Cormark Decreases Earnings Estimates for Boyd Group Services

Boyd Group Services Inc. (TSE:BYD) – Investment analysts at Cormark lowered their FY2025 earnings per share (EPS) estimates for Boyd Group Services in a research report issued to clients and investors on Thursday, February 27th. Cormark analyst J. Fenwick now anticipates that the company will earn $5.54 per share for the year, down from their prior estimate of $5.62. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share. Cormark also issued estimates for Boyd Group Services’ FY2025 earnings at $5.54 EPS.

Several other equities analysts also recently weighed in on BYD. BMO Capital Markets decreased their target price on Boyd Group Services from C$260.00 to C$250.00 in a research report on Wednesday, November 6th. ATB Capital decreased their target price on Boyd Group Services from C$340.00 to C$320.00 in a research report on Wednesday, November 6th. National Bankshares decreased their target price on Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday, November 6th. Raymond James decreased their target price on Boyd Group Services from C$295.00 to C$285.00 in a research report on Thursday, November 7th. Finally, TD Securities raised their target price on Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. One equities 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 stock. Based on data from MarketBeat, Boyd Group Services has a consensus rating of “Buy” and a consensus price target of C$280.50.

Boyd Group Services Stock Performance

Shares of BYD stock opened at C$242.20 on Friday. The company has a market capitalization of C$3.67 billion, a P/E ratio of 89.21, a P/E/G ratio of -56.72 and a beta of 0.99. The business’s 50 day moving average is C$228.22 and its two-hundred day moving average is C$220.28. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$322.59.

About Boyd Group Services

Boyd Group Services Inc is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass.