National Bank Financial Forecasts TSE:BYD FY2024 Earnings

Boyd Group Services Inc. (TSE:BYD - Free Report) - Equities research analysts at National Bank Financial boosted their FY2024 earnings estimates for Boyd Group Services in a research report issued on Wednesday, February 5th. National Bank Financial analyst Z. Evershed now anticipates that the company will post earnings per share of $1.93 for the year, up from their previous estimate of $1.75. The consensus estimate for Boyd Group Services' current full-year earnings is $7.15 per share. National Bank Financial also issued estimates for Boyd Group Services' Q4 2024 earnings at $0.28 EPS and FY2025 earnings at $5.50 EPS.

Several other brokerages have also weighed in on BYD. Raymond James lowered their target price on shares of Boyd Group Services from C$295.00 to C$285.00 in a research note on Thursday, November 7th. TD Securities increased their target price on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. ATB Capital lowered their target price on shares of Boyd Group Services from C$340.00 to C$320.00 in a research note on Wednesday, November 6th. Royal Bank of Canada lowered their target price on shares of Boyd Group Services from C$306.00 to C$280.00 and set an "outperform" rating for the company in a research note on Wednesday, October 23rd. Finally, National Bankshares lowered their price objective on shares of Boyd Group Services from C$270.00 to C$245.00 in a research note on Wednesday, November 6th. One analyst has rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of C$280.00.

Boyd Group Services Trading Down 0.6 %

BYD stock traded down C$1.52 during mid-day trading on Monday, hitting C$235.26. 63,908 shares of the company were exchanged, compared to its average volume of 55,563. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94. The firm has a market capitalization of C$3.57 billion, a P/E ratio of 86.65, a PEG ratio of -56.72 and a beta of 0.99. The business has a fifty day simple moving average of C$221.71 and a 200-day simple moving average of C$219.19. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$324.75.

Insider Buying and Selling

In other news, Director Robert Berthold Espey purchased 200 shares of the firm's stock in a transaction that occurred on Tuesday, November 26th. The stock was bought at an average price of C$220.00 per share, for a total transaction of C$44,000.00. 0.37% of the stock is owned by insiders.

About Boyd Group Services

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.