Stifel Canada Has Bearish Forecast for TSE:BYD Q4 Earnings

Boyd Group Services Inc. (TSE:BYD) – Investment analysts at Stifel Canada lowered their Q4 2024 earnings estimates for Boyd Group Services in a research note issued on Sunday, March 2nd. Stifel Canada analyst D. Young now anticipates that the company will post earnings per share of $0.64 for the quarter, down from their prior estimate of $0.68. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share.

Other research analysts also recently issued research reports about the stock. National Bankshares decreased their target price on shares of Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday, November 6th. CIBC raised their target price on shares of Boyd Group Services from C$276.00 to C$281.00 in a research report on Friday. TD Securities raised their target price on shares of 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. ATB Capital decreased their target price on shares of Boyd Group Services from C$340.00 to C$320.00 in a research report on Wednesday, November 6th. Finally, Raymond James decreased their price objective on shares of Boyd Group Services from C$295.00 to C$285.00 in a research report on Thursday, November 7th. One analyst has rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Boyd Group Services has a consensus rating of “Buy” and an average price target of C$280.50.

Boyd Group Services Stock Down 0.2 %

Boyd Group Services stock opened at C$241.65 on Tuesday. The company has a market cap of C$3.66 billion, a P/E ratio of 89.01, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. Boyd Group Services has a 1-year low of C$198.61 and a 1-year high of C$318.58. The company has a fifty day simple moving average of C$228.76 and a 200 day simple moving average of C$220.46. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94.

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.