Boyd Group Services (TSE:BYD) Upgraded to “Moderate Buy” at Desjardins

Desjardins upgraded shares of Boyd Group Services (TSE:BYD) to a moderate buy rating in a research note released on Tuesday,Zacks.com reports. Desjardins also issued estimates for Boyd Group Services’ Q3 2025 earnings at $0.95 EPS.

Other analysts have also issued research reports about the stock. Royal Bank Of Canada increased their price target on shares of Boyd Group Services from C$272.00 to C$291.00 in a research report on Wednesday. CIBC raised their price objective on Boyd Group Services from C$270.00 to C$280.00 in a research note on Wednesday. National Bankshares upped their price objective on shares of Boyd Group Services from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. TD Securities increased their price target on Boyd Group Services from C$280.00 to C$290.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Stifel Nicolaus upped their target price on Boyd Group Services from C$265.00 to C$275.00 in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Boyd Group Services presently has a consensus rating of “Buy” and an average target price of C$266.45.

Boyd Group Services Stock Down 3.6%

Shares of TSE BYD opened at C$215.38 on Tuesday. The stock has a market capitalization of C$4.62 billion, a P/E ratio of 566.79, a PEG ratio of -56.72 and a beta of 0.32. The stock’s fifty day moving average is C$225.98 and its 200 day moving average is C$213.55. Boyd Group Services has a 52 week low of C$186.10 and a 52 week high of C$258.17. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 29th. Shareholders of record on Tuesday, September 30th were issued a $0.153 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 0.3%. Boyd Group Services’s payout ratio is currently 114.83%.

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.