TSE:BYD

Boyd Group Services Inc. (BYD.TO)

125.61
+1.22 (0.98%)
as of Sep 4, 2026, 4:41:28 pm Market Open.
182 watching
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Investor Insights
star iconSep 4, 2026, 12:00 am

This summary was created by AI, based on 9 opinions in the last 12 months.

Boyd Group Services Inc. (BYD-T) has faced a series of challenges in recent quarters, with earnings consistently falling short of expectations and targets being revised downwards. Experts express concerns over the company's ability to prosper amid a trend of consumers holding onto their vehicles longer, which directly affects Boyd's revenue from collision repairs. Although the company has seen positive same-store sales growth and margin expansion, many analysts suggest caution, highlighting the need for several strong quarters and a recovery in the claims cycle to restore confidence. The competitive landscape in the collision repair industry, combined with ongoing labor-cost pressures, adds to the uncertainties surrounding Boyd’s future prospects. While some analysts maintain a cautious watch on the stock, others see potential for recovery if management can effectively execute on their efficiency projects and navigate the evolving market conditions.

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Consensus
Negative
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Valuation
Overvalued
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CPRT
HOLD

Dominant in a fragmented industry. Grows through acquisition, very successful, still lots of runway for this. Good long-term hold.

BUY

Lots against them during Covid with no one driving, labour costs going up, and blocked supply chains. Those trends are unwinding. More driving = more accidents. With automation, repair costs are that much higher. M&A mojo should return.

WATCH

Interesting business model, gets referrals from insurers. Labour shortages and other issues slowly being addressed. Well managed. He tries to avoid labour-intensive businesses, but he is looking at it.

BUY

Tough during Covid. Insurance rates and labour costs have come up. Good numbers last quarter. Now insurance is paying more, labour costs are going down, and consolidation is continuing. Fragmented industry, so lots of runway. Positive on the name.

BUY ON WEAKNESS

Has sold shares in company.
Company has too much retail orientation (very hard business).
Auto-body shops require large capital investments.
Strong franchise - but would wait for shares to fall before investing.

BUY ON WEAKNESS
Very well run company. Growth through M&A and organically. As pandemic eases, costs will go up (costs going up with more vehicle collisions). Large business with brand name. Current share price presenting good buying opportunity.
HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Preliminary 1Q 2020 results are positive Higher debt, but good financial flexibility. Solid acquisition track record. Autonomous vehicle risks in future.
BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. One of the largest operators of non-franchised collision repair centers in North America. 860 locations of which 724 are Gerber glass. Sales at $613 million, up 37.8% for the quarter ended June 30th, 2022. Management noted that demand is exceeding capacity in all US markets and indicating a recovery in Canadian markets. Unlock Premium - Try 5i Free

BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Relationships with major insurance companies. Industry leader and major consolidator. Expanding EBITDA margins. Five-year growth plan to double its size.
BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Relationships with major insurance companies. Industry leader and major consolidator. Expanding EBITDA margins. Five-year growth plan to double its size. Unlock Premium - Try 5i Free

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Underlying fundamentals remain good. Labour shortages and supply issues could persist for some time, however. In general they beat estimates in their latest quarter, with sales at $516M, rising 28%. esP beat estimates of 12c at 28c. Unlock Premium - Try 5i Free

WATCH
Management is awesome. Excellent accretive acquisitions. Valuation got high this year, and so it pulled back. He's been looking at it quite closely.
BUY
It has come off. They are having challenges with labour and supply shortages. The company expects a couple or more quarters to get back to their previous margins. It is a fantastic company unless over the long term, auto-pilot functions like in Tesla take off in the car market, vastly reducing collisions.
HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Same store sales increased by 10.7%. They beat sales estimates slightly but missed on EPS. EBITDA came in at $51.1M, missing estimates. Demand is still below pre-covid levels and margins are seeing pressure from labour and material shortages. Confident in management’s ability to manage short-term headwinds. Unlock Premium - Try 5i Free

COMMENT
They grow by acquisition, but haven't done one since 2020. Boyd is neither here nor there. It is not volatile, though. PE and EBITDA are pricey. Good balance sheet, though. He's neutral about this.
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