FY2025 EPS Forecast for Boyd Group Services Cut by Analyst

Boyd Group Services Inc. (TSE:BYD) – Equities research analysts at Stifel Canada dropped their FY2025 earnings per share estimates for Boyd Group Services in a research report issued on Sunday, October 27th. Stifel Canada analyst D. Young now anticipates that the company will post earnings of $6.02 per share for the year, down from their prior forecast of $6.14. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share.

BYD has been the subject of a number of other reports. National Bankshares lowered their target price on Boyd Group Services from C$310.00 to C$270.00 in a report on Friday, August 9th. Jefferies Financial Group dropped their target price on shares of Boyd Group Services from C$325.00 to C$300.00 in a research report on Friday, August 9th. Royal Bank of Canada decreased their price target on shares of Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. Cormark dropped their price objective on shares of Boyd Group Services from C$300.00 to C$255.00 and set a “hold” rating on the stock in a report on Friday, August 9th. Finally, TD Securities reduced their target price on Boyd Group Services from C$312.00 to C$300.00 in a research note on Friday, August 9th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Boyd Group Services presently has a consensus rating of “Buy” and an average target price of C$288.17.

Boyd Group Services Stock Performance

BYD stock opened at C$215.45 on Tuesday. The firm has a market cap of C$4.63 billion, a PE ratio of 57.45, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. The company has a current ratio of 0.61, a quick ratio of 0.30 and a debt-to-equity ratio of 146.14. The stock has a 50-day moving average price of C$215.05 and a 200-day moving average price of C$235.85. Boyd Group Services has a 1-year low of C$198.61 and a 1-year high of C$324.75.

Boyd Group Services (TSE:BYD) last posted its quarterly earnings data on Thursday, August 8th. The company reported C$0.77 EPS for the quarter, missing analysts’ consensus estimates of C$0.82 by C($0.05). Boyd Group Services had a net margin of 1.93% and a return on equity of 7.21%. The firm had revenue of C$1.07 billion during the quarter, compared to the consensus estimate of C$1.08 billion.

Insider Activity at Boyd Group Services

In other news, Senior Officer Jeff Murray acquired 456 shares of the business’s stock in a transaction on Monday, August 12th. The shares were purchased at an average cost of C$223.12 per share, with a total value of C$101,742.72. 0.37% of the stock is currently owned by insiders.

Boyd Group Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 29th. Investors of record on Monday, September 30th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.60 annualized dividend and a yield of 0.28%. Boyd Group Services’s dividend payout ratio (DPR) is currently 16.00%.

About Boyd Group Services

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.