Desjardins Has Strong Forecast for TSE:BYD FY2025 Earnings

Boyd Group Services Inc. (TSE:BYD - Free Report) - Equities research analysts at Desjardins upped their FY2025 earnings per share (EPS) estimates for Boyd Group Services in a research report issued to clients and investors on Wednesday, May 14th. Desjardins analyst G. Ho now forecasts that the company will post earnings per share of $3.22 for the year, up from their previous estimate of $3.03. Desjardins has a "Buy" rating and a $255.00 price objective 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' FY2026 earnings at $5.71 EPS.

A number of other equities analysts have also issued reports on the company. BMO Capital Markets raised their target price on Boyd Group Services from C$250.00 to C$280.00 and gave the stock a "strong-buy" rating in a research note on Thursday, March 20th. Cormark dropped their price objective on Boyd Group Services from C$240.00 to C$200.00 in a report on Thursday, March 20th. Stifel Nicolaus decreased their price objective on shares of Boyd Group Services from C$270.00 to C$265.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. ATB Capital cut their target price on shares of Boyd Group Services from C$320.00 to C$295.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Finally, CIBC decreased their price objective on Boyd Group Services from C$286.00 to C$278.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of C$271.36.

Boyd Group Services Stock Performance

Shares of Boyd Group Services stock opened at C$209.50 on Monday. The company has a 50 day moving average price of C$208.06 and a 200 day moving average price of C$218.82. The firm has a market capitalization of C$3.18 billion, a P/E ratio of 77.16, a PEG ratio of -56.72 and a beta of 0.99. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94. Boyd Group Services has a 52 week low of C$191.27 and a 52 week high of C$270.60.

Insider Transactions at Boyd Group Services

In related news, Director Robert Berthold Espey bought 150 shares of the firm's stock in a transaction on Thursday, April 3rd. The shares were bought at an average price of C$204.50 per share, with a total value of C$30,675.00. Insiders own 0.37% of the company's stock.

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.

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