Boyd Group Services (TSE:BYD) Price Target Lowered to C$245.00 at National Bankshares

Boyd Group Services (TSE:BYD) had its price objective dropped by equities research analysts at National Bankshares from C$270.00 to C$245.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. National Bankshares’ price target suggests a potential upside of 11.30% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Royal Bank of Canada dropped their target price on shares of Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating for the company in a research report on Wednesday, October 23rd. CIBC dropped their target price on shares of Boyd Group Services from C$290.00 to C$268.00 in a research report on Friday, August 9th. TD Securities dropped their target price on shares of Boyd Group Services from C$300.00 to C$270.00 in a research report on Wednesday. Jefferies Financial Group dropped their target price on shares of Boyd Group Services from C$325.00 to C$300.00 in a research report on Friday, August 9th. Finally, Raymond James decreased their price objective 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 report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Boyd Group Services has an average rating of “Buy” and a consensus target price of C$277.75.

Boyd Group Services Trading Up 2.8 %

Shares of BYD stock opened at C$220.13 on Wednesday. Boyd Group Services has a 52-week low of C$198.61 and a 52-week high of C$324.75. The stock has a market cap of C$4.73 billion, a price-to-earnings ratio of 58.70, a P/E/G 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. The firm has a fifty day moving average of C$213.76 and a 200-day moving average of C$233.62.

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 analysts’ consensus estimates of C$0.66 by C($0.46). The business had revenue of C$1.03 billion during the quarter, compared to analyst estimates of C$1.03 billion. Boyd Group Services had a net margin of 1.93% and a return on equity of 7.21%. On average, equities research analysts forecast that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Insider Activity

In other Boyd Group Services news, Senior Officer Jeff Murray bought 456 shares of Boyd Group Services stock in a transaction dated 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. 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.