Boyd Group Services (OTCMKTS:BYDGF) Raised to “Hold” at The Goldman Sachs Group

Boyd Group Services (OTCMKTS:BYDGF) was upgraded by equities research analysts at The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other research analysts have also commented on the stock. Royal Bank of Canada restated an “outperform” rating on shares of Boyd Group Services in a research report on Thursday, May 15th. BMO Capital Markets restated an “outperform” rating on shares of Boyd Group Services in a research report on Thursday, March 20th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Boyd Group Services currently has a consensus rating of “Buy”.

Boyd Group Services Trading Up 0.4%

Shares of BYDGF stock opened at $149.00 on Tuesday. The company’s fifty day simple moving average is $146.48 and its two-hundred day simple moving average is $153.43. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.70 and a quick ratio of 0.55. Boyd Group Services has a 1 year low of $136.81 and a 1 year high of $198.55. The stock has a market capitalization of $3.20 billion, a price-to-earnings ratio of 78.01 and a beta of 0.73.

Boyd Group Services (OTCMKTS:BYDGF) last released its quarterly earnings results on Wednesday, May 14th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). The firm had revenue of $778.32 million for the quarter, compared to analysts’ expectations of $822.70 million. Boyd Group Services had a net margin of 1.35% and a return on equity of 5.35%.

Boyd Group Services Company Profile

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.