Boyd Group Services Inc. to Post FY2023 Earnings of ... - MarketBeat
| BYD Stock | CAD 206.30 1.21 0.59% |
About 53% of Boyd Group's investor base is interested to short. The analysis of overall sentiment of trading Boyd Group Services stock suggests that many investors are impartial at this time. Boyd Group's investing sentiment overview a quick insight into current market opportunities from investing in Boyd Group Services. Many technical investors use Boyd Group Services stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Boyd Group Services Inc. to Post FY2023 Earnings of ... MarketBeat
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Boyd Group Fundamental Analysis
We analyze Boyd Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boyd Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boyd Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Debt To Equity
Debt To Equity Comparative Analysis
Boyd Group is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Boyd Group Services Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Boyd Group stock to make a market-neutral strategy. Peer analysis of Boyd Group could also be used in its relative valuation, which is a method of valuing Boyd Group by comparing valuation metrics with similar companies.
Peers
Boyd Group Related Equities
| ENGH | Enghouse Systems | 0.48 | ||||
| CIGI | Colliers International | 0.27 | ||||
| RBA | Ritchie Bros | 0.05 | ||||
| FSV | FirstService Corp | 0.01 | ||||
| PBH | Premium Brands | 0.18 |
Other Information on Investing in Boyd Stock
Boyd Group financial ratios help investors to determine whether Boyd Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Boyd with respect to the benefits of owning Boyd Group security.