TSE:BYD FY2024 EPS Forecast Decreased by Atb Cap Markets

Boyd Group Services Inc. (TSE:BYD) – Investment analysts at Atb Cap Markets dropped their FY2024 earnings estimates for Boyd Group Services in a research note issued to investors on Wednesday, March 12th. Atb Cap Markets analyst C. Murray now expects that the company will post earnings of $1.97 per share for the year, down from their prior forecast of $2.32. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share. Atb Cap Markets also issued estimates for Boyd Group Services’ Q4 2024 earnings at $0.32 EPS, Q2 2025 earnings at $1.52 EPS, FY2025 earnings at $6.03 EPS and FY2026 earnings at $9.01 EPS.

A number of other brokerages have also weighed in on BYD. CIBC increased their target price on Boyd Group Services from C$276.00 to C$281.00 in a research note on Friday, February 28th. TD Securities lifted their price objective on Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a report on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$280.50.

Boyd Group Services Stock Performance

Shares of BYD stock opened at C$228.53 on Monday. Boyd Group Services has a 52 week low of C$198.61 and a 52 week high of C$318.58. The company has a market capitalization of C$3.47 billion, a price-to-earnings ratio of 84.17, a PEG ratio of -56.72 and a beta of 0.99. The company has a 50-day simple moving average of C$232.34 and a 200 day simple moving average of C$221.08. 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 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.