Brokers Issue Forecasts for TSE:BYD FY2024 Earnings

Boyd Group Services Inc. (TSE:BYD - Free Report) - Atb Cap Markets reduced their FY2024 earnings per share (EPS) estimates for shares of Boyd Group Services in a research note issued on Wednesday, March 12th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $1.97 per share for the year, down from their prior estimate of $2.32. The consensus estimate for Boyd Group Services' current full-year earnings is $7.15 per share. Atb Cap Markets also issued estimates for Boyd Group Services' Q4 2024 earnings at $0.32 EPS, Q2 2025 earnings at $1.52 EPS, FY2025 earnings at $6.03 EPS and FY2026 earnings at $9.01 EPS.

Several other equities research analysts have also issued reports on BYD. Cormark decreased their target price on Boyd Group Services from C$240.00 to C$200.00 in a research report on Thursday. BMO Capital Markets raised their target price on Boyd Group Services from C$250.00 to C$280.00 in a research report on Thursday. Royal Bank of Canada decreased their price objective on Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday. CIBC lifted their price objective on Boyd Group Services from C$281.00 to C$286.00 and gave the stock an "outperform" rating in a report on Thursday. Finally, TD Securities lifted their price objective on Boyd Group Services from C$270.00 to C$290.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. One research analyst has rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of C$275.25.

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Boyd Group Services Stock Performance

Shares of Boyd Group Services stock traded down C$4.49 during trading hours on Monday, hitting C$212.29. 42,162 shares of the company's stock traded hands, compared to its average volume of 56,657. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$292.81. The stock has a market capitalization of C$3.22 billion, a price-to-earnings ratio of 78.19, a PEG ratio of -56.72 and a beta of 0.99. The company has a fifty day simple moving average of C$233.07 and a 200-day simple moving average of C$221.10. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30.

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.