Raymond James Issues Negative Outlook for TSE:BYD Earnings

Boyd Group Services Inc. (TSE:BYD) – Research analysts at Raymond James cut their Q1 2025 earnings per share estimates for Boyd Group Services in a research note issued on Thursday, March 20th. Raymond James analyst S. Hansen now anticipates that the company will post earnings per share of $0.24 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. Raymond James also issued estimates for Boyd Group Services’ Q2 2025 earnings at $0.93 EPS and FY2025 earnings at $3.65 EPS.

A number of other research analysts have also weighed in on the stock. Cormark decreased their price target on shares of Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday, March 20th. BMO Capital Markets raised their target price on Boyd Group Services from C$250.00 to C$280.00 and gave the company a “strong-buy” rating in a research report on Thursday, March 20th. Royal Bank of Canada lowered their price target on Boyd Group Services from C$282.00 to C$277.00 in a research note on Thursday, March 20th. Desjardins reduced their price objective on Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company in a research note on Thursday, March 20th. Finally, CIBC raised their price objective on Boyd Group Services from C$281.00 to C$286.00 and gave the company an “outperform” rating in a report on Thursday, March 20th. One 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. Based on data from MarketBeat.com, Boyd Group Services currently has an average rating of “Buy” and an average price target of C$274.83.

Boyd Group Services Stock Performance

BYD opened at C$205.60 on Monday. The firm’s fifty day simple moving average is C$232.99 and its two-hundred day simple moving average is C$220.66. Boyd Group Services has a 52-week low of C$198.61 and a 52-week high of C$291.53. The company has a market cap of C$3.12 billion, a price-to-earnings ratio of 75.73, 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 0.70 and a debt-to-equity ratio of 150.94.

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.