Desjardins Forecasts Lower Earnings for Boyd Group Services

Boyd Group Services Inc. (TSE:BYD) – Stock analysts at Desjardins dropped their FY2025 EPS estimates for Boyd Group Services in a note issued to investors on Wednesday, March 19th. Desjardins analyst G. Ho now forecasts that the company will earn $3.03 per share for the year, down from their prior estimate 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.

BYD has been the subject of several other reports. Cormark reduced their price target on Boyd Group Services from C$240.00 to C$200.00 in a report on Thursday, March 20th. Royal Bank of Canada dropped their target price on shares of Boyd Group Services from C$282.00 to C$277.00 in a research note on Thursday, March 20th. National Bankshares reduced their price target on shares of Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating for the company in a research report on Thursday, March 20th. BMO Capital Markets upped their price objective on Boyd Group Services from C$250.00 to C$280.00 in a research report on Thursday, March 20th. Finally, TD Securities boosted their price target on Boyd Group Services from C$270.00 to C$290.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$274.83.

Boyd Group Services Stock Performance

Boyd Group Services stock opened at C$207.75 on Monday. Boyd Group Services has a twelve month low of C$198.61 and a twelve month high of C$291.53. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94. The company has a market capitalization of C$3.15 billion, a P/E ratio of 76.52, a PEG ratio of -56.72 and a beta of 0.99. The stock’s 50 day moving average is C$233.15 and its 200 day moving average is C$220.76.

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.