Cormark Predicts Stronger Earnings for Boyd Group Services

Boyd Group Services Inc. (TSE:BYD) – Cormark boosted their FY2026 EPS estimates for shares of Boyd Group Services in a report released on Monday, January 27th. Cormark analyst J. Fenwick now expects that the company will post earnings of $8.16 per share for the year, up from their prior forecast of $7.62. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share.

Several other research analysts have also recently issued reports on the company. BMO Capital Markets dropped their price target on Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. CIBC boosted their target price on Boyd Group Services from C$252.00 to C$272.00 and gave the stock an “outperform” rating in a research report on Monday, January 13th. Stifel Nicolaus decreased their price target on Boyd Group Services from C$280.00 to C$275.00 in a research report on Monday, October 28th. National Bankshares dropped their price target on Boyd Group Services from C$270.00 to C$245.00 in a research note on Wednesday, November 6th. Finally, Raymond James decreased their target price on shares of Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. 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 company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$278.08.

Boyd Group Services Trading Down 1.0 %

Shares of Boyd Group Services stock opened at C$236.89 on Tuesday. The business has a fifty day simple moving average of C$216.72 and a 200-day simple moving average of C$219.96. Boyd Group Services has a fifty-two week low of C$198.61 and a fifty-two week high of C$324.75. The firm has a market cap of C$5.09 billion, a price-to-earnings ratio of 63.17, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. 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 (TSE:BYD) last released its quarterly earnings results on Tuesday, November 5th. The company reported C$0.20 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of C$1.03 billion.

Insider Activity

In related news, Director Robert Berthold Espey purchased 200 shares of Boyd Group Services stock in a transaction on Tuesday, November 26th. The stock was purchased 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.