FY2024 Earnings Estimate for TSE:BYD Issued By Stifel Canada

Boyd Group Services Inc. (TSE:BYD) – Investment analysts at Stifel Canada raised their FY2024 EPS estimates for Boyd Group Services in a report issued on Monday, January 13th. Stifel Canada analyst D. Young now anticipates that the company will post earnings of $2.29 per share for the year, up from their previous forecast of $2.28. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share.

A number of other equities analysts also recently issued reports on BYD. Royal Bank of Canada decreased their price objective on Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating for the company in a report on Wednesday, October 23rd. Stifel Nicolaus decreased their price target on shares of Boyd Group Services from C$280.00 to C$275.00 in a research note on Monday, October 28th. CIBC boosted 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 note on Monday. TD Securities cut their price objective on shares of Boyd Group Services from C$300.00 to C$270.00 in a report on Wednesday, November 6th. Finally, BMO Capital Markets lowered their target price on shares of Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Boyd Group Services currently has a consensus rating of “Buy” and a consensus price target of C$278.08.

Boyd Group Services Trading Up 1.7 %

BYD opened at C$217.14 on Thursday. The company has a quick ratio of 0.30, a current ratio of 0.61 and a debt-to-equity ratio of 146.14. Boyd Group Services has a 52 week low of C$198.61 and a 52 week high of C$324.75. The stock has a market cap of C$4.66 billion, a PE ratio of 57.90, a PEG ratio of -56.72 and a beta of 0.99. The business has a 50 day moving average of C$215.48 and a 200-day moving average of C$221.66.

Boyd Group Services (TSE:BYD) last posted its earnings results on Tuesday, November 5th. The company reported C$0.20 EPS for the quarter, missing the consensus estimate 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 company had revenue of C$1.03 billion during the quarter, compared to analysts’ expectations of C$1.03 billion.

Insider Activity

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

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.