Boyd Group Services (TSE:BYD – Get Free Report) had its price objective lowered by investment analysts at Raymond James Financial from C$240.00 to C$235.00 in a research note issued to investors on Thursday, BayStreet reports. The brokerage presently has a “strong-buy” rating on the stock. Raymond James Financial‘s price objective points to a potential upside of 120.53% from the stock’s current price.
BYD has been the topic of a number of other research reports. Royal Bank Of Canada reduced their price target on Boyd Group Services from C$236.00 to C$224.00 and set an “outperform” rating on the stock in a research report on Monday, September 14th. TD reduced their price objective on shares of Boyd Group Services from C$200.00 to C$175.00 and set a “top pick” rating for the company in a report on Friday, October 9th. Mizuho set a C$120.00 target price on shares of Boyd Group Services and gave the company an “outperform” rating in a report on Friday, September 18th. BMO Capital Markets cut their price objective on Boyd Group Services from C$200.00 to C$190.00 in a research report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce raised their target price on Boyd Group Services from C$205.00 to C$208.00 in a research report on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. According to data from MarketBeat, Boyd Group Services presently has a consensus rating of “Buy” and a consensus price target of C$201.57.
View Our Latest Stock Report on BYD
Boyd Group Services Stock Performance
Shares of TSE BYD traded down C$3.14 during mid-day trading on Thursday, reaching C$106.56. 255,266 shares of the company were exchanged, compared to its average volume of 105,065. 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 company’s 50-day simple moving average is C$116.25 and its 200-day simple moving average is C$155.24. Boyd Group Services has a twelve month low of C$105.75 and a twelve month high of C$248.23. The stock has a market capitalization of C$2.97 billion, a P/E ratio of 236.80, a P/E/G ratio of -56.72 and a beta of 1.20.
Boyd Group Services (TSE:BYD – Get Free Report) last announced its earnings results on Wednesday, November 11th. The company reported C$0.97 EPS for the quarter. The company had revenue of C$1.44 billion for the quarter. Boyd Group Services had a net margin of 0.26% and a return on equity of 0.61%. As a group, research analysts predict that Boyd Group Services will post 7.15 earnings per share for the current year.
Insider Transactions at Boyd Group Services
In other Boyd Group Services news, insider Jeff Murray purchased 350 shares of the stock in a transaction on Monday, September 28th. The stock was acquired at an average price of C$111.17 per share, with a total value of C$38,909.50. Following the transaction, the insider directly owned 7,700 shares of the company’s stock, valued at approximately C$856,009. This trade represents a 4.76% increase in their position. 0.37% of the stock is currently owned by company insiders.
More Boyd Group Services News
Investors following BYD have been watching these news items:
- Positive Sentiment: A Yahoo Finance analysis says Boyd could be about 50% undervalued following its earnings-related selloff, offering a bullish valuation argument. Boyd Group Services Could Be 50% Undervalued On Its Earnings Selloff
- Neutral Sentiment: Boyd reported Q3 earnings of C$0.97 per share and revenue of C$1.44 billion. The figures provide context for the selloff, but the supplied reports do not give comparisons with analyst expectations. Boyd Group Services Reports Third-Quarter and Nine-Month Results
- Negative Sentiment: RBC lowered its price target to C$193, suggesting a more conservative outlook even though the revised target remains above the price in the supplied trading data. Boyd Group Price Target Lowered to CA$193 at RBC
Boyd Group Services Company Profile
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 .
Recommended Stories
- Five stocks we like better than Boyd Group Services
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
- Midterm Fallout, NVIDIA Turmoil, Anthropic’s IPO: Is Broadcom a Steal?
- 3 Pharmaceutical Stocks That Offer Safety and Growth
Receive News & Ratings for Boyd Group Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boyd Group Services and related companies with MarketBeat.com's FREE daily email newsletter.
