Boyd Group Services Inc. (TSE:BYD) Director Purchases C$22,869.00 in Stock

Boyd Group Services Inc. (TSE:BYD) Director Robert Berthold Espey bought 100 shares of Boyd Group Services stock in a transaction on Thursday, August 22nd. The shares were acquired at an average price of C$228.69 per share, for a total transaction of C$22,869.00.

Boyd Group Services Stock Performance

Shares of TSE:BYD traded up C$1.23 during trading on Friday, reaching C$227.22. 17,880 shares of the stock were exchanged, compared to its average volume of 53,485. Boyd Group Services Inc. has a 12 month low of C$211.22 and a 12 month high of C$324.75. The firm has a market cap of C$4.88 billion, a PE ratio of 60.16, a PEG ratio of -56.72 and a beta of 1.01. The stock has a 50-day moving average price of C$243.51 and a 200-day moving average price of C$265.11. The company has a current ratio of 0.61, a quick ratio of 0.30 and a debt-to-equity ratio of 146.14.

Boyd Group Services (TSE:BYD) last issued its quarterly earnings data on Thursday, August 8th. The company reported C$0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.82 by C($0.05). Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%. The firm had revenue of C$1.07 billion for the quarter, compared to the consensus estimate of C$1.08 billion. Research analysts expect that Boyd Group Services Inc. will post 3.6132651 EPS for the current fiscal year.

Boyd Group Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 29th. Investors of record on Sunday, June 30th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend was Friday, June 28th. Boyd Group Services’s dividend payout ratio (DPR) is currently 15.92%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Royal Bank of Canada dropped their price target on Boyd Group Services from C$308.00 to C$306.00 in a research note on Friday, August 9th. Cormark dropped their price target on Boyd Group Services from C$300.00 to C$255.00 and set a “hold” rating on the stock in a research note on Friday, August 9th. Desjardins raised Boyd Group Services from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, May 15th. Scotiabank lowered their target price on Boyd Group Services from C$325.00 to C$275.00 and set an “outperform” rating on the stock in a research report on Thursday, May 16th. Finally, TD Securities lowered their target price on Boyd Group Services from C$312.00 to C$300.00 in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$285.69.

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.