Boyd Group Services (OTCMKTS:BYDGF) Posts Earnings Results, Misses Expectations By $0.05 EPS

Boyd Group Services (OTCMKTS:BYDGF) announced its quarterly earnings results on Wednesday. The company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.05), Zacks reports. The firm had revenue of $780.41 million for the quarter, compared to analyst estimates of $792.39 million. Boyd Group Services had a net margin of 0.44% and a return on equity of 2.83%.

Boyd Group Services Stock Up 17.7%

Shares of Boyd Group Services stock opened at $162.98 on Thursday. Boyd Group Services has a 12-month low of $136.81 and a 12-month high of $185.45. The company has a quick ratio of 0.44, a current ratio of 0.59 and a debt-to-equity ratio of 0.61. The stock has a 50 day moving average price of $149.62 and a two-hundred day moving average price of $152.48. The stock has a market capitalization of $3.50 billion, a P/E ratio of 262.87 and a beta of 0.71.

Analyst Ratings Changes

A number of analysts have issued reports on BYDGF shares. The Goldman Sachs Group upgraded shares of Boyd Group Services from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Boyd Group Services in a research note on Thursday, May 15th. Finally, Stephens assumed coverage on shares of Boyd Group Services in a report on Tuesday, June 10th. They issued an “overweight” rating for the company. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

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.