Q1 2024 Earnings Estimate for Boyd Group Services Inc. Issued By Atb Cap Markets (TSE:BYD)

Boyd Group Services Inc. (TSE:BYD - Free Report) - Investment analysts at Atb Cap Markets reduced their Q1 2024 EPS estimates for shares of Boyd Group Services in a research report issued to clients and investors on Monday, April 22nd. Atb Cap Markets analyst C. Murray now forecasts that the company will earn $0.72 per share for the quarter, down from their prior forecast of $1.06. 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' Q2 2024 earnings at $1.34 EPS, Q4 2024 earnings at $1.75 EPS, FY2024 earnings at $5.44 EPS and Q4 2025 earnings at $2.28 EPS.

Boyd Group Services (TSE:BYD - Get Free Report) last released its quarterly earnings data on Wednesday, March 20th. The company reported C$1.27 EPS 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 during the quarter, compared to analysts' expectations of C$1.01 billion.

Other research analysts have also issued reports about the stock. Jefferies Financial Group upped their target price on shares of Boyd Group Services from C$290.00 to C$340.00 and gave the company a "buy" rating in a report on Thursday, March 21st. Scotiabank upped their target price on shares of Boyd Group Services from C$315.00 to C$325.00 and gave the company an "outperform" rating in a report on Thursday, March 21st. ATB Capital upped their target price on shares of Boyd Group Services from C$300.00 to C$350.00 and gave the company an "outperform" rating in a report on Tuesday, March 12th. National Bankshares upped 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. Finally, Desjardins dropped their price objective on shares of Boyd Group Services from C$320.00 to C$310.00 and set a "hold" rating for the company in a research note on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of C$319.69.

Boyd Group Services Price Performance

Shares of Boyd Group Services stock traded down C$3.61 on Thursday, hitting C$258.54. The company's stock had a trading volume of 80,115 shares, compared to its average volume of 38,131. Boyd Group Services has a 52-week low of C$214.04 and a 52-week high of C$324.75. The company has a quick ratio of 0.30, a current ratio of 0.63 and a debt-to-equity ratio of 137.26. The firm has a fifty day moving average price of C$295.04 and a 200-day moving average price of C$276.00. The company has a market capitalization of C$5.55 billion, a P/E ratio of 46.67, a price-to-earnings-growth ratio of -56.72 and a beta of 1.06.

Boyd Group Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Sunday, March 31st will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.23%. The ex-dividend date is Wednesday, March 27th. Boyd Group Services's dividend payout ratio (DPR) is 10.83%.

About Boyd Group Services

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.