What is Stifel Canada’s Forecast for TSE:BYD Q4 Earnings?

Boyd Group Services Inc. (TSE:BYD) – Stock analysts at Stifel Canada decreased their Q4 2024 earnings estimates for Boyd Group Services in a research report issued to clients and investors on Wednesday, November 6th. Stifel Canada analyst D. Young now forecasts that the company will post earnings of $0.68 per share for the quarter, down from their previous estimate of $0.84. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share. Stifel Canada also issued estimates for Boyd Group Services’ FY2025 earnings at $5.57 EPS and FY2026 earnings at $7.08 EPS.

Other equities research analysts also recently issued reports about the company. Royal Bank of Canada reduced their price objective on Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating for the company in a report on Wednesday, October 23rd. Jefferies Financial Group reduced their price target on shares of Boyd Group Services from C$325.00 to C$300.00 in a research note on Friday, August 9th. ATB Capital lowered their price objective on shares of Boyd Group Services from C$340.00 to C$320.00 in a research report on Wednesday. Raymond James cut their target price on shares of Boyd Group Services from C$295.00 to C$285.00 in a research report on Thursday. Finally, CIBC decreased their target price on shares of Boyd Group Services from C$290.00 to C$268.00 in a research note on Friday, August 9th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$277.75.

Boyd Group Services Stock Down 1.2 %

Boyd Group Services stock opened at C$217.42 on Friday. The firm has a market cap of C$4.67 billion, a price-to-earnings ratio of 57.98, a PEG ratio of -56.72 and a beta of 0.99. The company has a current ratio of 0.61, a quick ratio of 0.30 and a debt-to-equity ratio of 146.14. Boyd Group Services has a 12 month low of C$198.61 and a 12 month high of C$324.75. The stock has a fifty day simple moving average of C$213.62 and a two-hundred day simple moving average of C$233.01.

Boyd Group Services (TSE:BYD) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$0.20 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.46). The firm had revenue of C$1.03 billion during the quarter, compared to analysts’ expectations of C$1.03 billion. Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%.

Boyd Group Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 29th. Stockholders of record on Monday, September 30th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.28%. The ex-dividend date of this dividend was Friday, September 27th. Boyd Group Services’s dividend payout ratio (DPR) is currently 16.00%.

Insider Transactions at Boyd Group Services

In other news, Senior Officer Jeff Murray purchased 456 shares of the stock in a transaction on Monday, August 12th. The shares were acquired at an average price of C$223.12 per share, with a total value of C$101,742.72. Corporate insiders own 0.37% of the company’s stock.

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.