Shares of Boyd Group Services Inc. (TSE: BYD) have garnered a consensus recommendation to “Buy” from the fourteen research firms that cover the business, Marketbeat reports. Three equity research analysts rated the stock with a hold rating, six issued a buy rating, and one issued a strong buy rating for the company. The average one-year price target among analysts who hedged the stock in the past year is C $ 252.92.
Several analysts have recently weighed on the company. Laurentian lowered its price target on Boyd Group Services from C $ 250.00 to C $ 236.00 in a report released on Friday, November 12. National Bankshares reduced its target price on Boyd Group Services shares from C $ 255.00 to C $ 240.00 and established a “sector performance” rating for the company in a report released on Friday, November 12. Raymond James upgraded Boyd Group Services shares from an “outperformance” rating to a “strong buy” rating and set a target price of C $ 255.00 for the company in a report released on Thursday, December 9. . Desjardins reduced its target price on Boyd Group Services shares from C $ 280.00 to C $ 244.00 and established a “buy” rating for the company in a report released on Friday, November 12. Finally, TD Securities reduced its target price on Boyd Group Services shares from C $ 280.00 to C $ 255.00 and established a “buy” rating for the company in a report released on Friday, November 12. .
BYD shares traded at C $ 5.82 on Friday, rising to C $ 199.50. The stock had a trade volume of 18,974 shares, compared to its average volume of 42,311. The company has a quick ratio of 0.38, a current ratio of 0.60, and a leverage ratio of 128 , 38. The company has a 50-day moving average price of CA $ 218.19 and a 200-day moving average price of CA $ 229.45. The company has a market capitalization of 4.28 billion Canadian dollars and a PE ratio of 92.92. Boyd Group Services has a one-year low of CA $ 183.00 and a one-year high of CA $ 267.00.
Boyd Group Services (TSE: BYD) last released its quarterly earnings data on Wednesday, November 10. The company reported earnings of C $ 0.14 per share for the quarter, missing the consensus estimate of C $ 0.82 per (C $ 0.68). The company generated sales of C $ 617.22 million in the quarter, compared to analysts’ expectations of C $ 608.63 million. Equity research analysts expect Boyd Group Services to post 4.070003 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 27. Shareholders of record on Friday, December 31 will receive a dividend of $ 0.144 per share. This is a positive change from Boyd Group Services’ previous quarterly dividend of $ 0.14. The ex-dividend date for this dividend is Thursday, December 30. This represents a dividend of $ 0.58 on an annualized basis and a dividend yield of 0.29%. Boyd Group Services’ payout ratio is currently 20.80%.
About Boyd Group Services
Boyd Group Services Inc operates non-franchised collision repair centers in the United States and Canada. The company operates its locations under the names Boyd Autobody & Glass and Assured Automotive in Canada; and Gerber Collision & Glass in the United States. It also operates as a retail automotive glass operator under the names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com in the United States.
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