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

Boyd Group Services Inc. (TSE:BYD) – Stifel Canada reduced their Q4 2024 earnings estimates for Boyd Group Services in a note issued to investors on Sunday, March 2nd. Stifel Canada analyst D. Young now anticipates that the company will post earnings of $0.64 per share for the quarter, down from their prior forecast of $0.68. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share.

Other equities analysts have also issued reports about the stock. Raymond James reduced their target price on shares of Boyd Group Services from C$295.00 to C$285.00 in a research report on Thursday, November 7th. TD Securities boosted their price target on shares of 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. ATB Capital dropped their price target on shares of Boyd Group Services from C$340.00 to C$320.00 in a research note on Wednesday, November 6th. CIBC boosted their price target on shares of Boyd Group Services from C$276.00 to C$281.00 in a research note on Friday. Finally, BMO Capital Markets dropped their price target on shares of Boyd Group Services from C$260.00 to C$250.00 in a research note on Wednesday, November 6th. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Boyd Group Services currently has an average rating of “Buy” and an average price target of C$280.50.

Boyd Group Services Price Performance

Shares of BYD stock opened at C$241.65 on Tuesday. Boyd Group Services has a 1 year low of C$198.61 and a 1 year high of C$318.58. The firm’s 50 day moving average is C$228.76 and its 200-day moving average is C$220.46. The firm has a market capitalization of C$3.66 billion, a price-to-earnings ratio of 89.01, a PEG ratio of -56.72 and a beta of 0.99. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94.

Boyd Group Services Company Profile

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.