Q3 2024 EPS Estimates for Boyd Group Services Inc. Lowered by Atb Cap Markets (TSE:BYD)

Boyd Group Services Inc. (TSE:BYD) – Analysts at Atb Cap Markets reduced their Q3 2024 EPS estimates for Boyd Group Services in a research note issued to investors on Monday, April 22nd. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings of $1.64 per share for the quarter, down from their prior forecast of $1.75. The consensus estimate for Boyd Group Services’ current full-year earnings is $6.56 per share. Atb Cap Markets also issued estimates for Boyd Group Services’ Q1 2025 earnings at $2.01 EPS, Q2 2025 earnings at $2.34 EPS, Q3 2025 earnings at $2.27 EPS and FY2025 earnings at $8.90 EPS.

A number of other analysts have also recently commented on BYD. National Bankshares boosted their target price on shares of Boyd Group Services from C$260.00 to C$310.00 and gave the stock a “sector perform” rating in a research note on Monday, January 29th. Jefferies Financial Group upped their price objective on shares of Boyd Group Services from C$290.00 to C$340.00 and gave the company a “buy” rating in a research note on Thursday, March 21st. Cormark dropped their price objective on shares of Boyd Group Services from C$315.00 to C$300.00 in a research note on Thursday, March 21st. TD Securities cut shares of Boyd Group Services from a “buy” rating to a “hold” rating and dropped their price objective for the company from C$320.00 to C$310.00 in a research note on Thursday, March 21st. Finally, Stifel Nicolaus dropped their price objective on shares of Boyd Group Services from C$355.00 to C$340.00 in a research note on Friday, March 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$319.69.

Boyd Group Services Stock Down 1.7 %

BYD stock opened at C$267.08 on Wednesday. The stock has a market capitalization of C$5.73 billion, a P/E ratio of 48.21, a P/E/G ratio of -56.72 and a beta of 1.06. The firm has a 50-day simple moving average of C$295.93 and a 200-day simple moving average of C$276.10. The company has a quick ratio of 0.30, a current ratio of 0.63 and a debt-to-equity ratio of 137.26. Boyd Group Services has a 52 week low of C$213.66 and a 52 week high of C$324.75.

Boyd Group Services (TSE:BYD) last released its earnings results on Wednesday, March 20th. The company reported C$1.27 EPS for the quarter, missing analysts’ consensus estimates of C$1.50 by C($0.23). The company had revenue of C$1.01 billion for the quarter, compared to analysts’ expectations of C$1.01 billion. Boyd Group Services had a return on equity of 11.00% and a net margin of 2.94%.

Boyd Group Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 26th. Stockholders of record on Sunday, March 31st will be paid a $0.15 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.22%. Boyd Group Services’s dividend payout ratio (DPR) is 10.83%.

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.