Boyd Group Services (TSE:BYD) PT Lowered to C$335.00

Boyd Group Services (TSE:BYD) had its price objective cut by research analysts at Stifel Nicolaus from C$340.00 to C$335.00 in a research report issued on Wednesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price suggests a potential upside of 27.44% from the company’s current price.

Several other equities analysts have also commented on the company. Jefferies Financial Group increased their target price on Boyd Group Services from C$290.00 to C$340.00 and gave the company a “buy” rating in a report on Thursday, March 21st. BMO Capital Markets decreased their price objective on shares of Boyd Group Services from C$350.00 to C$330.00 and set an “outperform” rating for the company in a research note on Thursday, March 21st. Royal Bank of Canada cut their target price on Boyd Group Services from C$348.00 to C$337.00 and set an “outperform” rating on the stock in a research report on Thursday, March 21st. Cormark decreased their target price on Boyd Group Services from C$315.00 to C$300.00 in a research report on Thursday, March 21st. Finally, TD Securities upgraded Boyd Group Services from a “hold” rating to a “buy” rating and set a C$310.00 price objective for the company in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$319.31.

Boyd Group Services Trading Up 2.1 %

Boyd Group Services stock traded up C$5.44 during trading on Wednesday, hitting C$262.87. The company had a trading volume of 21,613 shares, compared to its average volume of 39,440. The stock has a market cap of C$5.64 billion, a price-to-earnings ratio of 47.45, a price-to-earnings-growth ratio of -56.72 and a beta of 1.06. The company has a current ratio of 0.63, a quick ratio of 0.30 and a debt-to-equity ratio of 137.26. Boyd Group Services has a 1-year low of C$225.86 and a 1-year high of C$324.75. The company’s 50 day simple moving average is C$290.74 and its 200-day simple moving average is C$276.70.

Boyd Group Services (TSE:BYD) last posted its quarterly earnings results on Wednesday, March 20th. The company reported C$1.27 EPS for the quarter, missing the consensus estimate of C$1.50 by C($0.23). Boyd Group Services had a return on equity of 11.00% and a net margin of 2.94%. The business had revenue of C$1.01 billion during the quarter, compared to analyst estimates of C$1.01 billion. As a group, analysts expect that Boyd Group Services will post 6.5566397 EPS for the current fiscal year.

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.