Boyd Group Services (TSE:BYD) Director Purchases C$75,000.00 in Stock

Boyd Group Services Inc. (TSE:BYD) Director Robert Berthold Espey bought 500 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were acquired at an average price of C$150.00 per share, for a total transaction of C$75,000.00. Following the completion of the transaction, the director owned 3,350 shares in the company, valued at C$502,500. This represents a 17.54% increase in their position.

Boyd Group Services Price Performance

Shares of Boyd Group Services stock traded down C$0.68 during trading on Wednesday, hitting C$146.00. 31,688 shares of the company’s stock traded hands, compared to its average volume of 93,365. The company has a debt-to-equity ratio of 119.31, a current ratio of 0.60 and a quick ratio of 0.30. The firm’s fifty day moving average price is C$167.90 and its 200 day moving average price is C$205.32. Boyd Group Services Inc. has a twelve month low of C$129.74 and a twelve month high of C$248.23. The company has a market cap of C$4.06 billion, a PE ratio of 221.21, a PEG ratio of -56.72 and a beta of 0.75.

Boyd Group Services (TSE:BYD) last issued its earnings results on Wednesday, May 13th. The company reported C$0.81 earnings per share for the quarter. Boyd Group Services had a net margin of 0.40% and a return on equity of 1.04%. The business had revenue of C$1.39 billion for the quarter. Analysts forecast that Boyd Group Services Inc. will post 7.1452646 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on BYD. National Bank Financial decreased their target price on shares of Boyd Group Services from C$290.00 to C$265.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Stifel Nicolaus reduced their price target on shares of Boyd Group Services from C$255.00 to C$205.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Royal Bank Of Canada reduced their price target on shares of Boyd Group Services from C$267.00 to C$245.00 in a research report on Friday, May 15th. BMO Capital Markets reduced their price target on shares of Boyd Group Services from C$250.00 to C$200.00 in a research report on Thursday, May 14th. Finally, Canadian Imperial Bank of Commerce reduced their price target on shares of Boyd Group Services from C$275.00 to C$205.00 in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Boyd Group Services currently has a consensus rating of “Buy” and a consensus price target of C$237.14.

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 .