Desjardins Issues Pessimistic Estimate for TSE:BYD Earnings

Boyd Group Services Inc. (TSE:BYD - Free Report) - Investment analysts at Desjardins decreased their FY2025 earnings per share (EPS) estimates for Boyd Group Services in a research report issued on Wednesday, March 19th. Desjardins analyst G. Ho now anticipates that the company will post earnings per share of $3.03 for the year, down from their prior forecast of $4.35. Desjardins currently has a "Buy" rating and a $255.00 price target on the stock. The consensus estimate for Boyd Group Services' current full-year earnings is $7.15 per share. Desjardins also issued estimates for Boyd Group Services' FY2026 earnings at $4.70 EPS.

Several other research analysts have also commented on the company. National Bankshares cut their price objective on Boyd Group Services from C$275.00 to C$260.00 and set an "outperform" rating on the stock in a research report on Thursday, March 20th. Cormark reduced their target price on Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday, March 20th. Stifel Nicolaus reduced their price target on shares of Boyd Group Services from C$285.00 to C$270.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Royal Bank of Canada decreased their price objective on shares of Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday, March 20th. Finally, BMO Capital Markets lifted their target price on Boyd Group Services from C$250.00 to C$280.00 and gave the company a "strong-buy" rating in a research note on Thursday, March 20th. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, Boyd Group Services has an average rating of "Buy" and a consensus target price of C$274.83.

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Boyd Group Services Trading Up 2.3 %

Shares of TSE BYD traded up C$4.87 during trading on Monday, hitting C$215.55. 59,926 shares of the company traded hands, compared to its average volume of 58,804. Boyd Group Services has a 1 year low of C$198.61 and a 1 year high of C$291.53. The firm has a market capitalization of C$3.27 billion, a P/E ratio of 79.39, a P/E/G ratio of -56.72 and a beta of 0.99. 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 company has a 50-day moving average price of C$232.86 and a 200-day moving average price of C$220.59.

Boyd Group Services Company Profile

Boyd Group Services Inc is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass.