownership of the stock. 0.37% of the stock is currently owned by company insiders.

Boyd Group Services Trading Down 0.1%

Shares of Boyd Group Services stock opened at C$133.19 on Friday. The business has a fifty day simple moving average of C$155.45 and a two-hundred day simple moving average of C$198.71. Boyd Group Services has a 1 year low of C$129.74 and a 1 year high of C$248.23. The company has a market capitalization of C$3.71 billion, a price-to-earnings ratio of 201.80, a P/E/G ratio of -56.72 and a beta of 0.99. The company has a debt-to-equity ratio of 119.31, a current ratio of 0.60 and a quick ratio of 0.30.

Boyd Group Services (TSE:BYDGet Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$0.81 earnings per share (EPS) for the quarter. Boyd Group Services had a return on equity of 1.04% and a net margin of 0.40%.The business had revenue of C$1.39 billion during the quarter. Research analysts forecast that Boyd Group Services will post 7.1452646 EPS for the current year.

Boyd Group Services Company Profile

(Get Free Report)

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 .

Further Reading

Analyst Recommendations for Boyd Group Services (TSE:BYD)

Receive News & Ratings for Boyd Group Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boyd Group Services and related companies with MarketBeat.com's FREE daily email newsletter.