Robert Berthold Espey Buys 500 Shares of Boyd Group Services (TSE:BYD) Stock

Boyd Group Services Inc. (TSE:BYD) Director Robert Berthold Espey bought 500 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were acquired at an average cost of C$150.00 per share, with a total value of C$75,000.00. Following the completion of the transaction, the director owned 3,350 shares of the company’s stock, valued at C$502,500. This represents a 17.54% increase in their ownership of the stock.

Boyd Group Services Trading Up 1.1%

TSE:BYD opened at C$148.65 on Friday. The company has a debt-to-equity ratio of 119.31, a current ratio of 0.60 and a quick ratio of 0.30. The firm has a 50-day moving average of C$165.05 and a 200-day moving average of C$204.41. The company has a market cap of C$4.14 billion, a PE ratio of 225.23, a PEG ratio of -56.72 and a beta of 0.75. Boyd Group Services Inc. has a one year low of C$129.74 and a one year high of C$248.23.

Boyd Group Services (TSE:BYD) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$0.81 earnings per share (EPS) for the quarter. Boyd Group Services had a return on equity of 1.04% and a net margin of 0.40%.The business had revenue of C$1.39 billion during the quarter. As a group, equities research analysts expect that Boyd Group Services Inc. will post 7.1452646 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BYD has been the subject of several recent research reports. Stifel Nicolaus decreased their price target on Boyd Group Services from C$255.00 to C$205.00 and set a “buy” rating for the company in a report on Thursday, May 14th. ATB Cormark Capital Markets decreased their price target on Boyd Group Services from C$285.00 to C$245.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Raymond James Financial reduced their price objective on shares of Boyd Group Services from C$275.00 to C$270.00 in a research report on Thursday, April 2nd. TD reduced their price objective on shares of Boyd Group Services from C$270.00 to C$190.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Finally, Desjardins reduced their price objective on shares of Boyd Group Services from C$260.00 to C$240.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$237.14.

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 .