Boyd Group Services (NYSE:BGSI) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Boyd Group Services (NYSE:BGSI) from "hold" to "buy", joining mixed analyst views that range from a Scotiabank "strong-buy" to a Weiss Ratings "sell", with a MarketBeat consensus of Moderate Buy and a consensus price target of $200.
• BGSI's latest quarter showed an EPS beat of $0.90 versus $0.63 expected but missed revenue at $793.85M versus $821.73M, and the company reported a thin net margin of 0.59%.
• The stock trades around $140.32 with a market cap of $3.91B and a high P/E of 171.13, and has a one‑year range of $134.22–$183.10, indicating a relatively stretched valuation versus earnings.

Boyd Group Services (NYSE:BGSI - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Sunday.

BGSI has been the subject of a number of other research reports. Scotiabank upgraded shares of Boyd Group Services to a "strong-buy" rating in a research note on Wednesday, January 14th. Weiss Ratings started coverage on shares of Boyd Group Services in a research note on Thursday, January 15th. They issued a "sell (d+)" rating on the stock. Finally, Stephens reiterated an "overweight" rating and set a $200.00 target price on shares of Boyd Group Services in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Boyd Group Services has a consensus rating of "Moderate Buy" and a consensus price target of $200.00.

Boyd Group Services Price Performance

Shares of NYSE BGSI opened at $140.32 on Friday. The firm has a market cap of $3.91 billion, a P/E ratio of 171.13 and a beta of 0.68. Boyd Group Services has a 1 year low of $134.22 and a 1 year high of $183.10. The business's 50 day moving average price is $165.99. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.59 and a quick ratio of 0.44.

Boyd Group Services (NYSE:BGSI - Get Free Report) last announced its earnings results on Wednesday, March 18th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.27. The business had revenue of $793.85 million for the quarter, compared to analyst estimates of $821.73 million. Boyd Group Services had a net margin of 0.59% and a return on equity of 5.89%.

Hedge Funds Weigh In On Boyd Group Services

A number of hedge funds and other institutional investors have recently bought and sold shares of BGSI. Assetmark Inc. acquired a new stake in shares of Boyd Group Services in the 4th quarter worth $59,000. Public Sector Pension Investment Board acquired a new position in shares of Boyd Group Services during the fourth quarter worth about $262,000. Susquehanna Portfolio Strategies LLC acquired a new position in shares of Boyd Group Services during the fourth quarter worth about $287,000. Invesco Ltd. purchased a new position in Boyd Group Services during the fourth quarter worth about $318,000. Finally, Deutsche Bank AG purchased a new position in Boyd Group Services during the fourth quarter worth about $373,000. 0.17% of the stock is currently owned by hedge funds and other institutional investors.

Boyd Group Services Company Profile

Boyd Group Services Inc is a North American operator of collision repair centers that provides vehicle repair, paint and refinishing, and auto glass replacement services. Its locations perform mechanical and cosmetic collision repairs, parts sourcing, and related warranty work, serving retail customers as well as business clients such as insurers and fleet operators. The company’s operations typically include estimating, repair planning, paint and body work, and post-repair quality assurance and customer service.

Headquartered in Winnipeg, Manitoba, Canada, Boyd Group Services operates across both Canada and the United States through a network of company-owned collision repair facilities under various local and regional brand names.

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