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

Boyd Group Services (TSE:BYD) had its price objective dropped by equities researchers at National Bankshares from C$270.00 to C$245.00 in a research report issued on Wednesday, BayStreet.CA reports. National Bankshares’ price target suggests a potential upside of 16.16% from the company’s current price.

Several other equities research analysts have also commented on BYD. Royal Bank of Canada decreased their target price on shares of Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. CIBC lowered their price target on shares of Boyd Group Services from C$290.00 to C$268.00 in a research report on Friday, August 9th. Stifel Nicolaus cut their price objective on Boyd Group Services from C$280.00 to C$275.00 in a research report on Monday, October 28th. BMO Capital Markets reduced their target price on Boyd Group Services from C$280.00 to C$260.00 and set an “outperform” rating on the stock in a research note on Monday, July 29th. Finally, TD Securities dropped their price target on Boyd Group Services from C$300.00 to C$270.00 in a research report on Wednesday. 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$278.58.

Boyd Group Services Stock Down 3.4 %

Shares of BYD stock traded down C$7.38 on Wednesday, reaching C$210.92. 83,927 shares of the stock were exchanged, compared to its average volume of 56,766. The business’s 50 day moving average price is C$214.02 and its 200 day moving average price is C$233.86. The company has a current ratio of 0.61, a quick ratio of 0.30 and a debt-to-equity ratio of 146.14. The company has a market capitalization of C$4.53 billion, a price-to-earnings ratio of 56.25, a PEG ratio of -56.72 and a beta of 0.99. Boyd Group Services has a twelve month low of C$198.61 and a twelve month high of C$324.75.

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 the consensus estimate of C$0.66 by C($0.46). The firm 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%. As a group, sell-side analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Insider Buying and Selling at Boyd Group Services

In related news, Senior Officer Jeff Murray purchased 456 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was purchased at an average cost of C$223.12 per share, for a total transaction of C$101,742.72. 0.37% of the stock is owned by company insiders.

About Boyd Group Services

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.