Boyd Group Income Fund (TSE:BYD) – Research analysts at Cormark reduced their Q1 2020 EPS estimates for shares of Boyd Group Income Fund in a research note issued to investors on Monday, March 23rd. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $1.29 for the quarter, down from their prior estimate of $1.33. Cormark also issued estimates for Boyd Group Income Fund’s Q4 2020 earnings at $1.58 EPS, Q1 2021 earnings at $1.76 EPS, Q3 2021 earnings at $1.78 EPS and Q4 2021 earnings at $1.94 EPS.

Other analysts have also issued reports about the stock. CIBC reduced their price objective on shares of Boyd Group Income Fund from C$208.00 to C$176.00 in a research note on Friday, March 20th. BMO Capital Markets reduced their price objective on shares of Boyd Group Income Fund from C$245.00 to C$184.00 in a research note on Thursday, March 19th. TD Securities reduced their price objective on shares of Boyd Group Income Fund from C$225.00 to C$190.00 and set a “hold” rating for the company in a research note on Thursday, March 19th. Raymond James upgraded shares of Boyd Group Income Fund from an “outperform” rating to a “strong-buy” rating and reduced their price objective for the company from C$250.00 to C$230.00 in a research note on Thursday, March 19th. Finally, AltaCorp Capital upgraded shares of Boyd Group Income Fund from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from C$200.00 to C$205.00 in a research note on Thursday, March 19th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$196.43.

TSE:BYD opened at C$158.74 on Wednesday. The company has a market cap of $3.48 billion and a price-to-earnings ratio of 41.88. The company has a debt-to-equity ratio of 160.65, a quick ratio of 0.42 and a current ratio of 0.60. Boyd Group Income Fund has a fifty-two week low of C$125.01 and a fifty-two week high of C$231.52. The company’s 50-day moving average price is C$202.11.

Boyd Group Income Fund (TSE:BYD) last released its quarterly earnings data on Wednesday, March 18th. The company reported C$1.25 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.20 by C$0.05. The firm had revenue of C$585.97 million for the quarter, compared to the consensus estimate of C$576.22 million.

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Earnings History and Estimates for Boyd Group Income Fund (TSE:BYD)

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