Boyd Group Services Inc. (TSE:BYD) Receives C$264.83 Consensus PT from Brokerages

Shares of Boyd Group Services Inc. (TSE:BYD - Get Free Report) have received an average rating of "Buy" from the twelve research firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$262.00.

A number of equities research analysts have recently issued reports on the company. The Goldman Sachs Group raised Boyd Group Services from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 3rd. Stifel Nicolaus dropped their price target on Boyd Group Services from C$265.00 to C$255.00 and set a "buy" rating on the stock in a research report on Thursday, May 22nd. Stephens raised Boyd Group Services to a "strong-buy" rating and set a C$240.00 price target on the stock in a research report on Wednesday, June 11th. CIBC dropped their price target on Boyd Group Services from C$249.00 to C$244.00 in a research report on Thursday. Finally, ATB Capital dropped their price target on Boyd Group Services from C$295.00 to C$290.00 and set an "outperform" rating on the stock in a research report on Thursday, May 22nd.

Boyd Group Services Stock Performance

BYD stock traded up C$1.72 during trading on Thursday, reaching C$210.54. 20,107 shares of the company's stock were exchanged, compared to its average volume of 48,755. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94. Boyd Group Services has a 1-year low of C$191.27 and a 1-year high of C$262.55. The company's fifty day moving average price is C$208.70 and its 200-day moving average price is C$216.29. The firm has a market cap of C$3.19 billion, a PE ratio of 77.55, a P/E/G ratio of -56.72 and a beta of 0.99.

Boyd Group Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 29th. Investors of record on Monday, June 30th will be issued a dividend of $0.153 per share. This represents a $0.61 dividend on an annualized basis and a yield of 0.29%. This is a boost from Boyd Group Services's previous quarterly dividend of $0.15. Boyd Group Services's dividend payout ratio (DPR) is presently 22.10%.

Insider Activity

In other Boyd Group Services news, Director Robert Berthold Espey purchased 150 shares of the company's stock in a transaction dated Tuesday, June 10th. The stock was bought at an average cost of C$201.74 per share, for a total transaction of C$30,261.00. 0.37% of the stock is currently owned by corporate insiders.

Boyd Group Services Company Profile

Boyd Group Services Inc is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass.