Should I buy or sell Boyd Group Services stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boyd Group Services in the last year. There are currently 1 sell rating, 9 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BYD shares. View BYD analyst ratings or view top-rated stocks .

What is Boyd Group Services' stock price target for 2024?

12 brokers have issued 12 month price objectives for Boyd Group Services' shares. Their BYD share price targets range from C$225.00 to C$350.00. On average, they predict the company's stock price to reach C$301.85 in the next year. This suggests a possible upside of 29.0% from the stock's current price. View analysts price targets for BYD or view top-rated stocks among Wall Street analysts .

How have BYD shares performed in 2024?

Boyd Group Services' stock was trading at C$278.49 at the beginning of the year. Since then, BYD shares have decreased by 16.0% and is now trading at C$234.01. View the best growth stocks for 2024 here .

When is Boyd Group Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our BYD earnings forecast .

How were Boyd Group Services' earnings last quarter?

Boyd Group Services Inc. (TSE:BYD) released its quarterly earnings results on Wednesday, March, 20th. The company reported $1.27 EPS for the quarter, missing the consensus estimate of $1.50 by $0.23. The company earned $1.01 billion during the quarter, compared to analysts' expectations of $1.01 billion. Boyd Group Services had a trailing twelve-month return on equity of 11.00% and a net margin of 2.94%.

How often does Boyd Group Services pay dividends? What is the dividend yield for Boyd Group Services?

Boyd Group Services declared a quarterly dividend on Friday, March 15th. Stockholders of record on Sunday, March 31st will be given a dividend of 0.15 per share on Friday, April 26th. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for BYD .

Is Boyd Group Services a good dividend stock?

Boyd Group Services (TSE:BYD) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 0.23%. The dividend payout ratio is 10.87%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for BYD .

What other stocks do shareholders of Boyd Group Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boyd Group Services investors own include Boyd Group Income Fund (BYD.UN) , Royal Bank of Canada (RY) , Air Canada (AC) , Canadian Natural Resources (CNQ) , Enbridge (ENB) , NVIDIA (NVDA) , AT&T (T) , Toronto-Dominion Bank (TD) , Bank of Montreal (BMO) and Canadian National Railway (CNR) .

How do I buy shares of Boyd Group Services?

Shares of BYD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:BYD

Boyd Group Services (BYD) Stock Price, News & Analysis

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C$234.01

-1.35 (-0.57%)

(As of 05/17/2024 ET)

Compare

Today's Range: C$232.00
▼
C$237.73
50-Day Range: C$234.01
▼
C$314.91
52-Week Range: C$228.56
▼
C$324.75

Volume: 55,740 shs
Average Volume: 42,897 shs
Market Capitalization: C$5.02 billion

P/E Ratio: 42.39
Dividend Yield: 0.26%
Price Target: C$301.85

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

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Boyd Group Services MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 29.0% Upside
C$301.85 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.01
Based on 43 Articles This Week
Insider Trading: Acquiring Shares
C$23,969 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.67 out of 5 stars

4.5

Analyst's Opinion

Consensus Rating
Boyd Group Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Boyd Group Services has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Boyd Group Services' stock forecast and price target.

N/A

Short Interest

Short Interest
There is no current short interest data available for BYD.

0.8

Dividend Strength

Dividend Yield
Boyd Group Services has a dividend yield of 0.23%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Boyd Group Services does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Boyd Group Services is 10.87%. This payout ratio is at a healthy, sustainable level, below 75%.
Read more about Boyd Group Services' dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BYD.

1.7

News and Social Media Coverage

News Sentiment
Boyd Group Services has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 43 news articles for Boyd Group Services this week, compared to 2 articles on an average week.
Search Interest
Only 18 people have searched for BYD on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boyd Group Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$23,969.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 0.37% of the stock of Boyd Group Services is held by insiders.
Percentage Held by Institutions
52.30% of the stock of Boyd Group Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Boyd Group Services' insider trading history.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Boyd Group Services is 42.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boyd Group Services is 42.39, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 326.02.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Boyd Group Services, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Boyd Group Services has a P/B Ratio of 6.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Boyd Group Services' valuation and earnings.

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About Boyd Group Services Stock (TSE:BYD)

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. In addition, the company operates a third-party administrator, Gerber National Claims Services that offers glass, emergency roadside, and first notice of loss services. It serves insurance companies and individual vehicle owners. The company was founded in 1990 and is headquartered in Winnipeg, Canada.

BYD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BYD Stock News Headlines

May 17 at 1:31 PM | insidertrades.com

Insider Buying: Boyd Group Services Inc. (TSE:BYD) Director Buys 100 Shares of Stock

May 18 at 6:30 AM | americanbankingnews.com

FY2024 EPS Estimates for Boyd Group Services Inc. (TSE:BYD) Reduced by Atb Cap Markets

May 18 at 5:50 AM | americanbankingnews.com

ATB Capital Lowers Boyd Group Services (TSE:BYD) Price Target to C$340.00