Key Points
- Insider Jeff Murray purchased 350 Boyd Group Services shares at an average price of C$111.17, investing C$38,909.50 and increasing his direct ownership by 4.76% to 7,700 shares.
- Boyd Group shares opened at C$111.95, near their 52-week low of C$110.11 and well below the 52-week high of C$248.23. The company reported C$1.14 in quarterly EPS on C$1.44 billion in revenue.
- Analysts maintain a broadly positive outlook, with an average “Buy” rating and a consensus price target of C$221.29, despite several recent target-price reductions.
Boyd Group Services Inc. (TSE:BYD - Get Free Report) insider Jeff Murray bought 350 shares of the business's stock in a transaction on Monday, September 28th. The stock was bought at an average cost of C$111.17 per share, with a total value of C$38,909.50. Following the completion of the purchase, the insider directly owned 7,700 shares in the company, valued at approximately C$856,009. The trade was a 4.76% increase in their ownership of the stock.
Boyd Group Services Stock Up 1.1%
TSE BYD opened at C$111.95 on Wednesday. The business's fifty day simple moving average is C$128.36 and its 200-day simple moving average is C$146.22. The company has a quick ratio of 0.30, a current ratio of 0.58 and a debt-to-equity ratio of 117.12. The firm has a market cap of C$3.12 billion, a PE ratio of 248.78, a P/E/G ratio of -56.72 and a beta of 0.93. Boyd Group Services Inc. has a 52 week low of C$110.11 and a 52 week high of C$248.23.
Boyd Group Services (TSE:BYD - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$1.14 earnings per share (EPS) for the quarter. Boyd Group Services had a net margin of 0.26% and a return on equity of 0.61%. The firm had revenue of C$1.44 billion during the quarter. As a group, equities analysts anticipate that Boyd Group Services Inc. will post 7.1452646 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. Jefferies Financial Group reduced their price target on shares of Boyd Group Services from C$250.00 to C$225.00 in a research report on Thursday, August 13th. Scotiabank lowered their price objective on Boyd Group Services from C$219.00 to C$210.00 and set a "sector outperform" rating for the company in a research report on Thursday, August 13th. Canadian Imperial Bank of Commerce raised their target price on Boyd Group Services from C$205.00 to C$208.00 in a research note on Thursday, August 13th. Mizuho set a C$120.00 target price on Boyd Group Services and gave the company an "outperform" rating in a research report on Friday, September 18th. Finally, TD increased their price target on Boyd Group Services from C$190.00 to C$200.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating and twelve have given a Buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of C$221.29.
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About Boyd Group Services
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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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