Cormark Has Optimistic Outlook of TSE:BYD FY2026 Earnings

Boyd Group Services Inc. (TSE:BYD) – Investment analysts at Cormark increased their FY2026 earnings per share estimates for Boyd Group Services in a report issued on Monday, January 27th. Cormark analyst J. Fenwick now forecasts that the company will earn $8.16 per share for the year, up from their previous estimate of $7.62. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share.

Boyd Group Services (TSE:BYD) last issued its quarterly earnings data 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.

Other research analysts have also issued reports about the company. Stifel Nicolaus decreased their price objective on Boyd Group Services from C$280.00 to C$275.00 in a research report on Monday, October 28th. Royal Bank of Canada decreased their price target on Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. CIBC lifted their price objective 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. ATB Capital reduced their target price on shares of Boyd Group Services from C$340.00 to C$320.00 in a research note on Wednesday, November 6th. Finally, BMO Capital Markets lowered their price target on shares of Boyd Group Services from C$260.00 to C$250.00 in a research report on Wednesday, November 6th. Two equities research 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 company’s stock. According to MarketBeat, Boyd Group Services currently has an average rating of “Buy” and an average target price of C$278.08.

Boyd Group Services Price Performance

BYD opened at C$236.89 on Tuesday. The company has a debt-to-equity ratio of 146.14, a current ratio of 0.61 and a quick ratio of 0.30. The stock has a market capitalization of C$5.09 billion, a P/E ratio of 63.17, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. The company’s 50 day simple moving average is C$216.72 and its 200-day simple moving average is C$219.96. Boyd Group Services has a one year low of C$198.61 and a one year high of C$324.75.

Insider Buying and Selling

In related news, Director Robert Berthold Espey purchased 200 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were purchased at an average price 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.