Cormark Lifts Earnings Estimates for Boyd Group Services

Boyd Group Services Inc. (TSE:BYD - Free Report) - Cormark increased their FY2026 earnings estimates for shares of Boyd Group Services in a report released on Monday, January 27th. Cormark analyst J. Fenwick now expects that the company will post earnings of $8.16 per share for the year, up from their previous estimate of $7.62. The consensus estimate for Boyd Group Services' current full-year earnings is $7.15 per share.

A number of other analysts also recently weighed in on the stock. TD Securities cut their price target on shares of Boyd Group Services from C$300.00 to C$270.00 in a report on Wednesday, November 6th. Raymond James cut their price target on shares of Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. CIBC upped their price objective on shares of Boyd Group Services from C$252.00 to C$272.00 and gave the stock an "outperform" rating in a research report on Monday, January 13th. National Bankshares lowered their price objective on shares of Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday, November 6th. Finally, BMO Capital Markets lowered their price objective on shares of Boyd Group Services from C$260.00 to C$250.00 in a research report on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of C$278.08.

Boyd Group Services Price Performance

Shares of Boyd Group Services stock traded down C$2.36 on Tuesday, reaching C$236.89. 34,940 shares of the stock were exchanged, compared to its average volume of 51,588. The firm's 50 day moving average is C$216.72 and its 200-day moving average is C$219.96. Boyd Group Services has a one year low of C$198.61 and a one year high of C$324.75. The company has a debt-to-equity ratio of 146.14, a quick ratio of 0.30 and a current ratio of 0.61. The firm has a market cap of C$5.09 billion, a PE ratio of 63.17, a P/E/G ratio of -56.72 and a beta of 0.99.

Boyd Group Services (TSE:BYD - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The company reported C$0.20 earnings per share for the quarter, missing analysts' consensus estimates of C$0.66 by C($0.46). Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%. The firm had revenue of C$1.03 billion for the quarter, compared to the consensus estimate of C$1.03 billion.

Insider Activity

In other news, Director Robert Berthold Espey bought 200 shares of the firm's stock in a transaction that occurred on Tuesday, November 26th. The shares were acquired at an average price of C$220.00 per share, with a total value of C$44,000.00. Insiders own 0.37% of the company's stock.

Boyd Group Services Company Profile

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.