Desjardins Has Negative Forecast for TSE:BYD FY2025 Earnings

Boyd Group Services Inc. (TSE:BYD) – Analysts at Desjardins decreased their FY2025 earnings per share estimates for Boyd Group Services in a research report issued on Wednesday, March 19th. Desjardins analyst G. Ho now expects that the company will earn $3.03 per share for the year, down from their prior forecast of $4.35. 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 $4.70 EPS.

Several other equities analysts also recently weighed in on BYD. Cormark dropped their target price on Boyd Group Services from C$240.00 to C$200.00 in a research report on Thursday, March 20th. BMO Capital Markets lifted their price objective on shares of Boyd Group Services from C$250.00 to C$280.00 and gave the company a “strong-buy” rating in a report on Thursday, March 20th. TD Securities increased their target price on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Stifel Nicolaus dropped their price target on shares of Boyd Group Services from C$285.00 to C$270.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Finally, National Bankshares cut their price objective on Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating on the stock in a research report on Thursday, March 20th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$274.83.

Boyd Group Services Price Performance

BYD stock opened at C$205.60 on Monday. The business’s fifty day moving average price is C$232.99 and its 200 day moving average price is C$220.66. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$291.53. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. The company has a market capitalization of C$3.12 billion, a PE ratio of 75.73, a P/E/G ratio of -56.72 and a beta of 0.99.

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.