Desjardins Lifts Earnings Estimates for Boyd Group Services

Boyd Group Services Inc. (TSE:BYD) – Stock analysts at Desjardins upped their FY2026 EPS estimates for Boyd Group Services in a report released on Wednesday, November 12th. Desjardins analyst G. Ho now anticipates that the company will earn $5.63 per share for the year, up from their previous estimate of $5.12. Desjardins currently has a “Moderate Buy” rating 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’ FY2027 earnings at $8.32 EPS.

A number of other equities analysts have also weighed in on BYD. Royal Bank Of Canada upped their target price on Boyd Group Services from C$272.00 to C$291.00 in a research report on Wednesday, November 5th. Stifel Nicolaus boosted their price target on shares of Boyd Group Services from C$265.00 to C$275.00 in a research note on Tuesday, November 4th. TD Securities raised their price objective on shares of Boyd Group Services from C$280.00 to C$290.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Cormark raised shares of Boyd Group Services from a “hold” rating to a “moderate buy” rating in a research report on Thursday, October 30th. Finally, CIBC upped their target price on shares of Boyd Group Services from C$270.00 to C$280.00 in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Boyd Group Services has an average rating of “Buy” and an average price target of C$265.60.

Boyd Group Services Trading Down 0.1%

Shares of Boyd Group Services stock opened at C$216.98 on Monday. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. Boyd Group Services has a 52 week low of C$186.10 and a 52 week high of C$258.17. The stock has a 50 day moving average price of C$224.04 and a two-hundred day moving average price of C$214.36. The stock has a market capitalization of C$6.04 billion, a PE ratio of 293.22, a price-to-earnings-growth ratio of -56.72 and a beta of 0.32.

Boyd Group Services (TSE:BYD) last issued its earnings results on Wednesday, November 12th. The company reported C$0.62 EPS for the quarter. The business had revenue of C$1.10 billion during the quarter. Boyd Group Services had a return on equity of 4.93% and a net margin of 1.35%.

Boyd Group Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 29th. Investors of record on Tuesday, September 30th were given a dividend of $0.153 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 0.3%. Boyd Group Services’s payout ratio is currently 58.82%.

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.