Boyd Group Services (TSE:BYD) Given New C$320.00 Price Target at ATB Capital

Boyd Group Services (TSE:BYD) had its price objective cut by ATB Capital from C$340.00 to C$320.00 in a report published on Wednesday, BayStreet.CA reports.

A number of other equities analysts have also commented on BYD. Raymond James dropped their price target on shares of Boyd Group Services from C$325.00 to C$295.00 and set a “strong-buy” rating on the stock in a research report on Friday, November 1st. Stifel Nicolaus cut their price target on Boyd Group Services from C$280.00 to C$275.00 in a report on Monday, October 28th. 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. Jefferies Financial Group reduced their price target on shares of Boyd Group Services from C$325.00 to C$300.00 in a research report on Friday, August 9th. Finally, National Bankshares cut their price target on Boyd Group Services from C$270.00 to C$245.00 in a report on Wednesday. Two analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$278.58.

Boyd Group Services Trading Down 1.9 %

Shares of TSE BYD opened at C$214.12 on Wednesday. The firm has a market capitalization of C$4.60 billion, a PE ratio of 57.10, a PEG ratio of -56.72 and a beta of 0.99. Boyd Group Services has a one year low of C$198.61 and a one year high of C$324.75. The company has a current ratio of 0.61, a quick ratio of 0.30 and a debt-to-equity ratio of 146.14. The business has a 50-day moving average price of C$213.83 and a two-hundred day moving average price of C$233.72.

Boyd Group Services (TSE:BYD) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.66 by C($0.46). The firm had revenue of C$1.03 billion for the quarter, compared to analysts’ expectations of C$1.03 billion. Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%. As a group, analysts predict that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Boyd Group Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 29th. Investors of record on Monday, September 30th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.28%. Boyd Group Services’s dividend payout ratio is 16.00%.

Insider Buying and Selling at Boyd Group Services

In related news, Senior Officer Jeff Murray bought 456 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The shares were bought at an average price of C$223.12 per share, for a total transaction of C$101,742.72. Insiders own 0.37% of the company’s stock.

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.