Cormark Has Bearish Estimate for TSE:BYD FY2025 Earnings

Boyd Group Services Inc. (TSE:BYD) – Analysts at Cormark reduced their FY2025 earnings per share (EPS) estimates for Boyd Group Services in a report released on Thursday, March 20th. Cormark analyst J. Fenwick now forecasts that the company will earn $3.89 per share for the year, down from their prior forecast of $5.54. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share. Cormark also issued estimates for Boyd Group Services’ FY2026 earnings at $7.06 EPS.

A number of other brokerages have also recently issued reports on BYD. BMO Capital Markets increased their target price on shares of Boyd Group Services from C$250.00 to C$280.00 and gave the company a “strong-buy” rating in a report on Thursday, March 20th. CIBC raised their price objective on Boyd Group Services from C$281.00 to C$286.00 and gave the company an “outperform” rating in a research note on Thursday, March 20th. Stifel Nicolaus decreased their target price on 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. TD Securities raised their price target on Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. Finally, Desjardins cut their price target on Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company 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 given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$274.83.

Boyd Group Services Stock Down 1.0 %

Shares of TSE BYD opened at C$205.60 on Monday. The stock has a market capitalization of C$3.12 billion, a price-to-earnings ratio of 75.73, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. Boyd Group Services has a 52 week low of C$198.61 and a 52 week high of C$291.53. The firm has a 50-day moving average price of C$232.99 and a 200 day moving average price of C$220.66. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94.

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.