
TSE:BYD
This summary was created by AI, based on 7 opinions in the last 12 months.
Boyd Group Services Inc. (BYD-T) is facing a challenging environment as it navigates the collision repair market. Experts have noted concerns about the impact of older vehicles being written off by insurance companies, potentially leading to reduced repair opportunities. While there are opinions suggesting that the industry may have bottomed out, Boyd's stock has experienced significant volatility, with a nearly 50% drop over recent months. Some reviews highlight the company's solid same-store sales growth and expanding margins, but caution that labor-cost challenges persist. Analysts have mixed views on the company's future performance, indicating a gap between market expectations and analyst projections, suggesting a cautious approach moving forward.
(A Top Pick Apr 15/19, Up 30%) It's become a consolidator (which he prefers to a roll-up), because being a consolidator gives Boyd a platform for acquisitions and reduces overall costs. Boyd is a go-to to consolidate tens of thousands of auto body shops. They will expand to the U.S. as a stock, which is okay to hold in an RRSP but not a taxable account.