BOYD GROUP SERVICES INC.

Boyd Group Services has been a successful consolidator of auto body shops, delivering a 28% compounded annual return since 2009. The company recently reported its second quarter results for 2024, which showed negative same store sales growth and a decline in margins and earnings. I believe current challenges are more economic, rather than structural, so the current share price decline has presented an opportunity to buy this compounder at a great price. » Mehr auf seekingalpha.com

Boyd Group Services Inc. (OTCPK:BYDGF) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Tim O'Day - Chief Executive Officer Jeff Murray - Executive Vice President & Chief Financial Officer Brian Kaner - President & Chief Operating Officer Conference Call Participants Sabahat Khan - RBC Capital Markets Krista Friesen - CIBC Steve Hansen - Raymond James Daryl Young - Stifel Tamy Chen - BMO Capital Markets Derek Lessard - TD Cowen Gary Ho - Desjardins Bret Jordan - Jefferies Zachary Evershed - National Bank Operator Good morning everyone. Welcome to the Boyd Group Services Inc. Second Quarter 2024 Results Conference Call. » Mehr auf seekingalpha.com

Boyd Group Services Inc. (TSE:BYD – Free Report) – Stock analysts at National Bank Financial issued their Q2 2024 earnings estimates for Boyd Group Services in a research note issued to investors on Wednesday, May 15th. National Bank Financial analyst Z. Evershed anticipates that the company will post earnings of $0.69 per share for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Boyd Group Services’ current full-year earnings is $6.50 per share. National Bank Financial also issued estimates for Boyd Group Services’ FY2024 earnings at $4.76 EPS and FY2025 earnings at $10.11 EPS. A number of other equities analysts have also weighed in on the stock. Desjardins raised shares of Boyd Group Services from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, May 15th. CIBC cut their price objective on shares of Boyd Group Services from C$304.00 to C$290.00 and set an “outperform” rating for the company in a research report on Thursday. Jefferies Financial Group cut their price objective on shares of Boyd Group Services from C$340.00 to C$325.00 and set a “buy” rating for the company in a research report on Thursday. TD Securities cut their price objective on shares of Boyd Group Services from C$310.00 to C$296.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Scotiabank cut their price objective on shares of Boyd Group Services from C$325.00 to C$275.00 and set an “outperform” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Boyd Group Services has an average rating of “Buy” and a consensus price target of C$301.85. View Our Latest Stock Report on Boyd Group Services Boyd Group Services Stock Performance Shares of BYD opened at C$234.01 on Monday. The company has a 50-day moving average of C$276.38 and a two-hundred day moving average of C$278.59. The company has a current ratio of 0.63, a quick ratio of 0.30 and a debt-to-equity ratio of 137.26. The stock has a market cap of C$5.02 billion, a P/E ratio of 42.39, a PEG ratio of -56.72 and a beta of 1.08. Boyd Group Services has a 12-month low of C$228.56 and a 12-month high of C$324.75. Boyd Group Services (TSE:BYD – Get Free Report) last announced its earnings results on Wednesday, March 20th. The company reported C$1.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.50 by C($0.23). The business had revenue of C$1.01 billion for the quarter, compared to analyst estimates of C$1.01 billion. Boyd Group Services had a return on equity of 11.00% and a net margin of 2.94%. Boyd Group Services Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Sunday, March 31st were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. Boyd Group Services’s dividend payout ratio (DPR) is 10.87%. Boyd Group Services Company Profile (Get Free Report) 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. » Mehr auf defenseworld.net