Boyd Group Services (BYD) to Release 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 issued its earnings results on Thursday, August 8th. The company reported C$0.77 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of C$1.07 billion for the quarter, compared to analysts’ expectations of C$1.08 billion.

Boyd Group Services Price Performance

TSE:BYD opened at C$216.75 on Friday. The firm’s fifty day moving average is C$214.45 and its two-hundred day moving average is C$235.18. The firm has a market cap of C$4.65 billion, a price-to-earnings ratio of 57.80, a PEG ratio of -56.72 and a beta of 0.99. The company has a debt-to-equity ratio of 146.14, a quick ratio of 0.30 and a current ratio of 0.61. Boyd Group Services has a one year low of C$198.61 and a one year high of C$324.75.

Boyd Group Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 29th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.28%. Boyd Group Services’s payout ratio is 16.00%.

Insider Transactions at Boyd Group Services

In other news, Senior Officer Jeff Murray acquired 456 shares of the firm’s stock in a transaction 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. Corporate insiders own 0.37% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. CIBC decreased their price target on Boyd Group Services from C$290.00 to C$268.00 in a report on Friday, August 9th. National Bankshares lowered their price target on shares of Boyd Group Services from C$310.00 to C$270.00 in a report on Friday, August 9th. Cormark dropped their price target on shares of Boyd Group Services from C$300.00 to C$255.00 and set a “hold” rating on the stock in a research report on Friday, August 9th. Jefferies Financial Group decreased their price objective on shares of Boyd Group Services from C$325.00 to C$300.00 in a research report on Friday, August 9th. Finally, Stifel Nicolaus dropped their target price on Boyd Group Services from C$280.00 to C$275.00 in a research report on Monday, October 28th. Two investment 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. According to MarketBeat, Boyd Group Services presently has an average rating of “Buy” and a consensus target price of C$285.67.

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.