FY2025 Earnings Forecast for Boyd Group Services Inc. Issued By National Bank Financial (TSE:BYD)

Boyd Group Services Inc. (TSE:BYD) – Stock analysts at National Bank Financial reduced their FY2025 EPS estimates for Boyd Group Services in a research note issued on Wednesday, September 18th. National Bank Financial analyst Z. Evershed now forecasts that the company will earn $6.23 per share for the year, down from their prior forecast of $6.27. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.11 per share.

Boyd Group Services (TSE:BYD) last announced its earnings results on Thursday, August 8th. The company reported C$0.77 earnings per share for the quarter, missing the consensus estimate of C$0.82 by C($0.05). The business had revenue of C$1.07 billion for the quarter, compared to analysts’ expectations of C$1.08 billion. Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%.

Other research analysts have also recently issued reports about the company. Raymond James lowered their target price on Boyd Group Services from C$350.00 to C$325.00 and set a “strong-buy” rating for the company in a research note on Wednesday, August 7th. CIBC cut their target price on shares of Boyd Group Services from C$290.00 to C$268.00 in a research note on Friday, August 9th. Cormark lowered their price target on shares of Boyd Group Services from C$300.00 to C$255.00 and set a “hold” rating for the company in a report on Friday, August 9th. Jefferies Financial Group decreased their price objective on shares of Boyd Group Services from C$325.00 to C$300.00 in a research report on Friday, August 9th. Finally, Stifel Nicolaus dropped their target price on Boyd Group Services from C$295.00 to C$280.00 and set a “buy” rating on the stock in a report on Tuesday, August 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$285.69.

Boyd Group Services Stock Performance

TSE:BYD opened at C$204.39 on Friday. Boyd Group Services has a 52 week low of C$202.81 and a 52 week high of C$324.75. The company has a fifty day simple moving average of C$229.68 and a two-hundred day simple moving average of C$253.32. The company has a quick ratio of 0.30, a current ratio of 0.61 and a debt-to-equity ratio of 146.14. The company has a market cap of C$4.39 billion, a price-to-earnings ratio of 54.94, a price-to-earnings-growth ratio of -56.72 and a beta of 1.01.

Insiders Place Their Bets

In related news, Senior Officer Jeff Murray bought 456 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were acquired at an average price of C$223.12 per share, with a total value of C$101,742.72. 0.37% of the stock is owned by insiders.

Boyd Group Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 29th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.29%. The ex-dividend date of this dividend is Friday, September 27th. Boyd Group Services’s dividend payout ratio is presently 16.13%.

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.