Boyd Group Services Inc. Expected to Earn Q3 2024 Earnings of $1.64 Per Share (TSE:BYD)

Boyd Group Services Inc. (TSE:BYD - Free Report) - Analysts at Atb Cap Markets cut their Q3 2024 earnings per share estimates for shares of Boyd Group Services in a note issued to investors on Monday, April 22nd. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings of $1.64 per share for the quarter, down from their previous estimate 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 equities research analysts also recently issued reports on the company. Jefferies Financial Group boosted their price target on Boyd Group Services from C$290.00 to C$340.00 and gave the company a "buy" rating in a research report on Thursday, March 21st. CIBC lowered their target price on Boyd Group Services from C$306.00 to C$304.00 and set an "outperform" rating for the company in a research note on Friday, April 19th. Desjardins reduced their price target on Boyd Group Services from C$320.00 to C$310.00 and set a "hold" rating on the stock in a research report on Thursday, March 21st. BMO Capital Markets lowered their price objective on shares of Boyd Group Services from C$350.00 to C$330.00 and set an "outperform" rating for the company in a research report on Thursday, March 21st. Finally, National Bankshares lifted their price objective on shares of Boyd Group Services from C$260.00 to C$310.00 and gave the company a "sector perform" rating in a research note on Monday, January 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Boyd Group Services has a consensus rating of "Moderate Buy" and a consensus price target of C$319.69.

Boyd Group Services Trading Down 1.8 %

Shares of BYD stock traded down C$4.93 during trading hours on Wednesday, hitting C$262.15. 91,947 shares of the company were exchanged, compared to its average volume of 37,606. The firm has a fifty day moving average of C$295.93 and a 200 day 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 1 year low of C$213.72 and a 1 year high of C$324.75. The firm has a market cap of C$5.63 billion, a PE ratio of 47.32, a PEG ratio of -56.72 and a beta of 1.06.

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

Boyd Group Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Sunday, March 31st will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend is Wednesday, March 27th. Boyd Group Services's dividend payout ratio is presently 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.