Boyd Group Services Reports Q2 2025 Results, Surpasses 1,000 Locations

Boyd Group Services ( (TSE:BYD) ) has provided an update.

Boyd Group Services Inc. reported a slight increase in sales for the second quarter of 2025, driven by new location growth despite a decline in same-store sales. The company achieved margin expansion through profitability initiatives, including the internalization of scanning and calibration services, and cost reductions from a new indirect staffing model. Boyd’s location count surpassed 1,000, reflecting its strategic growth efforts. The appointment of Brian Kaner as CEO and ongoing cost transformation plans are expected to further enhance profitability, with a target Adjusted EBITDA margin of 14% by 2029.

The most recent analyst rating on (TSE:BYD) stock is a Buy with a C$295.00 price target. To see the full list of analyst forecasts on Boyd Group Services stock, see the TSE:BYD Stock Forecast page.

Spark’s Take on TSE:BYD Stock

According to Spark, TipRanks’ AI Analyst, TSE:BYD is a Neutral.

Boyd Group Services’ stock score is primarily influenced by its solid financial performance and resilience in market share and margin improvements, despite the high leverage risks. The technical analysis indicates bearish momentum, and the high P/E ratio suggests overvaluation, both weighing down the overall score. The earnings call highlighted resilience despite a net loss, supporting a moderate score.

To see Spark’s full report on TSE:BYD stock, click here.

More about Boyd Group Services

Boyd Group Services Inc. operates in the collision repair industry, providing automotive repair services. The company focuses on expanding its market presence through acquisitions and new location openings, aiming to enhance its service offerings and market reach.

Average Trading Volume: 38,706

Technical Sentiment Signal: Sell

Current Market Cap: C$4.14B

For a thorough assessment of BYD stock, go to TipRanks’ Stock Analysis page.