TSE:BYD FY2024 EPS Lifted by National Bank Financial

Boyd Group Services Inc. (TSE:BYD) – Equities research analysts at National Bank Financial upped their FY2024 earnings per share estimates for Boyd Group Services in a report released on Wednesday, February 5th. National Bank Financial analyst Z. Evershed now expects that the company will post earnings of $1.93 per share for the year, up from their prior estimate of $1.75. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share. National Bank Financial also issued estimates for Boyd Group Services’ Q4 2024 earnings at $0.28 EPS and FY2025 earnings at $5.50 EPS.

Several other research firms have also weighed in on BYD. Royal Bank of Canada dropped their price objective on shares of 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. Raymond James dropped their price target on Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. TD Securities boosted their price objective on Boyd Group Services from C$270.00 to C$290.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. ATB Capital lowered their target price on Boyd Group Services from C$340.00 to C$320.00 in a research note on Wednesday, November 6th. Finally, BMO Capital Markets cut their price target on Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$280.00.

Boyd Group Services Stock Up 1.1 %

Shares of TSE:BYD opened at C$237.11 on Monday. The company has a market capitalization of C$5.09 billion, a PE ratio of 63.23, a P/E/G ratio of -56.72 and a beta of 0.99. 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 company’s fifty day moving average is C$220.37 and its 200-day moving average is C$218.90. Boyd Group Services has a 52 week low of C$198.61 and a 52 week high of C$324.75.

Insider Activity at Boyd Group Services

In related news, Director Robert Berthold Espey purchased 200 shares of the stock in a transaction dated Tuesday, November 26th. The stock was bought at an average cost of C$220.00 per share, with a total value of C$44,000.00. 0.37% of the stock is currently owned by company insiders.

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.