Boyd Group Services Inc. (TSE:BYD) Given Average Rating of “Buy” by Analysts

Shares of Boyd Group Services Inc. (TSE:BYD) have received a consensus recommendation of “Buy” from the twelve research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, nine have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$263.42.

Several equities analysts recently issued reports on BYD shares. Raymond James Financial dropped their target price on shares of Boyd Group Services from C$290.00 to C$275.00 and set a “strong-buy” rating on the stock in a report on Thursday, March 19th. Canadian Imperial Bank of Commerce lowered their price objective on Boyd Group Services from C$290.00 to C$280.00 in a research report on Thursday, March 19th. Royal Bank Of Canada dropped their price objective on Boyd Group Services from C$294.00 to C$267.00 in a research note on Thursday, March 19th. BMO Capital Markets decreased their target price on Boyd Group Services from C$280.00 to C$250.00 in a research note on Thursday, March 19th. Finally, Jefferies Financial Group lowered their target price on Boyd Group Services from C$275.00 to C$250.00 in a report on Thursday, March 19th.

Boyd Group Services Stock Performance

Shares of BYD stock opened at C$175.78 on Tuesday. The stock has a market capitalization of C$4.89 billion, a PE ratio of 214.37, a PEG ratio of -56.72 and a beta of 0.40. The business’s 50 day simple moving average is C$222.72 and its 200 day simple moving average is C$223.40. The company has a debt-to-equity ratio of 99.84, a current ratio of 3.14 and a quick ratio of 0.30. Boyd Group Services has a one year low of C$173.96 and a one year high of C$248.23.

Boyd Group Services (TSE:BYD) last issued its quarterly earnings results on Wednesday, March 18th. The company reported C$1.24 earnings per share (EPS) for the quarter. Boyd Group Services had a net margin of 0.59% and a return on equity of 1.66%. The firm had revenue of C$1.04 billion for the quarter. As a group, research analysts forecast that Boyd Group Services will post 7.1452646 earnings per share for the current year.

Boyd Group Services Company Profile

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .