Key Points
- Boyd Group Services director Robert Berthold Espey bought 500 shares on May 27 at C$150.00 each, for a total of C$75,000. After the purchase, he owned 3,350 shares, a 17.54% increase in his position.
- The stock was up 0.3% and opened at C$147.08, while trading near the lower end of its 52-week range of C$129.74 to C$248.23. The company also has a market cap of about C$4.09 billion and relatively weak liquidity metrics.
- Boyd Group Services recently reported C$0.81 EPS and C$1.39 billion in quarterly revenue, but analysts have trimmed price targets across several firms. Even so, the stock still carries a consensus Buy rating with an average target of C$237.14.
Boyd Group Services Inc. (TSE:BYD - Get Free Report) Director Robert Berthold Espey purchased 500 shares of the company's stock in a transaction that occurred on Wednesday, May 27th. The shares were purchased at an average price of C$150.00 per share, with a total value of C$75,000.00. Following the completion of the transaction, the director directly owned 3,350 shares of the company's stock, valued at C$502,500. This represents a 17.54% increase in their position.
Boyd Group Services Stock Up 0.3%
Shares of BYD opened at C$147.08 on Thursday. Boyd Group Services Inc. has a 52-week low of C$129.74 and a 52-week high of C$248.23. The company has a market capitalization of C$4.09 billion, a PE ratio of 222.85, a price-to-earnings-growth ratio of -56.72 and a beta of 0.75. The stock has a fifty day simple moving average of C$166.52 and a two-hundred day simple moving average of C$204.87. The company has a quick ratio of 0.30, a current ratio of 0.60 and a debt-to-equity ratio of 119.31.
Boyd Group Services (TSE:BYD - Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported C$0.81 earnings per share (EPS) for the quarter. Boyd Group Services had a return on equity of 1.04% and a net margin of 0.40%.The business had revenue of C$1.39 billion during the quarter. As a group, equities analysts forecast that Boyd Group Services Inc. will post 7.1452646 EPS for the current year.
Analyst Ratings Changes
A number of brokerages have issued reports on BYD. Canadian Imperial Bank of Commerce cut their target price on Boyd Group Services from C$275.00 to C$205.00 in a research note on Thursday, May 14th. National Bank Financial cut their target price on Boyd Group Services from C$290.00 to C$265.00 and set an "outperform" rating for the company in a research note on Friday, May 1st. Jefferies Financial Group cut their target price on Boyd Group Services from C$275.00 to C$250.00 in a research note on Thursday, March 19th. TD cut their target price on Boyd Group Services from C$270.00 to C$190.00 and set a "buy" rating for the company in a research note on Thursday, May 14th. Finally, Stifel Nicolaus lowered their price target on Boyd Group Services from C$255.00 to C$205.00 and set a "buy" rating for the company in a report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of C$237.14.
View Our Latest Stock Analysis on Boyd Group Services
Boyd Group Services Company Profile
(
Get Free Report)
Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .
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