FY2024 EPS Estimate for Boyd Group Services Cut by Analyst

Boyd Group Services Inc. (TSE:BYD) – Analysts at Cormark reduced their FY2024 EPS estimates for Boyd Group Services in a research note issued to investors on Thursday, February 27th. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $1.83 for the year, down from their previous forecast of $1.86. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share. Cormark also issued estimates for Boyd Group Services’ FY2026 earnings at $8.05 EPS.

Other equities research analysts have also recently issued research reports about the stock. ATB Capital dropped their target price on shares of Boyd Group Services from C$340.00 to C$320.00 in a report on Wednesday, November 6th. TD Securities raised their target price on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. BMO Capital Markets dropped their target price on shares of Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. Raymond James dropped their target price on shares of Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. Finally, National Bankshares dropped their target price on shares of Boyd Group Services from C$270.00 to C$245.00 in a report on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Boyd Group Services currently has a consensus rating of “Buy” and an average target price of C$280.50.

Boyd Group Services Price Performance

Shares of BYD opened at C$238.38 on Monday. The company has a market capitalization of C$3.61 billion, a P/E ratio of 87.80, 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 0.70 and a debt-to-equity ratio of 150.94. The firm has a 50 day moving average of C$229.22 and a 200 day moving average of C$220.61. Boyd Group Services has a twelve month low of C$198.61 and a twelve month high of C$318.58.

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.