Latest news with #BoydGroupServices
Business Insider
04-06-2025
- Business
- Business Insider
Analysts Conflicted on These Consumer Cyclical Names: Boyd Group Services (OtherBYDGF) and Kura Sushi USA (KRUS)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Boyd Group Services (BYDGF – Research Report) and Kura Sushi USA (KRUS – Research Report). Confident Investing Starts Here: Boyd Group Services (BYDGF) Noble Financial analyst Mark Jordan initiated coverage with a Hold rating on Boyd Group Services yesterday and set a price target of C$231.00. The company's shares closed last Tuesday at $149.00, close to its 52-week low of $140.89. According to Jordan is ranked #989 out of 9596 analysts. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boyd Group Services with a $197.01 average price target. Kura Sushi USA (KRUS) William Blair analyst Sharon Zackfia maintained a Buy rating on Kura Sushi USA yesterday. The company's shares closed last Tuesday at $72.60. According to Zackfia is a 5-star analyst with an average return of 13.1% and a 55.4% success rate. Zackfia covers the NA sector, focusing on stocks such as Birkenstock Holding plc, OneSpaWorld Holdings, and Lululemon Athletica. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kura Sushi USA with a $64.38 average price target.
Yahoo
17-05-2025
- Business
- Yahoo
Results: Boyd Group Services Inc. Delivered A Surprise Loss And Now Analysts Have New Forecasts
The quarterly results for Boyd Group Services Inc. (TSE:BYD) were released last week, making it a good time to revisit its performance. It was a pretty negative result overall, with revenues of US$778m missing analyst predictions by 2.1%. Worse, the business reported a statutory loss of US$0.12 per share, a substantial decline on analyst expectations of a profit. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. We've discovered 3 warning signs about Boyd Group Services. View them for free. Taking into account the latest results, the current consensus from Boyd Group Services' twelve analysts is for revenues of US$3.16b in 2025. This would reflect a credible 3.1% increase on its revenue over the past 12 months. Per-share earnings are expected to soar 152% to US$1.59. In the lead-up to this report, the analysts had been modelling revenues of US$3.25b and earnings per share (EPS) of US$2.30 in 2025. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a large cut to earnings per share estimates. See our latest analysis for Boyd Group Services Despite the cuts to forecast earnings, there was no real change to the CA$258 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Boyd Group Services, with the most bullish analyst valuing it at CA$297 and the most bearish at CA$197 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's pretty clear that there is an expectation that Boyd Group Services' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 4.2% growth on an annualised basis. This is compared to a historical growth rate of 16% over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue shrink 2.1% per year. So it's clear that despite the slowdown in growth, Boyd Group Services is still expected to grow meaningfully faster than the wider industry. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Boyd Group Services. Sadly they also cut their revenue estimates, although at least the company is expected to perform a bit better than the wider industry. The consensus price target held steady at CA$258, with the latest estimates not enough to have an impact on their price targets. With that in mind, we wouldn't be too quick to come to a conclusion on Boyd Group Services. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Boyd Group Services analysts - going out to 2027, and you can see them free on our platform here. That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Boyd Group Services (at least 1 which doesn't sit too well with us) , and understanding them should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
27-03-2025
- Business
- Yahoo
Some May Be Optimistic About Boyd Group Services' (TSE:BYD) Earnings
The most recent earnings report from Boyd Group Services Inc. (TSE:BYD) was disappointing for shareholders. However, our analysis suggests that the soft headline numbers are getting counterbalanced by some positive underlying factors. One key financial ratio used to measure how well a company converts its profit to free cash flow (FCF) is the accrual ratio. The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. The ratio shows us how much a company's profit exceeds its FCF. As a result, a negative accrual ratio is a positive for the company, and a positive accrual ratio is a negative. While it's not a problem to have a positive accrual ratio, indicating a certain level of non-cash profits, a high accrual ratio is arguably a bad thing, because it indicates paper profits are not matched by cash flow. To quote a 2014 paper by Lewellen and Resutek, "firms with higher accruals tend to be less profitable in the future". Boyd Group Services has an accrual ratio of -0.16 for the year to December 2024. Therefore, its statutory earnings were very significantly less than its free cashflow. In fact, it had free cash flow of US$233m in the last year, which was a lot more than its statutory profit of US$24.5m. Boyd Group Services did see its free cash flow drop year on year, which is less than ideal, like a Simpson's episode without Groundskeeper Willie. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. As we discussed above, Boyd Group Services' accrual ratio indicates strong conversion of profit to free cash flow, which is a positive for the company. Because of this, we think Boyd Group Services' underlying earnings potential is as good as, or possibly even better, than the statutory profit makes it seem! And it's also good to see that its earnings per share have improved a bit over the last three years. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. If you want to do dive deeper into Boyd Group Services, you'd also look into what risks it is currently facing. To that end, you should learn about the 3 warning signs we've spotted with Boyd Group Services (including 1 which is concerning). Today we've zoomed in on a single data point to better understand the nature of Boyd Group Services' profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
Following a 20% decline over last year, recent gains may please Boyd Group Services Inc. (TSE:BYD) institutional owners
Given the large stake in the stock by institutions, Boyd Group Services' stock price might be vulnerable to their trading decisions The top 20 shareholders own 51% of the company Insiders have bought recently If you want to know who really controls Boyd Group Services Inc. (TSE:BYD), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 46% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Institutional investors would probably welcome last week's 3.7% increase in the share price after a year of 20% losses as a sign that returns may to begin trending higher. Let's take a closer look to see what the different types of shareholders can tell us about Boyd Group Services. View our latest analysis for Boyd Group Services Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Boyd Group Services already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Boyd Group Services' earnings history below. Of course, the future is what really matters. It looks like hedge funds own 12% of Boyd Group Services shares. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. The company's largest shareholder is Mackenzie Financial Corporation, with ownership of 12%. For context, the second largest shareholder holds about 11% of the shares outstanding, followed by an ownership of 4.0% by the third-largest shareholder. After doing some more digging, we found that the top 20 have the combined ownership of 51% in the company, suggesting that no single shareholder has significant control over the company. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own less than 1% of Boyd Group Services Inc.. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own CA$19m worth of shares. It is good to see board members owning shares, but it might be worth checking if those insiders have been buying. With a 41% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Boyd Group Services. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. It's always worth thinking about the different groups who own shares in a company. But to understand Boyd Group Services better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Boyd Group Services you should be aware of, and 1 of them is significant. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
