Boyd Group Services (BYD) Scheduled to Post Quarterly Earnings on Tuesday

Boyd Group Services (TSE:BYD) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of C$0.81 per share for the quarter.

Boyd Group Services (TSE:BYD) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$0.77 EPS for the quarter, missing analysts’ consensus estimates of C$0.82 by C($0.05). The company had revenue of C$1.07 billion during the quarter, compared to analyst estimates of C$1.08 billion. Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%.

Boyd Group Services Stock Up 0.3 %

Shares of TSE BYD opened at C$213.50 on Tuesday. The stock has a market capitalization of C$4.58 billion, a P/E ratio of 56.93, a P/E/G ratio of -56.72 and a beta of 0.99. The company has a 50-day moving average price of C$215.28 and a 200-day moving average price of C$236.27. 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 debt-to-equity ratio of 146.14, a current ratio of 0.61 and a quick ratio of 0.30.

Boyd Group Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 29th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date of this dividend is Friday, September 27th. Boyd Group Services’s dividend payout ratio is currently 16.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BYD. National Bankshares reduced their price objective on shares of Boyd Group Services from C$310.00 to C$270.00 in a report on Friday, August 9th. Cormark reduced their price objective on shares of Boyd Group Services from C$300.00 to C$255.00 and set a “hold” rating for the company in a report on Friday, August 9th. Royal Bank of Canada reduced their price objective on shares of 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. Raymond James dropped their price target on shares of Boyd Group Services from C$350.00 to C$325.00 and set a “strong-buy” rating on the stock in a research report on Wednesday, August 7th. Finally, CIBC dropped their price target on shares of Boyd Group Services from C$290.00 to C$268.00 in a research report on Friday, August 9th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$288.17.

Insider Transactions at Boyd Group Services

In related news, Senior Officer Jeff Murray purchased 456 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were bought at an average price of C$223.12 per share, with a total value of C$101,742.72. 0.37% of the stock is currently owned by company insiders.

Boyd Group Services Company Profile

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.