Boyd Group Services (TSE:BYD) Insider Brian Kaner Buys 1,180 Shares

Boyd Group Services Inc. (TSE:BYD) insider Brian Kaner purchased 1,180 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The shares were purchased at an average price of C$173.43 per share, for a total transaction of C$204,647.40. Following the completion of the transaction, the insider directly owned 1,780 shares of the company’s stock, valued at C$308,705.40. This represents a 196.67% increase in their ownership of the stock.

Boyd Group Services Price Performance

Shares of BYD stock opened at C$177.59 on Wednesday. The business’s fifty day moving average is C$220.67 and its 200 day moving average is C$222.47. The company has a quick ratio of 0.30, a current ratio of 3.14 and a debt-to-equity ratio of 99.84. The stock has a market cap of C$4.94 billion, a price-to-earnings ratio of 216.57, a PEG ratio of -56.72 and a beta of 0.40. Boyd Group Services Inc. has a twelve month low of C$172.70 and a twelve month high of C$248.23.

Boyd Group Services (TSE:BYD) last announced its quarterly earnings data on Wednesday, March 18th. The company reported C$1.24 EPS for the quarter. Boyd Group Services had a return on equity of 1.66% and a net margin of 0.59%.The business had revenue of C$1.04 billion during the quarter. Research analysts expect that Boyd Group Services Inc. will post 7.1452646 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BYD has been the topic of several research reports. Raymond James Financial dropped their price objective on shares of Boyd Group Services from C$290.00 to C$275.00 and set a “strong-buy” rating on the stock in a research note on Thursday, March 19th. Jefferies Financial Group decreased their target price on shares of Boyd Group Services from C$275.00 to C$250.00 in a research note on Thursday, March 19th. Royal Bank Of Canada lowered their target price on shares of Boyd Group Services from C$294.00 to C$267.00 in a report on Thursday, March 19th. BMO Capital Markets dropped their price target on Boyd Group Services from C$280.00 to C$250.00 in a research report on Thursday, March 19th. Finally, Stifel Nicolaus cut their price target on Boyd Group Services from C$270.00 to C$265.00 in a research note on Friday, March 20th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of C$263.42.

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 .