Desjardins Has Negative Estimate for TSE:BYD FY2025 Earnings

Boyd Group Services Inc. (TSE:BYD) – Equities researchers at Desjardins decreased their FY2025 earnings per share (EPS) estimates for Boyd Group Services in a research note issued to investors on Wednesday, August 13th. Desjardins analyst G. Ho now forecasts that the company will earn $2.64 per share for the year, down from their previous forecast of $3.22. Desjardins has a “Buy” rating and a $270.00 price target on the stock. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share. Desjardins also issued estimates for Boyd Group Services’ FY2026 earnings at $5.42 EPS.

Several other brokerages have also weighed in on BYD. Stephens raised Boyd Group Services to a “strong-buy” rating and set a C$240.00 target price on the stock in a research report on Wednesday, June 11th. Stifel Nicolaus increased their price target on shares of Boyd Group Services from C$255.00 to C$260.00 and gave the company a “buy” rating in a research note on Thursday. ATB Capital cut their price objective on shares of Boyd Group Services from C$290.00 to C$270.00 and set an “outperform” rating on the stock in a report on Thursday. Royal Bank Of Canada upped their target price on shares of Boyd Group Services from C$270.00 to C$272.00 and gave the company an “outperform” rating in a report on Thursday. Finally, TD Securities dropped their target price on shares of Boyd Group Services from C$290.00 to C$280.00 and set a “buy” rating on the stock in a research report on Thursday, May 22nd. One analyst has rated the stock with a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Boyd Group Services has a consensus rating of “Buy” and a consensus price target of C$259.18.

Boyd Group Services Stock Up 2.0%

Shares of TSE BYD opened at C$216.05 on Monday. The business has a 50-day moving average of C$205.47 and a two-hundred day moving average of C$212.96. The company has a market capitalization of C$3.28 billion, a price-to-earnings ratio of 79.58, 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$186.10 and a 1 year high of C$258.17. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30.

Boyd Group Services Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 29th. Investors of record on Monday, June 30th were given a $0.153 dividend. This is an increase from Boyd Group Services’s previous quarterly dividend of $0.15. This represents a $0.61 annualized dividend and a yield of 0.3%. Boyd Group Services’s dividend payout ratio is 22.10%.

Insider Buying and Selling

In other Boyd Group Services news, Director Robert Berthold Espey purchased 150 shares of the firm’s stock in a transaction that occurred on Tuesday, June 10th. The stock was purchased at an average price of C$201.74 per share, for a total transaction of C$30,261.00. 0.37% of the stock is currently owned by company insiders.

Boyd Group Services Company Profile

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.