Raymond James Has Bearish Forecast for TSE:BYD Q1 Earnings

Boyd Group Services Inc. (TSE:BYD) – Equities researchers at Raymond James lowered their Q1 2025 earnings estimates for shares of Boyd Group Services in a research note issued to investors 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 forecast 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.

BYD has been the subject of a number of other research reports. TD Securities upped their price objective on Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Desjardins reduced their price target on shares of Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company in a research report on Thursday, March 20th. CIBC raised their price objective on shares of Boyd Group Services from C$281.00 to C$286.00 and gave the stock an “outperform” rating in a report on Thursday, March 20th. Cormark dropped their target price on shares of Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday, March 20th. Finally, Royal Bank of Canada reduced their target price on shares of Boyd Group Services from C$282.00 to C$277.00 in a research report on Thursday, March 20th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$274.83.

Boyd Group Services Stock Performance

BYD stock opened at C$207.75 on Monday. 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 firm has a market cap of C$3.15 billion, a PE ratio of 76.52, a P/E/G ratio of -56.72 and a beta of 0.99. The business has a 50 day moving average of C$233.15 and a 200-day moving average of C$220.76. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$291.53.

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.