- Boyd Group Services Inc (BYD:CA) is one of North America’s largest operators of non-franchised collision repair centers.
- The company manages a wide network of auto body and glass repair facilities across Canada and the United States.
- Investors are watching Boyd Group Services closely for its upcoming quarterly earnings and recent analyst updates.
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Expected Q4 Earnings Report of Boyd Group Services Inc
- The company plans to release its fiscal 2024 fourth quarter earnings on March 19 2025, before the market opens.
- Analysts project an earnings per share of around 0.35 for Q4, which is lower than the previous year’s figure of 0.93.
Latest Analyst Ratings
- CIBC World Markets (03/03/2025) raised its target price to CAD 281 with a Buy rating.
- Raymond James (02/27/2025) set a target price of CAD 285 with a Buy rating.
Stock Target Advisor’s Analysis on Boyd Group Services Inc:
- Analysts note that Boyd Group Services has shown modest sales growth but faces rising operating costs.
- The company’s same-store sales and margins remain under pressure, leading to careful monitoring of cost optimization efforts.
- Despite near-term challenges, many analysts highlight Boyd Group’s strong brand presence and large network as positive indicators for a gradual recovery.
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Conclusion:
- As the Q4 earnings date approaches, investors will focus on the company’s ability to manage expenses and sustain growth.
- Management’s outlook and guidance will be crucial for understanding how Boyd Group Services plans to address industry challenges in 2025.
- The stock’s performance and analyst targets may shift as new information becomes available, making the upcoming report a key event for shareholders and market observers alike.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
