Boyd Group Services (OTCMKTS:BYDGF) Stock Price Up 0.4% – Here’s Why

Shares of Boyd Group Services Inc. (OTCMKTS:BYDGF) rose 0.4% on Monday . The company traded as high as $154.15 and last traded at $154.15. Approximately 1,472 shares traded hands during trading, a decline of 33% from the average daily volume of 2,205 shares. The stock had previously closed at $153.54.

Wall Street Analyst Weigh In

BYDGF has been the topic of a number of research reports. CIBC restated an “outperform” rating on shares of Boyd Group Services in a research report on Monday, October 20th. Royal Bank Of Canada restated an “outperform” rating on shares of Boyd Group Services in a research report on Thursday, August 14th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Boyd Group Services presently has a consensus rating of “Moderate Buy”.

Boyd Group Services Price Performance

The business has a 50-day simple moving average of $163.66 and a 200 day simple moving average of $154.14. The stock has a market cap of $3.31 billion, a P/E ratio of 416.61 and a beta of 0.73. The company has a current ratio of 0.59, a quick ratio of 0.44 and a debt-to-equity ratio of 0.61.

Boyd Group Services (OTCMKTS:BYDGF) last announced its earnings results on Wednesday, August 13th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.05). The business had revenue of $780.41 million for the quarter, compared to the consensus estimate of $792.39 million. Boyd Group Services had a net margin of 0.27% and a return on equity of 2.70%.

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.