Boyd Group Services (TSE:BYD) Director Robert Berthold Espey Buys 500 Shares of Stock

Boyd Group Services Inc. (TSE:BYD) 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, for a total transaction of C$75,000.00. Following the transaction, the director owned 3,350 shares of the company’s stock, valued at C$502,500. This trade represents a 17.54% increase in their position.

Boyd Group Services Stock Up 0.3%

Boyd Group Services stock opened at C$147.08 on Thursday. 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 stock 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 business has a 50 day simple moving average of C$166.52 and a 200-day simple moving average of C$204.87. Boyd Group Services Inc. has a 12 month low of C$129.74 and a 12 month high of C$248.23.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Stifel Nicolaus reduced their target price on Boyd Group Services from C$255.00 to C$205.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Royal Bank Of Canada reduced their target price on Boyd Group Services from C$267.00 to C$245.00 in a research note on Friday, May 15th. TD Securities reduced their target price on Boyd Group Services from C$290.00 to C$270.00 and set a “buy” rating for the company in a research note on Thursday, March 19th. Scotia reduced their target price on Boyd Group Services from C$239.00 to C$231.00 and set a “sector outperform” rating for the company in a research note on Thursday, May 14th. Finally, Raymond James Financial reduced their target price on Boyd Group Services from C$275.00 to C$270.00 in a research note on Thursday, April 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$237.14.

About Boyd Group Services

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 .