What is Raymond James’ Forecast for TSE:BYD FY2024 Earnings?

Boyd Group Services Inc. (TSE:BYD) – Analysts at Raymond James issued their FY2024 earnings estimates for Boyd Group Services in a research note issued to investors on Tuesday, March 18th. Raymond James analyst S. Hansen expects that the company will earn $1.83 per share for the year. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share. Raymond James also issued estimates for Boyd Group Services’ Q4 2024 earnings at $0.19 EPS, Q3 2025 earnings at $1.24 EPS, Q4 2025 earnings at $1.37 EPS and FY2026 earnings at $6.25 EPS.

A number of other brokerages have also recently commented on BYD. BMO Capital Markets upped their target price on shares of Boyd Group Services from C$250.00 to C$280.00 in a report on Thursday. Royal Bank of Canada reduced their target price on shares of Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday. Desjardins reduced their target price on shares of Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company in a report on Thursday. National Bankshares reduced their target price on shares of Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating for the company in a report on Thursday. Finally, CIBC increased their price target on shares of Boyd Group Services from C$281.00 to C$286.00 and gave the stock an “outperform” rating in a report on Thursday. One analyst has rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$274.83.

Boyd Group Services Price Performance

Shares of TSE:BYD opened at C$210.43 on Thursday. The company has a 50-day simple moving average of C$233.25 and a 200-day simple moving average of C$220.94. Boyd Group Services has a one year low of C$198.61 and a one year high of C$291.53. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. The stock has a market capitalization of C$3.19 billion, a price-to-earnings ratio of 77.51, a PEG ratio of -56.72 and a beta of 0.99.

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.