Boyd Group Services (TSE:BYD) Stock: Insider Jeff Murray Purchases 350 Shares

Boyd Group Services Inc. (TSE:BYD) insider Jeff Murray bought 350 shares of the stock in a transaction dated Monday, September 28th. The shares were bought at an average cost of C$111.17 per share, with a total value of C$38,909.50. Following the completion of the acquisition, the insider directly owned 7,700 shares of the company’s stock, valued at approximately C$856,009. The trade was a 4.76% increase in their position.

Boyd Group Services Stock Performance

Shares of TSE BYD traded up C$0.68 during mid-day trading on Tuesday, hitting C$111.46. The company had a trading volume of 69,232 shares, compared to its average volume of 100,266. Boyd Group Services Inc. has a 12 month low of C$110.11 and a 12 month high of C$248.23. The company has a debt-to-equity ratio of 117.12, a current ratio of 0.58 and a quick ratio of 0.30. The firm’s 50 day simple moving average is C$129.02 and its two-hundred day simple moving average is C$146.97. The stock has a market cap of C$3.10 billion, a price-to-earnings ratio of 247.69, a PEG ratio of -56.72 and a beta of 0.93.

Boyd Group Services (TSE:BYD) last posted its earnings results on Wednesday, August 12th. The company reported C$1.14 earnings per share (EPS) for the quarter. Boyd Group Services had a return on equity of 0.61% and a net margin of 0.26%.The company had revenue of C$1.44 billion for the quarter. As a group, equities research analysts forecast that Boyd Group Services Inc. will post 7.1452646 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BYD shares. Royal Bank Of Canada reduced their price objective on Boyd Group Services from C$236.00 to C$224.00 and set an “outperform” rating for the company in a research report on Monday, September 14th. Desjardins decreased their price target on Boyd Group Services from C$240.00 to C$225.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Canadian Imperial Bank of Commerce raised their price target on Boyd Group Services from C$205.00 to C$208.00 in a report on Thursday, August 13th. TD upped their price objective on shares of Boyd Group Services from C$190.00 to C$200.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Finally, Jefferies Financial Group decreased their target price on shares of Boyd Group Services from C$250.00 to C$225.00 in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating and twelve have assigned a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$221.29.

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 .