Cormark Forecasts Stronger Earnings for Boyd Group Services

Boyd Group Services Inc. (TSE:BYD) – Stock analysts at Cormark lifted their FY2026 earnings per share (EPS) estimates for shares of Boyd Group Services in a research note issued to investors on Tuesday, December 3rd. Cormark analyst J. Fenwick now expects that the company will post earnings per share of $7.62 for the year, up from their prior estimate of $7.51. Cormark has a “Hold” rating and a $255.00 price objective on the stock. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share.

Boyd Group Services (TSE:BYD) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.20 earnings per share (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 the consensus estimate of C$1.03 billion.

Other research analysts have also issued reports about the company. ATB Capital reduced their price target on Boyd Group Services from C$340.00 to C$320.00 in a research report on Wednesday, November 6th. National Bankshares reduced their target price on Boyd Group Services from C$270.00 to C$245.00 in a report on Wednesday, November 6th. Royal Bank of Canada reduced their target price on Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. BMO Capital Markets reduced their target price on Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. Finally, Stifel Nicolaus reduced their target price on Boyd Group Services from C$280.00 to C$275.00 in a report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$277.75.

Boyd Group Services Stock Up 1.7 %

TSE:BYD opened at C$217.26 on Wednesday. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$324.75. 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 firm has a market capitalization of C$4.66 billion, a P/E ratio of 57.94, a P/E/G ratio of -56.72 and a beta of 0.99. The stock’s fifty day simple moving average is C$215.40 and its 200-day simple moving average is C$228.56.

Boyd Group Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 29th. Shareholders of record on Monday, September 30th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.28%. The ex-dividend date was Friday, September 27th. Boyd Group Services’s dividend payout ratio is 16.00%.

Insider Buying and Selling at Boyd Group Services

In related news, Director Robert Berthold Espey bought 200 shares of the 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. Company 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.