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TSE:BYD
Boyd Group Services Inc. (BYD.TO)
Financials 
Technical Analysis 
Jun 11, 2026, 12:00 amThis summary was created by AI, based on 7 opinions in the last 12 months.
Boyd Group Services Inc. (BYD-T) is presently facing challenges related to labor costs and fluctuating accident volumes, which have shown an uptick recently. Despite these challenges, there are positive indications, such as two consecutive quarters of positive same-store sales growth and expanding margins. Analysts seem divided, with some expressing skepticism about the company's future performance compared to the market's expectations and recent earnings downturns. The company has made strides in improving efficiencies through initiatives like Project 360, but the outlook remains cautious due to the complexities in the automotive repair sector and the need for consistent performance. Overall, Boyd may be well-positioned for long-term growth through strategic acquisitions, but uncertainties regarding industry normalization linger.
(A Top Pick June 8/12. Up 108.5%.) Just made a sizable auto repair shop acquisition and have moved into Michigan, which will give them another stage to continue to make acquisitions and consolidate. Lots of running room.
Veronika HirschWas buying more when it dropped. Great company that is exposed to auto body repair. Great revenue sharing agreement with a paint supplier of theirs. Done extremely well over the years but never raised equity and continues to pay great dividends. Liquidity issue as it doesn’t trade a great deal of shares. Some investors may think they are exposed to Calgary flooding.
Andrew HamlinAuto collision repair. A big consolidator in the sector as well as in the glass repair business. Revenues have doubled in 3 years. Dividend keeps going up. Not expensive. Cash flow is starting to kick in. Thinks they are only just starting. Just made their 1st purchase in Ontario. They know exactly what they are doing. 2% yield.
(A Top Pick March 9/12. Up 52.16%.) Purely a story on the consolidation of collision repair shops in North America. Majority of their business is now out of the US. Yield of 2.51%.
Veronika HirschReasonable valuation. Has been some private equity buyouts. Growing by acquisition. Pays out a chunk of its cash flow so as it grows it will increase the dividend and they have been. It’s an industry that has not been consolidated at all. There is lots of expansion left for them. Comfortable with the 63% payout ratio.
Veronika HirschVeronika Hirsch
Colin StewartVeronika Hirsch
Jason Donville
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Great business and great story. They have been consolidating and buying up small collision companies. Earnings continue to ramp up. Will continue to do very well. Never trades at a cheap valuation.