Boyd Group Services Inc. (TSE:BYD) Director Buys C$44,000.00 in Stock

Boyd Group Services Inc. (TSE:BYD) Director Robert Berthold Espey acquired 200 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average cost of C$220.00 per share, for a total transaction of C$44,000.00.

Boyd Group Services Stock Performance

Shares of BYD opened at C$216.06 on Friday. Boyd Group Services Inc. has a one year low of C$198.61 and a one year high of C$324.75. The company has a 50-day moving average of C$214.89 and a two-hundred day moving average of C$229.37. The stock has a market cap of C$4.64 billion, a price-to-earnings ratio of 57.93, a PEG ratio of -56.72 and a beta of 0.99. 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 (TSE:BYD) last announced its earnings results on Tuesday, November 5th. The company reported C$0.20 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.46). Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%. The firm had revenue of C$1.03 billion during the quarter, compared to analyst estimates of C$1.03 billion. On average, equities research analysts expect that Boyd Group Services Inc. will post 7.1452646 earnings per share for the current year.

Boyd Group Services Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Raymond James lowered their target price on shares of Boyd Group Services from C$295.00 to C$285.00 in a research note on Thursday, November 7th. Stifel Nicolaus lowered their target price on shares of Boyd Group Services from C$280.00 to C$275.00 in a research note on Monday, October 28th. National Bankshares lowered their target price on shares of Boyd Group Services from C$270.00 to C$245.00 in a research note on Wednesday, November 6th. CIBC lowered their target price on shares of Boyd Group Services from C$290.00 to C$268.00 in a research note on Friday, August 9th. Finally, Cormark lowered their target price 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 note on Friday, August 9th. Two research 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 stock. According to MarketBeat.com, Boyd Group Services has a consensus rating of “Buy” and an average price target of C$277.75.

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.