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 company’s stock in a transaction on Wednesday, May 27th. The stock was bought at an average cost of C$150.00 per share, with a total value of C$75,000.00. Following the completion of the purchase, the director owned 3,350 shares of the company’s stock, valued at approximately C$502,500. The trade was a 17.54% increase in their position.

Boyd Group Services Price Performance

Shares of TSE BYD traded down C$0.68 during trading on Wednesday, reaching C$146.00. The company had a trading volume of 31,688 shares, compared to its average volume of 93,365. Boyd Group Services Inc. has a 52 week low of C$129.74 and a 52 week high of C$248.23. The stock 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. The company has a debt-to-equity ratio of 119.31, a quick ratio of 0.30 and a current ratio of 0.60. The business’s 50 day moving average price is C$167.90 and its 200-day moving average price is C$205.32.

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. Boyd Group Services had a net margin of 0.40% and a return on equity of 1.04%. The company had revenue of C$1.39 billion during the quarter. Analysts expect that Boyd Group Services Inc. will post 7.1452646 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BYD shares. Canadian Imperial Bank of Commerce dropped their price target on shares of Boyd Group Services from C$275.00 to C$205.00 in a research note on Thursday, May 14th. Stifel Nicolaus dropped their price target on shares of 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. Raymond James Financial dropped their price target on shares of Boyd Group Services from C$275.00 to C$270.00 in a research note on Thursday, April 2nd. TD Securities dropped their price target on shares of 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. Finally, Desjardins dropped their price target on shares of Boyd Group Services from C$260.00 to C$240.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Two 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. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price 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 .