Cormark Lifts Earnings Estimates for Boyd Group Services

Boyd Group Services Inc. (TSE:BYD) – Equities researchers at Cormark upped their FY2026 earnings estimates for shares of Boyd Group Services in a research report issued to clients and investors on Monday, January 27th. Cormark analyst J. Fenwick now forecasts that the company will post earnings per share of $8.16 for the year, up from their prior forecast of $7.62. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share.

A number of other brokerages also recently issued reports on BYD. Raymond James lowered their price objective on Boyd Group Services from C$295.00 to C$285.00 in a research report on Thursday, November 7th. BMO Capital Markets dropped their price target on shares of Boyd Group Services from C$260.00 to C$250.00 in a research report on Wednesday, November 6th. Royal Bank of Canada decreased their price objective on shares of Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating for the company in a research report on Wednesday, October 23rd. CIBC upped their price target on shares of Boyd Group Services from C$252.00 to C$272.00 and gave the company an “outperform” rating in a research report on Monday, January 13th. Finally, ATB Capital cut their target price on Boyd Group Services from C$340.00 to C$320.00 in a research report on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Boyd Group Services has an average rating of “Buy” and an average target price of C$278.08.

Boyd Group Services Stock Performance

TSE BYD opened at C$239.25 on Tuesday. The stock has a fifty day simple moving average of C$216.40 and a 200 day simple moving average of C$220.07. Boyd Group Services has a twelve month low of C$198.61 and a twelve month high of C$324.75. The company has a market capitalization of C$5.14 billion, a price-to-earnings ratio of 63.80, a PEG ratio of -56.72 and a beta of 0.99. The company has a quick ratio of 0.30, a current ratio of 0.61 and a debt-to-equity ratio of 146.14.

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

Insider Activity

In related news, Director Robert Berthold Espey acquired 200 shares of the stock in a transaction dated Tuesday, November 26th. The stock was purchased at an average cost of C$220.00 per share, with a total value of C$44,000.00. 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.